This article is syndicated automatically through a third-party agency from LyoScam.com.
To view the original article at LyoScam.com, you can visit https://lyoscam.com/wewe-global-lyopay-and-lyofi-are-crypto-ponzi-schemes/.
WeWe Global claims to be operating to make crypto acceptable worldwide. The website of the company, WeWe.Global states that you should invest as much money as possible to change your life and gain financial freedom.
The company claims to be a decentralized platform where users can get the maximum benefits of crypto. It is important to review WeWe Global in detail to determine whether you should invest in the company.
Overview of WeWe Global
WeWe Global is marketing itself as a comprehensive crypto ecosystem that provides various shopping and travel vouchers. Moreover, the company is using its virtual token to conduct transactions and provide profits.
However, these WEWEX Tokens currently do not hold any significant value in the crypto market. Therefore, even if you get these tokens, they will not be useful.
Registration Fee of WeWe
Like most Ponzi schemes, WeWe has no retail products or services. Instead, the company is relying on investment from the affiliates. WeWe.Global encourages users to invest as much money as they can.
Every affiliate must pay the fee of $10, along with investing an amount between $100 to $7500 in the WEWEX tokens. Moreover, the company is also charging a $1 maintenance fee every month. This shows that the company is taking a significant amount of fees from the affiliates.
WeWe.Global provides the following breakdown of the investment packages: 1. MegaNode Package, in which you must invest $100 to get 100 WEWEX Tokens.
2. GigaNode Package, in which you have to invest $300 to get 300 WEWEX Tokens.
3. TeraNode Package, in which you have to invest $500 to get 500 WEWEX Tokens.
4. PetaNode Package: You have to invest $1500 to get 1500 WEWEX Tokens.
5. ExaNode Package: You have to invest $3500 to get 3500 WEWEX Tokens.
6. ZetaNode Package, in which you have to invest $7500 to get 7500 WEWEX Tokens.
According to this structure, the company claims that one WEWEX Token equals $1. However, in the real crypto market, this token does not hold any value, so you should be extremely careful while investing in this company.
Income Structure of WeWe Global
WeWe Global promises to return to the affiliates and expects them to invest money into the company. WEWEX tokens are staked in the company. Moreover, the website clarifies that the company will withhold 30% of the promised daily profits if you want to generate any profits.
You will be getting profits in the form of WEWEX tokens. According to WeWe.Global, there are a total of 21 affiliate ranks in the company. Some of them are:
- Affiliate Rank, for which you have to register and buy WEWEX tokens.
- Beginner Rank for which you have to hire at least one affiliate.
- Junior Rank, for which you must hire at least two or more affiliates and make them invest in the company too.
- Senior Rank for which you have to hire at least two or more affiliates and make them invest in the company too.
- You must hire at least three or more affiliates for Junior Director Rank.
- Director 1 Star Rank for which you have to hire at least four or more affiliates.
- Director 2 Star Rank, for which you must generate at least $800 by recruiting people.
- Director 4 Star Rank for which you must hire at least five or more affiliates and make them invest in the company too.
- Director 4 Star Rank, for which you must generate $2000 by recruiting affiliates.
- Director 5 Star, for which you have to hire at least ten or more affiliates.
This entire income structure shows that the company expects its affiliate to reinvest in the company and hire as many people as possible. However, it would be best if you remember that you would be getting profits in WEWEX tokens that do not have any value in the crypto industry.
WeWe.Global also promises bonuses and commissions like Infinity Bonus and Best Performer Bonus. All of these commissions rely on affiliates hiring more and more people for the company.
Features of WeWe Global
WeWe Global claims to have several features to convince people about its legitimacy and get their investment. It is important to review these features to determine whether you should invest in the company.
Modern Crypto Investment
WeWe.Global states that once you invest in the company, you will get access to various Blockchain and crypto coins. Moreover, the company claims that you will learn how to use such tools and technologies to get various benefits.
Yet, the website does not provide significant details about such crypto tools and technologies. The company may be making false claims to attract more investment.
WeWe Global claims you can use its crypto tokens in various e-commerce platforms and booking websites. However, it does not provide the names of any of these platforms accepting WEWEX Tokens. This makes the entire company highly suspicious.
Send and Receive Money
WeWe.Global states that you can send and receive money anywhere in the world by investing in the company. There is no proof behind this feature because it is unclear whether you can cash out the WEWE Tokens.
Neither Safe nor Secure
WeWe.Global is presenting the company as a well-established name in the crypto industry. It claims you can fully trust the platform because it uses modern crypto technology to make the crypto processes safe and secure.
However, it is a new platform that is unlikely to have access to modern and efficient crypto security systems and procedures.
This discussion about WeWe Global aims to point out that it is a traditional crypto Ponzi scheme. The company only makes tall claims about participating in various crypto trading and mining processes.
However, the company’s business model shows that it is entirely relying on investment from the affiliates. WeWe.Global does not seem to have any source of external revenue. Therefore, the company can collapse anytime due to a lack of recruitment.
You should also consider that there is no information available about the company’s owner or the team behind the platform. It is unclear who runs WeWe Global, so you cannot fully rely on it.
The internal token of the company, WEWEX Tokens, does not have any value in the crypto industry. Therefore, even if you earn some of these tokens, you cannot cash out the profits. In other words, you cannot profit significantly from the company.
WEWE Global seems to be an untrustworthy company which appears to be operating an international email phishing scam. They impersonate Amazon, Norton Internet Security, Facebook, McAfee, and Microsoft, among many others, in their emails. I received 200+ emails in one day; fortunately, I checked the sender’s email, which had been hidden as “Amazon.com”, and saw the email originated from [email protected] I also quickly searched online and found this is happening to thousands, maybe millions, of people worldwide.
I have tried stopping the emails, but their unsubscribe link does not work, and flagging them as junk does not work either.
I have never had a reason to use WEWE Global, and I hope never to have the unfortunate need to. While writing this review, I received six emails telling me McAfee software is outdated.
Check the comment section below for additional information, share what you know, or ask a question about this article by leaving a comment below.
The views and opinions expressed in these articles are those of the source RepDigger.com and do not necessarily reflect the official position of ‘Cyber Combat,’ which shall not be held liable for any inaccuracies presented. The information provided within this article is for general informational purposes only. While we try to keep the information up-to-date and correct, there are no representations or warranties, express or implied, about the completeness, accuracy, reliability, suitability or availability of the information in this article for any purpose.
This article is syndicated automatically through a third-party agency from RepDigger.com.
To view the original article at RepDigger.com, you can visit https://repdigger.com/reviews/lyopay/wewe-global-lyopay-and-lyofi-are-crypto-ponzi-schemes-wewe-global-review-2023-updated/.