Virtual Currency International Review: PS4 consoles = $1.3 mill ROI?
Virtual Currency International operate in the cryptocurrency MLM niche. The company is headed up by founders Eugen Rosenmeier and Vladimir Galabov.
Prior to founding Virtual Currency International, both Rosenmeier and Galabov were promoting cryptocurrency scams.
Up until mid last year, Eugen Rosenmeier (aka Eugen Krause) was promoting CryptoGold.
CryptoGold affiliates invested up to $3500 in positions. These positions paid a return, supposedly generated via cryptocurrency mining.
CryptoGold provides no evidence on its website of having registered its passive investment opportunity with a securities regulator.
Alexa traffic estimates for the CryptoGold website show a sharp decline throughout the second half of 2018.
The collapse of CryptoGold is what likely prompted the launch of Virtual Currency International in September, 2018.
Vladimir Galabov has promoted a number of MLM Ponzi schemes over the past few years.
Although 2018 was mostly quiet for Galabov until Virtual Currency International’s launch, past Ponzi schemes Galabov has promoted include Cryp Trade Capital, My Paying Crypto Ads, GainBitcoin, FortAdPays and GetProfitAdz.
In its marketing material, Virtual Currency International provides a PO Box corporate address for “Network Planet LTD” in Saint Vincent and the Grenadines.
The marketing material also states Virtual Currency International has “offices are in Sofia, Bulgaria”, but provides no further details.
Saint Vincent and the Grenadines is a known tax-haven. There is no reason for a legitimate company to be operating out of a PO Box there.
On their respective Facebook profiles, Eugen Rosenmeier and Vladimir Galabov state their respective locations as Hessen, Germany and Plovdiv, Bulgaria.
As opposed to Saint Vincent and the Grenadines, Virtual Currency International is very much being operated out of Europe.
Read on for a full review of the Virtual Currency International MLM opportunity.
Virtual Currency International Products
Virtual Currency International has no retailable products or services, with affiliates only able to market Virtual Currency International affiliate membership itself.
The Virtual Currency International Compensation Plan
Virtual Currency International affiliates invest bitcoin on the promise of advertised returns.
Hybrid Packs
Hybrid packs pay a return of up to 1% a day.
- invest $25 and receive a daily ROI for 135 days
- invest $500 and receive a daily ROI for 140 days
- invest $5000 and receive a daily ROI for 150 days
- invest $10,000 and receive a daily ROI for 160 days
Compounding Packs
Compounding Packs pay a fixed return after a set period of time.
- invest $5000 and receive a 145% ROI after 130 days
- invest $15,000 and receive a 150% ROI after 140 days
FX Copy Trading Packs
FX Copy Trading Packs pay a return of up to 1.5% a day.
VCI affiliates invest $1000, $1500, $3500, $7500, $19,000, $40,000 or $85,000 and receive a five-day a week ROI for the life of a subscription.
FX Copy Trading Pack subscription rates are as follows:
- $1000 investment tier = $120 for 3 months, $200 for 6 months or $340 for 12 months
- $1500 investment tier = $180 for 3 months, $300 for 6 months or $500 for 12 months
- $3500 investment tier = $360 for 3 months, $600 for 6 months or $1000 for 12 months
- $7500 investment tier = $720 for 3 months, $1200 for 6 months or $2000 for 12 months
- $19,000 investment tier = $1800 for 3 months, $3000 for 6 months or $5000 for 12 months
- $40,000 investment tier = $3100 for 3 months, $5600 for 6 months or $10,000 for 12 months
- $85,000 investment tier = $6200 for 3 months, $11,200 for 6 months or $20,000 for 12 months
Hardware Packs
Hardware Packs pay a return over 42 months.
- pay a $9 fee, invest $18 and receive a $74.70 ROI after 42 months
- pay a $37 fee, invest $75 and receive a $311.24 ROI after 42 months
- pay a $75 fee, invest $150 and receive a $622.50 ROI after 42 months
- pay a $150 fee, invest $300 and receive a $1245 ROI after 42 months
- pay a $510 fee, invest $1200 and receive a $6660 ROI after 42 months
- pay a $1020 fee, invest $2400 and receive a $13,320 ROI after 42 months
- pay a $5100 fee, invest $12,000 and receive a $66,600 ROI after 42 months
- pay a $10,200 fee, invest $24,000 and receive a $133,200 ROI after 42 months
- pay a $51,000 fee, invest $120,000 and receive a $666,000 ROI after 42 months
- pay a $102,000 fee, invest $240,000 and receive a $1,332,000 ROI after 42 months
VCI Affiliate Ranks
There are ten affiliate ranks within the Virtual Currency International compensation plan.
Along with their respective qualification criteria they are as follows:
- Starter – buy in for at least $9
- Pro – buy in for at least $75 and convince others to invest at least $2500
- Leader – buy in for at least $500 and convince others to invest at least $25,000
- Manager – buy in for at least $1000, recruit and maintain two Pro or higher ranked affiliates and convince others to invest at least $50,000
- Team Manager – buy in for at least $10,000, recruit and maintain two Leader or higher ranked affiliates and convince others to invest at least $250,000
- Director – maintain a minimum $10,000 buy in, recruit and maintain two Manager or higher ranked affiliates and convince others to invest at least $500,000
- President – buy in for at least $20,000, recruit and maintain two Team Manager or higher ranked affiliates and convince others to invest at least $1,000,000
- Diamond – buy in for at least $50,000, recruit and maintain two Director or higher ranked affiliates and convince others to invest at least $6,000,000
- Red Diamond – maintain a minimum $50,000 buy in, recruit and maintain two President or higher ranked affiliates and convince others to invest at least $18,000,000
- Black Diamond – buy in for at least $100,000, recruit and maintain two Diamond or higher ranked affiliates and convince others to invest at least $46,000,000
Recruitment Commissions
VCI affiliates earn recruitment commissions on funds invested by personally recruited affiliates.
How much of a recruitment commission is paid out is determined by how much a VCI affiliate has invested.
- invest up to $499 and receive a 5% recruitment commission rate
- invest $500 to $9,999 and receive a 6% recruitment commission rate
- invest $10,000 or more and receive an 8% recruitment commission rate
Residual Commissions (unilevel)
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
VCI caps payable unilevel team levels at ten.
Residual commissions are paid out as a percentage of funds invested across these ten levels as follows:
- level 1 – 5% to 8% (see “recruitment commissions” above)
- level 2 – 3%
- levels 3 and 4 – 2%
- level 5 – 3%
- level 6 – 2%
- levels 7 to 9 – 1%
- level 10 – 0.5%
How many unilevel team levels a VCI affiliate can earn on is determined by rank:
- Starter to Manager – levels 1 to 4
- Team Manager – levels 1 to 5
- Director – levels 1 to 6
- President – levels 1 to 7
- Diamond – levels 1 to 8
- Red Diamond – levels 1 to 9
- Black Diamond – levels 1 to 10
Residual Commissions (binary)
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.
Residual binary commissions are paid whenever $500 in invested funds is matched on both sides of the binary team.
One $500 match is referred to as a “cycle”.
How many cycles a VCI affiliate can earn each day in residual binary commissions is determined by rank:
- Starter – up to 10 residual binary commission cycles a day
- Pro – up to 12 residual binary commission cycles a day
- Leader – up to 15 residual binary commission cycles a day
- Manager – up to 18 residual binary commission cycles a day
- Team Manager – up to 20 residual binary commission cycles a day
- Director – up to 30 residual binary commission cycles a day
- President – up to 35 residual binary commission cycles a day
- Diamond – up to 40 residual binary commission cycles a day
- Red Diamond – up to 50 residual binary commission cycles a day
- Black Diamond – up to 60 residual binary commission cycles a day
Matching Bonus
The Matching Bonus is a 10% match paid on residual binary cycle commissions.
Using the same unilevel compensation structure residual unilevel commissions are paid out with, a VCI affiliate can earn the Matching Bonus on up to ten unilevel team levels.
- Starter to Leader – no matching bonus
- Manager – matching bonus paid on up to four unilevel team levels
- Team Manager – matching bonus paid on up to five unilevel team levels
- Director – matching bonus paid on up to six unilevel team levels
- President – matching bonus paid on up to seven unilevel team levels
- Diamond – matching bonus paid on up to eight unilevel team levels
- Red Diamond – matching bonus paid on up to nine unilevel team levels
- Black Diamond – – matching bonus paid on up to ten unilevel team levels
Joining Virtual Currency International
VCI affiliate membership starts off free with a minimum $9 buy in and $18 investment.
At the top end VCI charges affiliates $102,000 plus a $240,000 investment.
The more a VCI affiliate invests, the higher their income potential via the compensation plan.
Note that all payments within VCI (both paid and received) are made in bitcoin.
Conclusion
Having participated in various MLM cryptocurrency Ponzi schemes, Eugen Rosenmeier and Vladimir Galabov have launched their own.
The ruse behind VCI’s returns is e-gaming and trading.
We invest in up to 4 different markets. Crypto, Forex, Futures
and commodities.We use AI and experienced traders, who trade since 2003.
So let’s bust open the e-gaming ruse first.
VCI incorrectly uses the term “e-gaming” to refer to cloud gaming.
In their marketing material, VCI claim to have invested in “over 22,500” Playstation 4 consoles.
Something something, affiliates invest and are paid a return.
Here’s why this is bullshit:
Sony already has its own Playstation cloud streaming service, called Playstation Now. This service has been around for a while and has nothing to do with VCI.
More importantly, it is the only cloud gaming service available on the Playstation Network (PSN).
So what are VCI’s Playstation 4 consoles hooked up to?
Having ruled out the PSN, hooking them up to anything would require a custom OS.
That is possible through a since-patched firmware exploit. But beyond running simple homebrew software, isn’t particularly useful.
Certainly as far as running a cloud gaming service on console hardware, such to extent you’d be able to offer a $1,332,000 ROI on a $342,000 investment.
I could go on about how self-contained consoles are not what an actual cloud gaming server farm looks like, but it’s a moot point.
The onus is on Virtual Currency International to provide potential investors with disclosure regarding their alleged cloud gaming services.
Which they don’t.
With respect to VCI’s trading claims; Two Ponzi scamming schmucks woke up one day and decided they’d market themselves as trading experts?
Please.
VCI’s trading claims are as legitimate as their e-gaming ruse.
Nonetheless if logic isn’t enough for you, feel free to ask VCI why the company nor its principals are registered with BaFin (Germany) or the Financial Supervision Commission (Bulgaria).
In its marketing material, VCI claims to have investors in “70 nations”. The company provides no evidence of it having registered its passive investment opportunity in any of them.
This is important two-fold;
- Firstly VCI can’t operate legally without having registered itself; and
- doing so would require them to be transparent about external ROI revenue generation.
In a hilarious attempt at pseudo-compliance, VCI pretends it isn’t offering its affiliates an investment opportunity:
Riiiiiiiiiiiiiiight.
So why has VCI opted to operate illegally the world over?
As it stands, the only verifiable source of revenue entering VCI is new investment.
Using new investment to pay existing affiliate investors a return makes Virtual Currency International a Ponzi scheme.
As with all Ponzi schemes, once new investment dries up so too will the returns.
This will prompt a collapse, resulting in the majority of VCI affiliates losing money.
Every single Ponzi scheme Eugen Rosenmeier and Vladimir Galabov have promoted over the years has collapsed. VCI won’t play out any differently.