Vappnet, an online gaming platform, first launched in mid-to-late 2013. The company promised affiliates a percentage of prize money won by customers and other affiliates playing games on its "Vappey" app.
Vappey was promoted as a platform offering both free and paid skill-based games. Tickets for competitions started at $1.00, with prizes including designer handbags, watches, dream trip vacations, cars, and homes. A promotional video highlighted games like "Mega Memory" for skill testing.
The initial launch attempt in 2013 quickly failed. Vappnet disappeared from public view shortly after its debut, only to resurface months later under a new "LaunchV" branding.
The LaunchV website makes no mention of Vappnet's previous attempt. Its name appears only in tiny footer text. The site currently functions as a recruitment capture page, offering few details about the reboot.
Craig Haggard was previously named CEO of Vappnet. His current involvement with the reboot is not clear. The main Vappnet website and Vappey gaming platform require a login and password, remaining inaccessible to the public.
Details about the new LaunchV compensation plan leaked recently, though they are not publicly available now. Vappnet told those who signed up that the full plan would be released "on the last day of our Pre-launch."
The original Vappnet model required affiliates to pay $88 to join, plus a $39.95 monthly autoship fee. The product was gaming tickets, sold at $1 each. Commissions paid 5% of the total ticket volume sold by an affiliate and their downline. Recruitment commissions offered $100 for every five new Vappnet affiliates.
The new compensation plan still includes direct recruitment commissions. It now adds a retail option. Vappey game tickets are now called "credits."
The LaunchV website states something will happen in 19 days from July 1st. It does not clarify if this marks a pre-launch event or the full opportunity relaunch.