Weenzee supplies no info on their web site about who owns or runs the enterprise.
The Weenzee web site area (“weenzee.com”) was registered on August fifteenth, 2018.
Mareks Pavlovskis is the registered proprietor, by means of a digital workplace tackle in London, the UK.
Apart from showing on Weenzee’s meaningless UK incorporation data, there is no such thing as a exterior connection between Pavlovskis and Weenzee.
Whether or not Mareks Pavlovskis really exists is unclear.
Perusal of Weenzee’s YouTube channel reveals the corporate initially marketed itself throughout Asia.
Immediately Wenzee’s high sources of web site visitors are Brazil (27%), Iran (13%) and India (4%).
A video titled “Weenzee Grand Opening” on the corporate’s official YouTube channel, purportedly reveals a ceremony held in Berlin, Germany.
This maybe coincides with Weenzee utilizing a German registrar to register their web site area identify.
Weenzee’s “grand opening” video prominently options people with sturdy European accents.
From this one can surmise whoever is operating Weenzee is probably going primarily based out of central or japanese Europe.
As at all times, if an MLM firm will not be brazenly upfront about who’s operating or owns it, assume lengthy and exhausting about becoming a member of and/or handing over any cash.
Weenzee Merchandise
Weenzee has no retailable services or products, with associates solely in a position to market Weenzee affiliate membership itself.
The Weenzee Compensation Plan
Weenzee associates put money into WNZ factors on the promise of an marketed return.
On the time of publication WNZ factors should not publicly tradeable. The interior worth of WNZ factors are set by Weenzee’s house owners.
Weenzee’s admins promote WNZ factors to new traders at regardless of the present inside worth is.
Invested WNZ factors are then parked with Weenzee for between 30 to twelve months.
- make investments WNZ factors for 30 days and obtain a 0.73% day by day ROI
- make investments WNZ factors for 60 days and obtain a 0.88% day by day ROI
- make investments WNZ factors for 90 days and obtain a 0.91% day by day ROI
- make investments WNZ factors for 180 days and obtain a 0.95% day by day ROI
- make investments WNZ factors for twelve months and obtain a 0.99% day by day ROI
Each day return percentages will be elevated through rank development:
- Consumer (enroll and put money into WNZ factors) – base return quantities above
- Consumer+ (make investments no less than $100 and generate $300 or extra from a complete downline of 10 or extra traders) – bonus 1% a day
- WeenA (personally make investments no less than $300 and generate $5000 from a complete downline of 30 or extra traders) – bonus 3% a day
- WeenB (personally make investments no less than $1000 and generate $10,000 from a complete downline of 100 or extra traders) – bonus 5% a day
- WeenC (personally make investments no less than $3000 and generate $100,000 from a complete downline of 1000 or extra traders) – bonus 7% a day
- Chief (personally make investments no less than $10,000 and generate $1,000,000 from a complete downline of 3000 or extra traders) – bonus 10% a day
- Chief Professional (personally make investments no less than $50,000 and generate $10,000,000 from a complete downline of 5000 or extra traders) – bonus 15% a day
- WeenZee (personally make investments no less than $500,000 and generate $100,000,000 from a complete downline of fifty,000 or extra traders) – bonus 20% a day
Referral Commissions
Weenzee pays referral commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel workforce, with each personally recruited affiliate positioned straight below them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel workforce.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Residual commissions are paid as a share of funds invested down eight unilevel workforce ranges.
What number of ranges a Weenzee affiliate earns referral commissions down is set by rank:
- Customers earn 3% on degree 1 (personally recruited associates), 2% on degree 2, and 1% on degree 3
- Consumer+ associates earn 3% on degree 1, 2% on degree 2 and 1% on ranges 3 and 4
- WeenA associates earn 3% on degree 1, 2% on degree 2, 1% on ranges 3 and 4 and 0.5% on degree 5
- WeenB associates earn 5% on degree 1, 3% on degree 2, 1% on ranges 3 and 4 and 0.5% on ranges 5 and 6
- WeenC associates earn 5% on degree 1, 3% on degree 2, 2% on degree 3, 1% on ranges 4 and 5 and 0.5% on ranges 6 and seven
- Leaders and better earn 7% on degree 1, 3% on degree 2, 2% on degree 3, 1% on ranges 4 and 5 and 0.5% on ranges 6 to eight
Becoming a member of Weenzee
Weenzee affiliate membership is tied to an funding in WNZ factors.
There doesn’t seem like a minimal funding quantity.
Conclusion
Weenzee is your typical Ponzi factors MLM scheme.
The corporate claims to generate exterior income by means of “Weenzee AI”.
Weenzee AI exists solely in a CGI advertising video. Weenzee supplies no proof of utilizing exterior income to pay associates.
Moreover Weenzee will not be registered to supply securities in any jurisdiction is solicits funding in, that means the corporate is working illegally worldwide.
Weenzee’s admins generate WNZ factors at little to no price. There isn’t any public buying and selling in order that they set the worth as they see match.
Based mostly on this made up worth, Weenzee’s admins solicit actual funding in trade for nugatory WNZ factors.
Returns are paid in WNZ factors, which once more prices Weenzee admins little to nothing to generate.
On the finish of the funding interval (the place you park your WNZ factors), Weenzee associates money out through the corporate’s inside trade.
Preliminary withdrawals are seeded by Weenzee’s admins (utilizing beforehand invested funds).
The aim in an MLM Ponzi factors scheme nonetheless is to get new traders to straight fund present investor’s withdrawal requests.
These funds are additionally used to pay referral commissions, which rewards Weenzee’s high investor recruiters.
As soon as Weenzee reaches or approached crucial mass, the MLM Ponzi factors exit-scam mannequin will see them discover some dodgy trade to go public on.
That is from Weenzee’s FAQ:
ON WHICH EXCHANGES A COIN LISTING IS PLANNED?
We’re already negotiating with the Asian and European inventory exchanges on the itemizing of the WNZ unit.
Probably the most up-to-date info can be posted with a listing of linked exchanges on the web page “Exchanges” (it’s deliberate in 2019).
The interior hype surrounding this pumps WNZ’s preliminary public worth, permitting the house owners and high traders to money much more out.
WNZ’s public worth then promptly dumps, leaving nearly all of Weenzee affiliate traders bagholding one other nugatory altcoin.
To ensure that Weenzee’s house owners and early associates to steal cash, nearly all of Weenzee’s affiliate traders must lose it.