World Cryptocurrency 101 (abbreviated as WCC101), provide no information on their website about who owns or runs the business.

Two addressed in Ontario are provided, one a condo in Mississauga and the other a skyscraper in Windsor.

The WCC101 website domain (“wcc101.com”) was registered on March 26th, 2018.

Scott Phounpadith is listed as the owner, through yet another address in Windsor, Ontario.

According to his LinkedIn profile, Phounpadith (right) works as an “Independent Software Developer” for the University of Windsor.

Phounpadith’s Intagram profile cites on of his interests as “crypto”, however I was unable to find any specific MLM history.

Thus it appears WCC101 is Phounpadith’s first MLM venture.

Read on for a full review of the World Cryptocurrency 101 MLM opportunity.

World Cryptocurrency 101 Products

WCC101 has no retailable products, with affiliates only able to market WCC101 affiliate membership itself.

The World Cryptocurrency 101 Compensation Plan

WCC101 affiliates sign up and are paid to recruit new affiliates.

To qualify for commissions, a WCC101 affiliate must sell three WCC101 affiliate memberships.

If a WCC101 affiliate signs up with a $477 membership, their purchase counts as one of the required three qualifying sales.

WCC101 pay recruitment commissions via a binary compensation structure.

A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):

The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).

Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.

Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.

As per the WCC101 compensation plan;

You earn approximately $100 worth of Bitcoin for every Membership sale in the team side with fewer sales.

The target amount is $100 although it does vary slightly because the relationship between USD and BTC fluctuates.

WCC101 pay recruitment commissions daily.

Each affiliate is initially capped at $3000 in daily earnings. However this can be increased to $4500 by recruiting five affiliates on both sides of the binary team (ten in total).

A matching bonus on recruitment commissions is paid out down three levels of recruitment (unilevel):

The first level Matching Bonus of 20% (paid on personally recruited affiliates), requires having at least two personally recruited commission qualified affiliates in your binary team (one on each side).

To qualify for the second level 20% Matching Bonus, you must have four personally recruited commission qualified affiliates in your binary team (two on each side).

To qualify for the third level 10% Matching Bonus, you must have six personally recruited c

🤖 Quick Answer

Who owns and operates World Cryptocurrency 101?
World Cryptocurrency 101 (WCC101) is owned by Scott Phounpadith, registered through an address in Windsor, Ontario. According to his LinkedIn profile, Phounpadith works as an Independent Software Developer for the University of Windsor. The company's domain was registered on March 26th, 2018, marking his first MLM venture.

What addresses are associated with World Cryptocurrency 101?
Two addresses in Ontario are listed on the WCC101 website: a condominium in Mississauga and a skyscraper in Windsor. The owner, Scott Phounpadith, is also associated with a third address in Windsor, Ontario, providing additional business location information.

What is known about Scott Phounpadith's background?
Scott Phounpadith is listed as an Independent Software Developer employed by the University of Windsor

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