Vela is a private arrangement between its administrator and invited members. Funds pooled by members are used to place bets on football matches using the FK prediction system. The pool is not a bank, investment firm, or regulated financial service.
Participation is entirely voluntary and by personal invitation. No public solicitation is made.
Participation involves real financial risk. The value of your shares can go down as well as up. You may receive less than you deposited depending on when you exit and how the pool has performed.
Only participate with funds you can afford to have at risk.
Deposits are accepted in USDT (TRC20) or Nigerian Naira via bank transfer. Minimum deposit is $25 USD or the NGN equivalent at the current rate. Deposits are confirmed manually by the pool administrator within 24 hours of receipt.
Once confirmed, shares are issued at the current share price. Deposit amounts are non-refundable except through the normal exit process.
Your participation is represented by shares in the pool. The share price moves based on betting outcomes only — wins increase the price, losses decrease it. New deposits and partner exits do not affect the share price.
Shares have no value outside the Vela pool and cannot be transferred to another person.
You may request to exit at any time. Exits are processed manually by the administrator within 24–48 hours of your request.
Fees apply to profit only, never to your principal deposit. If the share price has fallen below your entry price, you receive the current value with no additional fee.
Each member receives a personal invite code upon joining. You may share this code with individuals you trust. You are responsible for who you invite. The administrator reserves the right to suspend any account at any time.
You are responsible for keeping your login credentials and PIN secure. Do not share your password or PIN with anyone. The administrator will never ask for your password.
If you suspect unauthorised access to your account, contact the administrator immediately via WhatsApp.
You are responsible for providing accurate USDT wallet addresses and bank account details for payouts. The administrator is not liable for funds sent to incorrect details provided by the member.
The administrator may update these terms at any time. Continued participation after notice of a change constitutes acceptance. Fee structures may be adjusted with prior notice to all members.
Participation in Vela does not create an employer-employee, partnership, or formal investment relationship. This is a private arrangement between consenting adults. No legal entity is formed.
Any disputes arising from participation in Vela will be resolved informally between the parties. Nigerian law applies where applicable.
For any questions or concerns, contact the administrator via WhatsApp. Details are available in the app.
Vela Club is a separate subscription product from the Vela investment pool. Club members do not deposit capital and do not hold shares in the pool.
Vela Club is a monthly subscription service. Members pay a fixed monthly fee in exchange for a share of weekly profits generated by the FK betting system. Membership does not represent an investment, deposit, equity stake, or loan. No capital is deposited or placed at risk by the member beyond the subscription fee itself.
The Club is not a collective investment scheme, fund, or regulated financial product. It is a private profit-sharing arrangement between the operator and consenting adult subscribers.
Fees are charged monthly in advance. The available tiers and fees are:
100% of subscription fees are added to the Club's trading capital. Fees fund the betting pool that generates distributions. Fees are non-refundable once a distribution cycle has begun.
Weekly distributions are paid from net pool profits only. No distribution is made in weeks where the FK system generates a net loss. The distribution formula is:
Distributions are subject to a weekly cap equal to 37.5% of the member's monthly fee, and a monthly cap of 150% of the monthly fee at base (with referral bonuses applied on top). Surplus above the cap stays in the pool capital, compounding future stakes and payouts.
Distributions are processed every Monday for the prior week's settled games. Payout is made to the member's nominated method within 48 hours of processing.
Each member's weekly earnings cap is determined by their tier and the number of active referrals they have brought to the Club:
A referral is active when the referred member has an active subscription. If a referral cancels, the cap adjusts immediately at the next distribution cycle. There is no limit on the number of referrals a member can make. Referral bonuses are personal and non-transferable.
Distributions depend entirely on the performance of the FK betting system. In weeks where bets lose, no distribution is paid. The subscription fee is the only financial commitment — members cannot lose more than their monthly fee. Past performance does not guarantee future results. The operator makes no guarantee of any minimum return.
Members may cancel at any time from their dashboard. Cancellation takes effect at the end of the current billing month. Distributions earned before cancellation remain payable. No partial-month refunds are provided.
The operator may suspend a Club membership at any time for breach of these terms, fraudulent activity, or at the operator's sole discretion. Suspended members receive no distributions during suspension. Fees paid for suspended periods are forfeited.
The Club's trading capital, weekly game results, and distribution history are displayed on the public pool page (pool.html) and in each member's dashboard. Members can verify their distributions against published per-unit figures at any time.
The operator may change tier fees, cap structures, or distribution rules with 14 days' notice to active members. Continued subscription after notice constitutes acceptance. Members who do not accept changes may cancel without penalty within the notice period.