VenVici launched in mid 2014 and operate in the mobile app and e-commerce MLM niches.

The company provides no information on its website about who owns or runs it.

The VenVici website domain (“venvici.com”) was registered on January 10th, 2014.

Wang Ai Ping is listed as the owner through an address in Singapore.

The same address is provided on the VenVici website.

Possibly due to language-barriers, I was unable to find any connection between VenVici and Wang Ai Ping.

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.

The VenVici Product Line

VenVici affiliates invest in “Gtokens”, an internal point system used throughout PlayToken.

VenVici describe PlayToken as a “mobile commerce platform”.

Third-party developers provide apps through PlayToken, through which Gtokens can be spent or cashed out ‘
by participation in collaborative campaigns
‘.

VenVici also operates “V-More”, an e-commerce platform through which Gtokens can be spent.

The VenVici Compensation Plan

VenVici affiliates invest in Gtokens, which they can cash out through VenVici itself.

There are a few ways you can monetize the GT.

First, you can participate in our gaming campaigns which reward downloads, game play (yes, you get paid to play games), number of wins etc.

VenVici does not publish the current Gtoken value on their website.

Recruitment Commissions

VenVici pay a 50% referral commission on funds invested by personally recruited affiliates.

Residual Commissions

As far as I can tell VenVici pay referral commissions via a 3xx matrix structure.

The company doesn’t specify how deep the matrix is paid out on but does state they pay 3% to 5% of investment volume generated throughout the matrix daily.

Other Bonuses

Additional Bonuses VenVici compensation material refers to include:

Star Achiever Incentive – “this incentive rewards resellers who have achieved outstanding results by breaking through monthly benchmarks set by the company”

Lifestyle Subsidy Incentive – “this incentive rewards top resellers by providing subsidies on personal luxurious expenditures

Star Achiever Incentive appears to be some sort of rank bonus and the Lifestyle Subsidy Incentive the equivalent of a car bonus (probably not just cars).

Joining VenVici

VenVici do not provide affiliate membership costs on their website.

The compensation plan suggests that a minimum $100 investment in Gtokens is requires to participate in the MLM opportunity.

A $100 investment provides $200 worth of Gtokens. A $1000 investment provides $3000 worth of Gtokens.

Conclusion

VenVici are pretty cagey about their MLM opportunity.

The company doesn’t provide official compensation plan documentation to the public and what is available is pretty vague.

Are we then considered a multi-tiered marketing company?

The answer is NO!

Are we then considered a conventional marketing company?

The answer is still NO!

Bec

🤖 Quick Answer

What is VenVici and when was it established?
VenVici is a mobile app and e-commerce company operating in the MLM sector, launched in mid-2014. The company's website domain was registered on January 10th, 2014, with Wang Ai Ping listed as owner through a Singapore address.

What investment product does VenVici offer to affiliates?
VenVici affiliates invest in "Gtokens," an internal point system utilized within PlayToken, described by the company as a mobile commerce platform designed for transaction facilitation and value exchange.

What transparency issues surround VenVici's ownership structure?
VenVici provides minimal information about its ownership and management on its official website. Despite Wang Ai Ping being listed as owner, no verifiable connection between this individual and the company could be established through available sources.

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