VidiLook: MLM Ponzi Scam Lead to Financial Loss and Harm for Individuals? Exposed (Update 2024)
VidiLook is a dangerous Ponzi scam you should avoid investing with. It has all the red flags of a conventional MLM scam.
The following review will help you understand why you should avoid investing with them:
On its website, VidiLook omits to list ownership and executive details.
What VidiLook claims
KC Company and Sequoia Capital made a strategic investment in a blockchain media startup.
The technology-based business, which was established in Silicon Valley, USA, focuses on “blockchain + advertising new media.”
While Sequoia Capital is a legitimate American venture financing business, I have no idea what KC Company is. It has nothing to do with VidiLook, as expected.
The website and promotional materials for VidiLook are the only places where Sequoia Capital’s investment is mentioned.
Despite having its headquarters in the US Silicon Valley, VidiLook has a mobile app available for download on its website.
VidiLook and Dubai are connected by the Android app download link:
Alibaba is the owner of the website domain “aliyuncs.com”. This shows that whoever is in charge of VidiLook has connections to Asia and may be based in Dubai.
Further supporting this is a job posting on Naukri Gulf posted 4 days ago:
Although anyone might have placed this job listing, it does indicate that VidiLook is in Dubai. Jovia D’souza, who claims to be an HR executive at VidiLook, posted the advertisement.
It’s uncertain whether D’souza is a real person or not (I was unable to confirm the name).
Similar VidiLook classified has been posted to other sites:
Non-native English speakers who operate businesses tend to communicate in this manner.
I came across numerous references to Sam Lee and his StableDAO Ponzi scheme when investigating VidiLook.
Instead of claiming Lee and StableDAO are behind VidiLook, presenters are cautious to portray it as some type of partnership between Lee and KC Business.
Non-native English speakers who operate businesses tend to communicate in this manner.
I came across numerous references to Sam Lee and his StableDAO Ponzi scheme when investigating VidiLook.
Instead of claiming Lee and StableDAO are behind VidiLook, presenters are cautious to portray it as some type of partnership between Lee and KC Business.
Here are a few examples;
On a StableDAO February 17th webinar, COO Garrett Blakeslee stated;
VidiLook will be the next opportunity we are launching. We have created multiple investments for people to get into which can generate some great daily returns.
The host of these StableDAO/VidiLook webinars, “Gobi,” claims to be a StableDAO “leader” from the UK.
As a StableDAO leader, Gobi claims he “speaks to Sam twenty times a day”.
I don’t buy the pretense. VidiLook undoubtedly belongs to StableDAO. That indicates that Sam Lee and his friends are in charge.
Who knows whether those buddies are Chinese con artists?
HyperCash was the first target of Lee’s earlier HyperTech Ponzi scams in China before they extended to other countries. VidiLook is probably experiencing the same issue once more.
Ryan Xu, Lee’s accomplice in crime at HyperTech, hasn’t been seen in more than a year. Xu has close ties to China and was last seen hiding out in Dubai.
Sam Lee went to Dubai in 2021 while his HyperFund Ponzi scam was getting off, tying into VidiLook being run from Dubai.
Late in 2021, HyperFund failed, which led to the debut of Hyperverse. After launch, Hyperverse almost quickly started to collapse.
After HypeFund failed, Lee disappeared. In late 2022, he made a public comeback to promote his StableDAO Ponzi scheme.
That Lee fled to and is based out of Dubai is no coincidence. Dubai is the MLM crime capital of the world.
Dubai’s BehindMLM rules are as follows:
1. Anybody who approaches you with an MLM opportunity and claims to be from Dubai is trying to con you.
2. It’s a scam if an MLM business claims to be based in Dubai or to have connections there.
Continue reading for a thorough explanation of how this relates to Trust Your Universe.
For a thorough analysis of VidiLook’s MLM opportunity, keep reading.
Items from VidiLook
There are no resaleable goods or services offered by VidiLook. Only the actual VidiLook affiliate membership itself may be promoted by affiliates.
VidiLook’s Compensation Plan
Affiliates of this MLM scam download the app. They watch advertisements through the app and daily spend 15 cents on VDL tokens.
Affiliates of VidiLook may also contribute cash to the business directly. On the promise of advertised returns, this is done:
1-Star: Make a 50 USD investment to receive 3% daily interest up to $200 in VDL.
2-Star: Invest 150 USDT and get 3% daily interest up to $450 in VDL.
3-Star: Invest $500 USDT and get 3% daily interest up to $2000 in VDL.
4-Star: Invest $1500 USDT and get 3% daily interest up to $7500 in VDL.
Keep in mind that VidiLook pays returns in VDL even though USDT is invested. To pay out, affiliates must use the company to convert their VDL into USDT.
The MLM side of VidiLook pays for the recruitment of affiliate investors.
Their Affiliate Ranks
The pay structure of VidiLook has five affiliate ranks.
They are as follows, along with their respective qualification standards:
- Affiliate: register as a VidiLook affiliate Novice: find ten affiliates who have collectively made at least 7,000 USDT.
- Recruit three affiliates with a Novice ranking for Intermediate.
- Recruit three affiliates with the Intermediate rank.
- Recruit three affiliates with an Advanced ranking, expert.
Referral Commissions
The USDT that personally recruited affiliates invest earns commissions for VidiLook affiliates.
Tiered referral commissions are determined by personal investment and hiring standards:
- Invest at the 3-Star or 4-Star levels, bring on one affiliate, and get 10% on affiliate referrals.
- Keep your investment at three or four stars, bring on two affiliates, and get a 15% referral commission.
- Keep your investment at a 3- or 4-Star level, bring on three affiliates, and get a 20% referral commission.
- Keep your investment at a 3- or 4-Star level, add four affiliates, and get a 25% referral commission.
- Keep your investment at a 3- or 4-Star level, bring in five affiliates, and get a 30% referral commission.
Residual Commissions
The company pays residual commissions down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 15%
- level 2 – 5%
- level 3 – 3%
Note that residual commissions are paid as a percentage of ROI revenue generated, not invested USDT.
ROI Match
Affiliates at lower levels and inexperienced levels receive a percentage match on the daily returns given to their downline.
- Affiliates with low rankings receive a 3% daily ROI match.
- Affiliates with a middle rank get a 6% daily ROI match.
- Affiliates with a high ranking receive a daily ROI match of 9%.
- Affiliates with expert rankings are paid a 12% daily ROI match.
VDL Match
Affiliates with more experience and higher rankings receive a portion of the VDL owned by their downline.
- Affiliates with lower rankings receive a daily 0.1% VDL match.
- Affiliates with a middle-ranking receive a daily VDL match of 0.2%.
- Affiliates with higher rankings receive a daily 0.3% VDL match.
- Expert-ranked affiliates receive a daily VDL margin of 0.4%.
Joining VDL
It costs nothing to become an affiliate member of this MLM scam.
The linked income opportunity demands a minimum initial investment of USDT 50 to be fully participated in.
Conclusion
The second StableDAO Ponzi offshoot to start is VidiLook. Sam Lee’s strategy appears to include StableOpinion and the resurrection of dormant Ponzi schemes from the 2000s.
Ponzi schemes in advertisements are nothing new. Though it fizzled out when crypto frauds took over as the standard MLM Ponzi scheme, like many other Ponzi hoax areas.
Lee is replicating these obsolete niches with StableOpinion and VidiLook, but with blockchain
False claims have been made about partnerships with multibillion-dollar advertising firms.
Paying people to view or click advertisements is against the terms of service for every reputable advertising platform on the planet, as anyone even vaguely knowledgeable about digital advertising will inform you.
Notwithstanding that, this scam is here pretending to be affiliated with several businesses that it is not.
The logic of VidiLook’s Ponzi scheme worsens when the attached investment possibility is taken into account.
Be paid by advertisers by watching adverts. Well, it’s bunk, but that’s part of the Ponzi scheme.
So why on earth does this MLM scam permit affiliates to directly invest, and worse yet, pretend that it is connected to their “watch ads, get paid” scam in advertising?
The reason is that investment is the only verified source of income entering VidiLook.
The invested money is changed into worthless VDL and the scam uses this to provide monopoly money returns.
Only when VidiLook permits affiliates to withdraw their invested assets is cashing out feasible.
Once that tap is shut off, it’s over (refer to every prior Ponzi collapse).
