V8 Profit doesn’t reveal any information about the company’s ownership or management.
The domain name “v8profit.com” for V8 Profit’s website was privately registered on March 8th, 2022.
Further investigation finds that V8 Profit marketing identifies “Jaime Sol” as the CEO off-site:
Outside of the promotion for V8 Profit, Jaime Sol does not exist. Further investigation still confirms that is the case since James Sol is portraying Jaime Sol:
Since the vK profile picture shown above was taken in 2016, which is far before the release of V8 Profit, I’m going to assume it’s not a plant.
I couldn’t discover any further information about James Sol.
In any case, vK is Russia’s biggest social network. This is substantial evidence that V8 Profit is connected to Russia.
Always consider joining and/or giving any money to an MLM firm very carefully if it is not transparent about who owns or runs it.
Products from V8 Profits
There are no sellable goods or services offered by V8 Profit.
Only the V8 Profit affiliate membership itself may be promoted by affiliates.
The Compensation Plan for V8 Profit
Bitcoin is invested by V8 Profit affiliates with the assurance of the promised returns:
V40 is a $40 bitcoin investment that returns 0.8 percent for 250 days, or a 300 percent total return. V100 is a $100 bitcoin investment that returns 0.8 percent for 250 days, or a 300 percent total return. V300 is a $300 bitcoin investment that returns 0.8 percent for 250 days, or a 300 percent total return.
V500 offers a return of 300 percent after investing $500 in bitcoin for 250 days at a rate of 0.8 percent.
V1000: Invest $1,000 in bitcoin to earn 1% every day for 300 days, or a 400% overall return on investment.
V8 Profit pays returns from Monday through Friday. V2000: Invest $2000 in bitcoin and receive 1% per day for 300 days or a total ROI of 400%; V4000: Invest $4000 in bitcoin and receive 1.2 percent per day for 300 days or a total ROI of 400%; and V8000: Invest $8000 in bitcoin and receive 1.2 percent per day for 300 days or a total ROI of 400%.
The computation of “total returns” includes MLM commissions in addition to cumulative daily returns.
Reinvestment is necessary to keep earning if the ROI % threshold is reached.
V8 Profits’ MLM division compensates for the recruiting of affiliate investors.
Ranks for V8 Profit Affiliates
The payout structure of V8 Profit has seven affiliate tiers.
They are as follows, along with their respective qualifying standards:
Bronze: earn $1000 in less-than-stellar side binary team investment volume.
Silver – create $3,000 in lower side trading volume for binary teams.
Gold will bring approximately $10,000 less in side binary team investment volume.
Ruby produces $50,000 in side investment volume from a weaker binary team.
Diamond: create $300,000 in side investment volume from a weaker binary team.
Black Diamond: create $1,000,000 in side investment volume from a weaker binary team.
V8 Ambassador: produce $3,000,000 in side investment volume from a weaker binary team.
10% of the bitcoin invested by personally recruited affiliates goes to recruitment commissions V8 Profit affiliates.
Binary compensation is used by Residual Commissions V8 Profit to pay residual commissions.
An affiliate is positioned at the head of a binary team that is divided into two sides (left and right) by a binary remuneration structure:
The binary team’s initial level has two slots. These initial two places are divided into another two positions each to create the second level of the binary team (4 positions).
The binary team is formed in stages, with each stage containing twice as many slots as the preceding stage.
Direct and indirect affiliate recruiting is used to fill positions on the binary team. The depth to which a binary team can expand is unbounded.
Each day’s fresh investment volume on both sides of the binary team is totaled by V8 Profit after the day.
Affiliates are compensated as a proportion of new investments made on the side of their weaker binary team.
The amount of money a V8 Profit affiliate has invested determines the residual commission percentages:
Affiliates in the v40 and v100 tiers are paid a residual commission rate of 6%.
Affiliates in the v300 tier are paid a residual commission rate of 7%.
Affiliates on the v500 tier are paid an 8% residual commission rate.
Affiliates in the v1000 tier are paid a residual commission rate of 9%.
Affiliates in the v2000 tier are paid a residual commission rate of 10%.
Affiliates in the v4000 tier get a residual commission rate of 11%.
Affiliates in the v8000 tier are paid a residual commission rate of 12 percent.
It should be noted that the tier an affiliate has invested at has a cap on daily residual commissions.
The following one-time Rank Achievement Bonuses are given to affiliates that qualify at the Bronze level or above by V8 Profit:
Earn $50 for qualifying at Bronze, $100 for qualifying at Silver, $250 for qualifying at Gold, $5000 for qualifying at Ruby, $1000 for qualifying at Diamond, $5,000 for qualifying at Black Diamond, and $15,000 for qualifying at V8 Ambassador, $50,000
Membership in the V8 Profit V8 Profit affiliate program is free.
The associated income opportunity requires a minimum $40 bitcoin commitment to participate fully.
Withdrawals from V8 Profit are subject to a 5 percent charge and are always made in bitcoin.
V8 Profit Summary
The claim made by V8 Profit is that it is “the only multi-investment platform with 100% proprietary technology.”
We put a lot of effort into the trading, token, and NFT markets.
No further details are given beyond the ambiguous sentence above.
This is so because V8 Profit has nothing to do with trading or NFTs, just like “Jaime Solen.”
V8 Profit is a typical Boris CEO Ponzi scheme. I blame the recent conflict in Ukraine for us not receiving the customary entertaining marketing films.
In any case, new investment is the sole provable source of income entering V8 Profit.
V8 Profit is a Ponzi scam since affiliate withdrawals are paid for with new investments.
As with all MLM Ponzi scams, the fresh investment will cease as soon as affiliate recruiting does.
This will deprive V8 Profit of ROI income, leading to its eventual collapse.
Off-site marketing for V8 Profit refers to a “V8 Token” even though it is not mentioned on the company’s website.
If V8 Token is ever introduced, it will be a warning that V8 Profit is about to implode.
When it comes time to exit the scam, withdrawals will only be permitted using V8 Tokens, with an alternate withdrawal option likely to be made available initially.
The Ponzi scam will eventually be shut down, and we’re sorry for your loss.
Once more, this assumes that V8 Token is released. V8 Profit’s fraudsters may have launched the scheme without doing so.
In any case, the Ponzi scheme logic ensures that the majority of investors lose money.