I was introduced to Vizionary a couple of months ago, but didn’t know much about it, other than the fact that it was an MLM that involved cryptocurrency.
I finally put together this Vizionary review after some extensive research, so that you too can have a better understanding of what all the fuss is about.
You also might want to get your currency calculator out because everything done on this site is with EUR and not USD.
For what it’s worth, I put together this review so that those of you that are confused with this can get a better understanding before you invest in something just because one of your buddies wouldn’t stoop bugging you about it.
What Exactly is Vizionary?
Multilevel marketing. MLM that doesn’t have an actual product, but rather a crypto currency called Capricoin, that they are marketing as their product of choice.
Vizionary was founded by Frode Berg, who was actually involved in several other scams called Globe Games and T6 Poker, which both are no longer active.
He also got his start with another MLM called Ausante, which was also declared as being another fraud. Once a scammer always a scammer? Hmmm…
So What is Capricoin?
Remember the Bitcoin that made a couple of instant millionaires? This is one of the new sites that are using digital currency as a way to market a multilevel marketing business.
There are other companies like UFUN that uses the UToken, which is just another MLM trying to use the hype that bitcoin brought into the online world.
So yeah, Capricoin is nothing more than a digital currency, which can be used to purchase products online as well as some actual stores out there.
Who This is for
Anyone interested in multilevel marketing or those looking for a way to make money online so they can possibly quit their job.
Okay I take that back. This is for anyone looking for false hope and a way to lose their friends and family due to their crazy recruiting tactics of the latest and greatest way to make money from home.
There is no fancy product like Kyani that you can use to give to your friends, so I don’t see how this is even a business.
Like I said earlier, there is no tangible product linked to this site. I would like to give you my thoughts on all this digital currency and cryptocurrency type stuff that has gotten everyone thinking they’re going to become the next Bitcoin millionaire.
My Thoughts on Digital Currency
There is all this talk about how the world will soon be using nothing but digital currency and how we need to get in on it or we’ll lose out.
Can someone tell me how you obtain any type of cryptocurrency or digital currency? Through the Fiat currency! Once again, this is nothing but hype to get you to join the latest and greatest cryptocurrency MLM scheme.
With all the hype and brainwashing that was being done through these crazy videos, I actually thought that digital currency will actually take over the world.
Ten seconds later, I got off the cloud and realized that people are paying REAL money to get this digital currency, so what in the world are they really trying to tell us?
Nothing. That is what they are trying to tell us. Just like any MLM out there, the ultimate goal is to get someone to signup under you, so that you too can build your nice little pyramid.
The Compensation Plan
I used to be a big fan of these until I created my own online business. For what it’s worth to you, here is a quick breakdown of what you will get if Joe signs Jill and Jill signs Pete.
There are four associate levels within the Vizionary Comp plan:
Bronze – 97 EUR
Silver – 297 EUR
Gold – 897 EUR
Platinum – 2897 EUR
Just like any other MLM you’ve ever heard of, the comp plan is ran off of recruiting. For your recruiting efforts, you can expect to make the following.
Bronze Affiliate – 9.70 EUR
Silver Affiliate – 29.70 EUR
Gold Affiliate – 89.70 EUR
Platinum Affiliate – 289.70 EUR
There are ways to increase your earnings through their “momentum bonus” which can be obtained by getting your downline to upgrade within a 7 day period.
All this means is that you will have to do more crazy recruiting to get them to purchase a higher level so that you can make more money.
This is not the best compensation plan out there, but without one of these, you wouldn’t have a “multi” level marketing business.
There is a lot more nonsense that comes with their compensation plan, so you might want to check it out here. because boy there is just too much information.
How Much it will Cost to Join Vizionary
Just to get started it is going to cost you 97 EUR, but can go up to 2987 EUR. Of course you would purchase these higher packages so that you can earn more money.
Bronze – 97 EUR
Silver – 297 EUR
Gold – 897 EUR
Platinum – 2897 EUR
for every EUR, it is equivalent to $1.09, so as you can see, it is not going to be no chump change to join Vizionary, so please proceed with caution.
Pros & Cons
- Can make you money
- Is MLM
- Ran by a scammer
- No actual product
- No guarantees
- Requires recruiting
- Is a pyramid style business
- Very pricey
Final Opinion of Vizionary
Not your best bet to making money from home or online. I barely recommend any MLM even if they have products and you really think I’d tell you to get involved with something that doesn’t even at least have some type of fancy lotion?
That’s just not how things work my friend and that is why MLM will never beat affiliate marketing. Not a fan of this hype and I don’t see this going longer than a year.
The owner was already apart of some scams in the past and I don’t think you can really look past that. Of course the brainwashed members will say otherwise, just because they already put money into this.
At a Glance
Owner: Frode Berg
Price: 97 EUR (minimum)
Overall Rating: Not Recommended
Flat out, these types of things are not for everyone. Whether you like it or not, this type of stuff is not going to make you the money you think you are going to make.
So is Vizionary a Scam?
If I was to call this a scam then that would mean that I’d have to say that Amway and others that have been around for many, many years are a scam, but that’s not the case.
However, I don’t see anything legit about this either. This is nothing but hype and will not be your key to financial success.
I’ll leave the scam part up to you. Do you think this is a scam? I can’t speak for everyone and we are all entitled to our opinions until we see the outcome of this program, which we should be seeing here soon.
What I Really Think
Don’t do it. I can’t recommend anything that can’t promise you to be successful. I’m tired of members of any and every MLM talking about how it takes work and determination to make it, when that’s not the real problem.
The problem with them is the fact that you can’t really tell where they are headed. Some last for years and some flop within months.
With a pyramid style model, (scam or not) you can’t blame anyone for calling this a scam. I really don’t see this going that far and it looks like it’s headed in the same direction as UFUN, which tried to bank off of the hype that Bitcoin brought.
If you are really looking to start your own online business, you need to checkout programs like the Wealthy Affiliate. This is one of the few legit ways to make money online and you will definitely be better off building your own business rather than building your up-line’s pockets.
Thanks for reading my review of Vizionary and hopefully I have given you a better understanding of what this program can do for you (or not).
Just like every other MLM, its members are going to defend it like it’s the best thing since sliced bread so I’ll be waiting for it. Why is this not a scam?