VelocityToken describes itself as a decentralized self-regulated peer-to-peer network. According to the website, their motto is speed, hence the name Velocity. The Velocity Token is an ERC-20 token created on the Ethereum blockchain. It can be transferred from person to person faster than Bitcoin.
It is a fully decentralized network and all transactions are anonymous. Their goal is to create a platform that is easy to use and where investors can create a bright future for themselves. The lending platform is based on artificial intelligence, market pattern recognition and trading bots.’
However, Velocity Token has no information on their website about who owns or runs it. The Velocity Token website domain (“velocitytoken.io”) was privately registered on December 21st, 2017.
Velocity Token does not have retail-able products or services making affiliates only able to market Velocity Token affiliate membership .Velocity Token affiliates purchase VTN points from the company’s anonymous owners then the VTN points are sold to Velocity Token affiliates for 50 cents to $1.50 each. To access, register or login to Velocity Token website, click the link below.
Velocity Token affiliate membership is free but free affiliates can only earn referral commissions. Full participation in the Velocity Token MLM opportunity requires a minimum of $100 investment.
Velocity Token has no other means of income except the revenue entering Velocity Token from newly invested funds and using newly invested funds to pay existing affiliates a daily ROI makes Velocity Token a Ponzi scheme. So once there are no new affiliates, the ROI drys up and the anonymous admins pull up the remaining funds and then shut down or will in say wind up.