UIOT VIP Review: Stolen identity “click a button” Ponzi
UIOT VIP fails to provide ownership or executive information on its website.
UIOT VIP’s website domain (“vipuiot.top”), was registered with bogus details on August 5th, 2024.
Of note is UIOT VIP’s website domain being registered through the Chinese registrar Alibaba (Singapore).
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
UIOT VIP’s Products
UIOT VIP has no retailable products or services.
Affiliates are only able to market UIOT VIP affiliate membership itself.
UIOT VIP’s Compensation Plan
UIOT VIP affiliates invest tether (USDT). This is done on the promise of advertised returns:
- VIP0 – sign up and receive 0.5 USDT a day (not can’t withdraw unless invest in VIP1 or higher)
- VIP1 – invest 8 USDT and receive 5.5 USDT a day
- VIP2 – invest 35 USDT and receive 25 USDT a day
- VIP3 – invest 100 USDT and receive 70 USDT a day
- VIP4 – invest 220 USDT and receive 150 USDT a day
- VIP5 – invest 500 USDT and receive 360 USDT a day
- VIP6 – invest 1000 USDT and receive 720 USDT a day
- VIP7 – invest 2000 USDT and receive 1500 USDT a day
- VIP8 – invest 5000 USDT and receive 3600 USDT a day
- VIP9 – invest 8000 USDT and receive 6000 USDT a day
- VIP10 – invest 20,000 USDT and receive 15,000 USDT a day
- VIP11 – invest 50,000 USDT and receive 36,000 USDT a day
The MLM side of UIOT VIP pays on recruitment of affiliate investors.
Referral Commissions
UIOT VIP pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 13%
- level 2 – 3%
- level 3 – 1%
Downline Investment Bonus
UIOT VIP rewards affiliates for generating downline investment over a 24-hour period:
- generate 1000 USDT in downline investment and receive 288 USDT
- generate 3000 USDT in downline investment and receive 500 USDT
- generate 5000 USDT in downline investment and receive 1000 USDT
- generate 10,000 USDT in downline investment and receive 2500 USDT
Joining UIOT VIP
UIOT VIP affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 8 USDT investment.
UIOT VIP Conclusion
UIOT VIP is yet another “click a button” app Ponzi scheme.
UIOT VIP misappropriates the name and branding of UIOT, a Chinese smart-home device manufacturer.
Needless to say UIOT VIP has nothing to do with UIOT.
UIOT VIP doesn’t bother coming up with a ruse. This makes it a typical “task-based” Ponzi scheme.
The assigned task in UIOT VIP is “orders”. This sees UIOT VIP affiliate investors log in daily to “click a button”.
Clicking the button daily qualifies UIOT VIP investors to receive daily returns.
Beyond that clicking a button inside UIOT VIP does nothing, there is no external revenue. All UIOT VIP does is recycle newly invested funds to pay earlier investors.
Examples of already collapsed “click a button” app Ponzis using the stolen identity ruse are IOI Mall, PixelTap USDT and AI Gemini VIP.
Since 2021 BehindMLM has documented hundreds of “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.
“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.