On its website, Metaverse Wealth Academy does not provide ownership or executive information.
On July 17th, 2022, Metaverse Wealth Academy’s website domain (“metaversewealthacademy.io”) was privately registered.
A girl with a US accent narrates official Metaverse Wealth Academy marketing films.
Violet L. Howard was the person I was able to identify (right).
Howard is one of the two administrators for Metaverse Academy’s private Facebook community.
Vincent Darrell is the other admin:
Howard appears to have gotten his start in MLM about six years ago, with the WorldVentures pyramid scheme.
Howard now promotes MLM crypto frauds alongside Darrell.
The Metafi Yielders Ponzi scam was Darrell and Howard’s most recent swindle.
Metafi Yielders went bankrupt in May 2022. Darrell and Howard have subsequently erased all promotional attempts for their Metafi Yielders.
Almost all of it, anyhow.
Howard is situated in Florida, the United States. Darrell is also thought to be a US citizen and permanent resident.
Continue reading for a comprehensive assessment of the Metaverse Wealth Academy MLM offer.
Products from Metaverse Wealth Academy
Metaverse Wealth Academy does not sell any goods or services.
Affiliates can only promote Metaverse Wealth Academy affiliate membership.
The Compensation Plan of Metaverse Wealth Academy
Affiliates of Metaverse Wealth Academy join up and pay two fees.
Each charge corresponds to a recruiting commission, which is paid when affiliates are recruited directly or indirectly and pay tier joining fees.
“Powerline Autopool” and “Global Autopool” are the two unilevel team commission levels at Metaverse Wealth Academy.
Autopool through Powerline
It costs $60 to join the Powerline Autopool tier.
Powerline Autopool recruitment commissions are distributed according to a one-tiered pay scheme.
In a unilevel compensation system, an affiliate is put at the head of a unilevel team, with every individually recruited affiliate placed right under them (level 1):
If any level 1 affiliates acquire new affiliates, they are assigned to the original affiliate’s unilevel team at level 2.
If any level 2 affiliates recruit new affiliates, they are promoted to level 3, and so on for an unlimited number of levels.
The PowerLine Autopool distributes commissions based on four tiers of unilevel team recruitment:
$30 for level 1 (personally recruited affiliates), $15 for level 2, $9 for level 3, and $6 for level 4.
It costs $50 to join the Global Autopool tier.
A 41 matrix cycler is used to pay out Global Autopool recruitment commissions.
A 41 matrix puts one affiliate at the top of the matrix, with four spots right underneath them.
These four roles are filled when affiliates, both directly and indirectly recruited, pay $50 for Global Autopool employment.
In a 41 matrix, the first three places filled pay $25 apiece. The fourth $25 is used to establish a new position in the Global Autopool matrix.
The procedure is then repeated, paying $25 on the first three places filled and cycling into a new matrix from the fourth.
Joining Metaverse Wealth Academy is a free Metaverse Wealth Academy affiliate membership.
The associated income opportunity costs $60 for the Powerline Autopool and $50 for the Global Autopool to join.
The Metaverse Wealth Academy is powered by the Binance Smart Chain. Cryptocurrency is used to pay fees and commissions.
Conclusion of the Metaverse Wealth Academy
Metaverse Wealth Academy promotes itself by utilizing keywords such as “metaverse,” “financial independence,” and a slew of crypto jargon.
According to the company’s own website, Metaverse Wealth Academy is a straightforward two-tier pyramid scheme:
The user pays the admission fee to already registered users. The sum is dispersed in accordance with the Smart Contract Protocol up to the fourth level above the connected users.
The Global Line Autopool entry amount is paid to previously joined users based on timestamp and recorded on Binance Smart Chain.
The fact that Metaverse Wealth Academy is packed with Metafi Yielders victims makes it worse than a conventional pyramid scheme, which is already biased against participants.
The majority of the money deposited into Metaverse Wealth Academy will be stolen by Violet Howard, Vincent Darrell, and their Metafi Yielders downlines. This is in addition to the $25 deducted from each Global Autopool $50 purchase.
In an attempt to seem compliant, Metaverse Wealth Academy bundles “tools & courses” with affiliate membership:
This makes Metaverse Wealth Academy’s deceptive business model unchanged.
When with other MLM pyramid scams, the swindle will eventually implode as recruiting dries up.
The majority of those who participate in pyramid schemes will lose money.