Wealth Vault Crypto Finance Review: Three-tier matrix cycler
Wealth Vault Crypto Finance provide no information about who owns or runs the company on their website.
The Wealth Vault Crypto Finance website domain (“mywvcf.com”) was first registered on February 20th, 2016. The registration details were last updated on Febuary 19th, 2017.
Dusty Williams is listed as the owner of the Wealth Vault Crypto Finance domain. A residential address in the US state of Colorado is also provided.
Who is Dusty Williams? No idea. But the official Wealth Vault Crypto Finance Facebook group was created by LaCrisha Wallace on June 14th.
Back then it was “Wolverine Crypto Finance”.
LaCrisha Wallace (right) first popped up on BehindMLM’s radar in 2016, as admin of the Matrix Madness cash gifting scheme.
Recent Wallace has been promoting the Lets Multiply, BitFund ZA and Hidden Gem bitcoin gifting scams.
Read on for a full review of the Wealth Vault Crypto Finance MLM opportunity.
Wealth Vault Crypto Finance Products
Wealth Vault Crypto Finance has no retailable products or services, with affiliates only able to market Wealth Vault Crypto Finance affiliate membership itself.
The Wealth Vault Crypto Finance Compensation Plan
Wealth Vault Crypto Finance affiliates purchase $25 positions in a three-tier matrix cycler.
The company doesn’t disclose the size of the matrices they use in the cycler, only payouts received when each matrix is filled.
In a matrix cycler positions are filled when existing and newly recruited affiliates purchase positions.
Upon filling each of Wealth Vault Crypto Finance’s three cycler tiers, the following commissions are paid out:
- Matrix 1 (positions cost $25) – $60 commission when filled
- Matrix 2 (positions cost $50) – $135 commission when filled
- Matrix 3 (positions cost $100) – $270 commission when filled
Wealth Vault Crypt Finance marketing states that there are “automated re entries” at each level but doesn’t go into further details.
Joining Wealth Vault Crypto Finance
Wealth Vault Crypto Finance affiliate membership is tied to a minimum $100 matrix cycler position purchase.
Conclusion
The original Wealth Vault Crypto Finance was a $100 three-tier matrix cycler. It appears to have collapsed after barely a few weeks, with the current model launched a few days ago.
Regardless of the cost to participate, a matrix cycler is still a matrix cycler.
Wealth Vault Crypto Finance operates as a Ponzi scheme, paying existing affiliates with funds invested by subsequently recruited affiliates.
New position purchases are tied to affiliate recruitment, adding an additional pyramid layer to the scheme.
As with all such cycler scams, once affiliate recruitment dies down so too will matrix position purchases.
This will see Wealth Vault Crypto Finance’s cycler tiers stall, eventually prompting a collapse.
When a cycler collapses the majority of affiliates lose money, most of which is attached to uncycled positions and kept by the admin.