V-One, whose domain (v-one.io) was registered on 30th October 2017, has kept all the information about the person registering the domain as private. Furthermore, the company has not provided any information on the website about the person running the company.
I was able to find a link to the company’s Facebook account which is been linked to Lucas Santino. The account was created on 30th November 2017 and the Lucas account on Facebook is created on 26th November. There is no appearance of Lucas out of V-One which makes this company suspicious. It is likely that Lucas does not exist outside the company’s account.
As far as I have researched, I was not able to find any verifiable products apart from the affiliate recruitment program. You can join the affiliate program for free and can earn the referral commission. However, to get the full participation, you are required to invest at least $100.
Like many companies, V-One is not transparent about its founders and background which is dubious, and individuals should refrain from investing into such a company that is not true to its investors.
V-One – Compensation Plan
The investors are provided VONE points for the funds that they invest into the company.
- Plan 1: You need to invest $100 – $1000 for receiving 0.35% daily ROI for 199 days which calculates for 69.65%
- Plan 2: You need to invest $1010 – $5000 for receiving 0.45% daily ROI for 179 days which calculates for 80.55%
- Plan 3: You need to invest $5010 – $10,000 for receiving 0.65% daily ROI for 129 days which calculates for 83.85%
- Plan 4: You need to invest $10,010 – $100,000 for receiving 1.1% daily ROI for 99 days which calculates for 108.9%
This is not all. The company also provides the profit shares to its affiliates. This is done to pay the affiliates an additional profit on the amount they have invested at the initial stage. VONE points in addition to the profit share is supposed to surpass the amount initially put into the affiliate program.
V-ONE – Referral Program
The funds invested by the new affiliates are paid to the existing one. The commission depends on the amount of funds invested by the downlines. The commission are capped to the 3rd level.
- Level 1: 5%
- Level 2: 3%
- Level 3: 1%
V-One – ICO
The first ICO began with pre-ICO which was valued at $0.10 per token. However, I could not gather information about those who participated in this pre ICO and where it happened. Another fact is that the company made its formal accouchement in late November. But, the company flaunts that it has already sold 6.1 million tokens at this token sale. Later, the tokens were priced for $1 which is 10 times the previous price.
The second stage ICO started on 10th December with 2.1 million tokens and third stage started on 20th December with again 2.1 million tokens at $1.50 each. There are bonuses that the company is offering.
However, the company refuses to talk about the internal processes and how they are managing these tokens and what are the sources.
Amy: The company is great. I made a lot of profit.
Tim M: I am lucky to discover about the company. I am positive about the results.
Conclusions from the above reviews
The reviews are small and do not suggest how much profit was made or how they invested. It would be advisable not to get into any assumptions, before checking more reviews on the platform. I was not able to get much reviews as the company has started new. I will try to keep you posted after I get more insight about the company and the feedback from other users.
By that time, we cannot make investments by trusting these unidentified reviews.
V-one seems nothing but another investment scam. Although, the company claims to have a lending system in place, but the higher interest rates are not justified. The company has not revealed the identities of those who are borrowing money at such a high interest rate and why.
The company V-One offering VONE points are just smoke outside the platform. It is again an attempt from the ambiguous owners to scam people with worthless altcoin token scam. I could not find any practical usage of these points into the supply and demand chain.
The company also promises for an ICO value of $70 after the launch of the platform when it started with just $0.10. This cannot be possible through a legal approach and signals that the company is a sure shot scam.
The claims to provide daily ROI worth 1% is working as the icing on the cake of pump and dump scam. Without showcasing a business model or a vision for future prospects, how can a company be trusted for going a long way. On top of that, they have no distinguished team to work for their vision, if they even come up with that part.
The company is using the new affiliates money to pay the existing ones, without having any other verifiable source of income apart from affiliate recruitment program, which makes it a Ponzi Scheme.
As per the claims, of being an investment opportunity, I tried to find them listed on the SEC database. But, couldn’t find it at all. This is a lucid indication that something is cooking, and it’s not legit.
Once, the company is able to attract investors, they can buy the altcoin script and would get listed through the exchanges which have loop holes in their operation. Afterwards, they would continue to pay the affiliates until the minimum amount is reached. Finally, they would leave majority of affiliates without money.
The owners will shut down the platform and would run with the balance left. This is how a classic Ponzi Scheme works and soon V-One would be seen showing the similar trends.