500% ROI bitcoin Ponzi scheme

World Wide Wallet Investment Limited, abbreviated as WW3INV, fails to provide company ownership or executive information on its website.

W3INV’s website domain (“w3inv.com”), was privately registered on April 20th, 2021. A visit to the Wayback Machine suggests W3INV launched in late 2021.

In an attempt to appear legitimate, W3INV provides UK incorporation details for World Wide Wallet Investment Limited.

An MLM company operating or claiming to operate out of the UK is a red flag.

UK incorporation is dirt cheap and effectively unregulated. On top of that the FCA, the UK’s top financial regulator, do not actively regulate MLM related securities fraud.

As a result the UK is a favored jurisdiction for scammers looking to incorporate, operate and promote fraudulent companies.

For the purpose of MLM due-diligence, incorporation in the UK or registration with the FCA is meaningless.

At time of publication Alexa ranks Bangladesh as the only notable source of traffic to W3INV’s website (93%).

This is high enough to suggest whoever is running W3INV is in or has ties to Bangladesh.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

World Wide Wallet Investment’s Products

W3INV has no retailable products or services.

Affiliates are only able to market W3INV affiliate membership itself.

World Wide Wallet Investment’s Compensation Plan

W3INV affiliates invest bitcoin on the promise of advertised returns.

W3INV solicits investment in bitcoin USD equivalents across six tiers:

  1. invest $10 to $100,000 and receive 135% over 30 days
  2. invest $100 to $500 and receive 109% over 10 days
  3. invest $501 to $1500 and receive 150% over 15 days
  4. invest $1501 to $5000 and receive 200% over 20 days
  5. invest $5001 to $10,000 and receive 300% over 30 days
  6. invest $10,001 to $100,000 and receive 500% over 40 days

W3INV pays referral commissions on invested bitcoin down three levels of recruitment (unilevel):

Referral commission rates are determined by the highest tier a W3INV affiliate has invested in:

  • invest at tiers 1 to 3 and receive 5% on level 1 (personally recruited affiliates), 2% on level 2 and 1% on level 3
  • invest at tier 4 and receive 6% on level 1, 2% on level 2 and 1% on level 3
  • invest at tier 5 and receive 7% on level 1, 2% on level 2 and 1% on level 3
  • invest at tier 6 and receive 8% on level 1, 2% on level 2 and 1% on level 3

Joining World Wide Wallet Investment

W3INV affiliate membership appears to be free.

Full participation in the attached income opportunity requires a minimum  $10 investment in bitcoin.

World Wide Wallet Investment Conclusion

W3INV represents it generates external revenue via cryptocurrency mining.

World Wide Wallet Investment Limited Company is a team of professionals and an online platform for generating income from investing in cryptocurrency mining.

There is no evidence of W3INV engaging in cryptocurrency mining, or any other form of external revenue generation.

Furthermore W3INV’s business model fails the Ponzi logic test.

Simply put, anyone capable of legitimately generating a consistent 500% every 40 days isn’t selling you access for $10.

As it stands the only verifiable source of revenue entering W3INV is new investment.

Using new investment to pay returns of up to 500% makes W3INV a Ponzi scheme.

As with all MLM Ponzi schemes, once recruitment dries up so too will new investment.

This will starve W3INV of ROI revenue, eventually prompting a collapse.

The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.