{"id":16661,"date":"2020-08-27T10:22:39","date_gmt":"2020-08-27T16:22:39","guid":{"rendered":"http:\/\/money-news-online.com\/blog\/?p=16661"},"modified":"2020-10-09T11:58:39","modified_gmt":"2020-10-09T17:58:39","slug":"27-08-2020-vevoledger-review-and-daily-news-from-the-hyip-industry","status":"publish","type":"post","link":"https:\/\/money-news-online.com\/blog\/2020\/08\/27\/27-08-2020-vevoledger-review-and-daily-news-from-the-hyip-industry\/","title":{"rendered":"27\/08\/2020. VevoLedger Review and Daily News from the HYIP Industry"},"content":{"rendered":"

Beware! VevoLedger has stopped paying! Do not invest there!<\/strong><\/p>\n

Hello all, and welcome again to the MNO blog<\/a> for all the latest happenings in the HYIP industry! As another business week continues and the summer begins to cool down we have a bit to catch up on in today\u2019s news but especially I\u2019ll be starting first with VevoLedger<\/a>, another new name that was added to the Premium List<\/a> shortly after it was launched last weekend. You might remember I already introduced VevoLedger<\/a> in my last post, but now I\u2019ve had the time to check everything out in more detail I can go through it all a bit more thoroughly for you today. With August almost at an end here now I can’t help but feel optimistic that it also signals the start of a new season for the wider HYIP industry that will be more successful this time around. The appetite is definitely there for it according to admins and investors alike who have contacted me, so I do hope VevoLedger<\/a> is a springboard for bigger and better things for all of us. Let\u2019s see what it\u2019s all about then and whether you think VevoLedger<\/a> might be worth taking a shot at or not.
\n\"VevoLedger\"<\/a>
\nFirst of all I suppose it\u2019s fair to describe VevoLedger<\/a> as a short to mid term style HYIP. There\u2019s a good number of investment plans in VevoLedger<\/a> all of which fall somewhere in length between two to eleven weeks, so you don’t really have to wait too long before seeing your first profit. But to start with an entry level deposit in VevoLedger<\/a> you will need a $25 minimum<\/strong>. Somewhat above the industry average I suppose, but but pretty much what most of the regular players would be starting out with anyway. VevoLedger<\/a> works with both traditional dollar based payment handlers as well as with crypto-currencies, so there\u2019s plenty of choice in that regard. I\u2019ll go through them all for you in a moment, but the best place to start is to see what the investment offers are first.<\/p>\n

The most basic and affordable offer from VevoLedger<\/a>, therefore I’m assuming it may well turn out to be the most popular, is called The Beginner Plan<\/strong><\/em>. An entry level deposit costs a $25 minimum, and the term runs for 15 business days<\/strong> which is three full weeks. You may deposit anything up to a $300 maximum, and in return receive a daily interest payment, made Monday to Friday, of 1.2%<\/strong>. This adds up to 18%<\/strong> in total, which then becomes your net profit once VevoLedger<\/a> return your principal<\/strong> on expiry.<\/p>\n

A simple financial example then might look like this. Say you spend $100 in the plan. VevoLedger<\/a> pay you back $1.20 every business day for the following three weeks until you accumulate $18 in total. Your initial hundred is then added to that leaving you with $118 in return for your investment. Quite easy really!<\/p>\n

The next step up from that is called The Standard Plan<\/strong> <\/em>which will set you back a $400 minimum if you wish to join. In a similar vein to the previous option VevoLedger<\/a> are offering daily interest payments on business days only, Monday to Friday, with the term stretching to 25 business days<\/strong> (five full weeks) and the interest rate improving to 2%<\/strong> daily. Therefore by the time you receive your final payment you will have earned 50%<\/strong> back from your investment, which then becomes net profit once VevoLedger<\/a> return your principal<\/strong> as promised. The maximum amount you may invest is capped at $10,000.<\/p>\n

VevoLedger<\/a> take a slight change of direction for their third investment offer, known as The Maestro Plan<\/strong><\/em>. The main difference for this one is that investors already have their principals factored into significantly higher daily interest payments so there is no need to request it back on expiry of the term. You will need at least $700 to join, and in return VevoLedger<\/a> offer you 7% interest <\/strong>per day for 20 business days<\/strong> (four weeks). That allows you to reach the break-even point, i.e. earn back an amount equal to your investment therefore making it impossible to lose any of your own money after 15 payments, after that it’s all passive net profit. You complete the term with a 140% return<\/strong>, or your own money plus 40% profit<\/strong>. VevoLedger<\/a> have an upper limit of again $10,000 on this plan.<\/p>\n

Plan number four reverts back to the previous method of lower interest rates and principal back on expiry. It’s called The Symphony Plan<\/strong><\/em> and the VevoLedger<\/a> admin is asking for a $500 minimum before you can join. The operational term runs for 35 business days<\/strong> (seven weeks) during which VevoLedger<\/a> members can expect a daily payment of 2.5%<\/strong> interest made between Monday and Friday. That eventually becomes 87.5%<\/strong> in total, which is your final net profit once your initial principal gets returned<\/strong>. The maximum spending limit is capped once again at $10,000. However I would have to advise you to ignore this plan, or at the very least point out that there is a certain case to be made against it, and I shall explain why below.<\/p>\n

The reason for this is that the next plan is open to deposits within the exact same margins, i.e. a $500 minimum up to a $10,000 upper limit. So, consequently it’s going to cost you the same amount to join but puts you into a bigger profit in a shorter space of time for more or less the same personal financial risk. It’s called The Ensemble Plan<\/strong><\/em> (I myself have joined this one) and runs for 45 business days<\/strong> (nine full weeks). Here VevoLedger<\/a> offer members a daily payment of 3%<\/strong> interest, Monday to Friday, and your principal returned on expiry. That gives you a total net profit of 135% on top of your initial investment being returned<\/strong>. Crucially however is the fact that you will have already earned 105% interest (therefore a small profit even) when 35 days into the 45 day term. In the previous plan for the very same size investment you are only at 87.5% and not in profit until you see your principal returned. OK, I can see at least one argument in favor of The Symphony Plan<\/em> over The Ensemble Plan<\/em> in the sense that you get out with a still respectable profit ten days earlier and therefore not have the continued risk during that time. But then is that really why you join HYIPs? If not to maximize your earnings and see the biggest return from the smallest investment then why?<\/p>\n

Prices go up a bit for The Virtuoso Plan<\/strong><\/em> with VevoLedger<\/a> asking for a $700 minimum spend in order to join. The running time is 55 business days<\/strong> (eleven weeks) during which members can earn 4%<\/strong> interest per day, Monday to Friday. That’s 220% in net profit and your principal added<\/strong> to that at the end. It’s an expensive option for most readers but if you do happen to be a risk taker then the break-even point comes relatively early into the term after just 25 from 55 payments. Again VevoLedger<\/a> have a maximum spending limit of $10,000.<\/p>\n

The final option for you is called The Overture Plan<\/strong><\/em> and changes direction completely. For one thing the investment term is cut way back to 15 calendar days<\/strong>, and please pay attention that I did say calendar days for this one and not business days like all the others. You can invest anything from a $500 minimum up to a $10,000 maximum. In return VevoLedger<\/a> offer you one single payment on expiry of 130%<\/strong>, principal included. That makes it your own money back plus 30% net profit<\/strong> combined into one lump sum.<\/p>\n

So, plenty of plans in there to choose from though of course not all of them are going to be suitable for everyone. Then there are other ways to earn from VevoLedger<\/a> aside from spending money on investments. I’m talking here about their so-called Bounty Program<\/em> where existing members are given a financial incentive to promote the business online using various social media networks. It’s even suggested you could earn as much as $500 a time, though to be honest it isn’t very clear as to exactly what you would have to do to get a payment quite that big. The basic rate starts from $2 for instance, and can be for things as simple as promoting VevoLedger<\/a> on Twitter. In this case payments hinge on how many followers you have and how many re-tweets you can get. It’s a similar set-up with Facebook promotions, and creating videos for YouTube and Vimeo. I know not everyone is adept at networking in this manner, but as it costs nothing to try it won’t hurt to give it a go. The rules are explained in the relevant section on the VevoLedger<\/a> website.<\/p>\n

Once you do find a plan in there that you like then the next thing you need to know is what your payment options are. For anyone who prefers the more traditional style third party payment handlers to move money from one place to another VevoLedger<\/a> accept PerfectMoney and Payeer<\/strong>. If you prefer the direct approach and want to pay directly with a cryptocurrency then BitCoin, Ethereum, and LiteCoin<\/strong> are your alternatives. Payments are made manually and need to be requested by members from inside their VevoLedger<\/a> account areas. Withdrawals tend to be fast based on my own experience with the program, however you are asked to allow up to as much as 24 hours for all transactions to be completed<\/strong> which I think is perfectly reasonable from the admin. Smaller investors need to be aware that the minimum to withdraw via PerfectMoney and Payeer is set to $1 while cryptocurrencies need a $10 minimum, so keep that in mind when deciding what payment processor to use.<\/p>\n

Moving on to some of the more technical aspects of the VevoLedger<\/a> website now such as design and security, to the best of my knowledge it\u2019s being powered off a custom made script developed from scratch especially for the program. Or at least if it isn’t then it’s something you wouldn’t see in routine use in the HYIP industry. I\u2019m sure a lot of the longer term industry players will appreciate this as requiring more computing skills and generally associated with a higher calibre program where the admin is less reliant on outside help if he needs to make any changes and improvements. It\u2019s still very much an uncomplicated and user friendly website despite this. The site is hosted on a dedicated and DDoS protected server by CloudFlare who are also providing an extra layer of site safety VevoLedger<\/a> with their own SSL encryption certificate for safer browsing and more secure transactions. To further protect your account and personal details members are asked to create a one-time password of their own choosing which will later be required if you need to make any changes there. The VevoLedger<\/a> domain name is registered for three years in advance which although not a guarantee of such a long lifespan is nevertheless something that investors might admire.<\/p>\n

Any further questions you think weren\u2019t covered in this review or account related issues that need to be dealt with can be submitted via a couple of different channels. If after reading the FAQ section (which is extensive and the first thing you should be checking anyway) you still haven\u2019t found what you are looking for then the first point of contact should be the program\u2019s Live Chat support. You’ll see the icon for that in the bottom right hand corner of the VevoLedger<\/a> website. If you don\u2019t find an operator there you can fill in your details on the online customer support form and submit it via the VevoLedger<\/a> contacts page. Alternatively you can write directly to the e-mail address listed on the same page. A postal address is included but as ever I would say this can safely be dismissed as a registration and virtual office space used for VevoLedger<\/a>‘s incorporation as a company in the UK. In fact you can view the details of their certificate on the VevoLedger<\/a> website. This is something commonplace among HYIPs for a number of years now but not somewhere you would find anyone with the program physically located. Far more beneficial in my own opinion anyway is the use of social media sites where you can connect with VevoLedger<\/a> using the likes of Facebook and Telegram. By the way, keeping an eye on their news section will go a long way towards keeping up to date with what’s going on there too.<\/p>\n

To finish then as I think I\u2019ve covered just about everything else you might need to know about whether VevoLedger<\/a> is suitable for you are not, you just need to remember you are still in the HYIP industry with all the possible risks and rewards that go with it. Officially VevoLedger<\/a> claim to be involved with \u201cinvestments\u201d and rather vaguely just leave it at that without much follow-up information as to exactly that might entail. You can choose to believe what ever you want here, as long as you remember that no matter what really happens it still gives no guarantee of success or profitability. As with everything else that in the HYIP industry, VevoLedger<\/a> is deserving of the same level of caution as every other program. Set yourself a sensible spending limit that you can comfortably afford to lose if things go wrong, and if joining VevoLedger<\/a> at all then try and keep them as a smaller part of a wider more diverse portfolio.<\/p>\n

At this stage I know a lot of you will probably have come to a decision one way or another about joining VevoLedger<\/a> or passing on it to wait for something else. Perhaps you wouldn\u2019t mind sharing your thoughts on that with your fellow MNO readers? Please vote in the following poll which as always remains completely anonymous and untraceable. It\u2019s not really the immediate results that are all that interesting, rather looking back much later when we see a more definitive picture of the program\u2019s fortunes, good or bad, to see how many people made the correct judgment call. So:<\/p>\n

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Will you make an active deposit in VevoLedger<\/a>?<\/strong><\/p>