WTC Cloud Mining fails to offer possession or govt info on its web site.
WTC Cloud Mining’s web site area (“wtccm.com”), was privately registered on April twenty third, 2023.
Regardless of solely present for just a few months, WTC Cloud Mining falsely claims it’s been round since 2018.
As to the place it’s being run from, WTC Cloud Mining claims it’s
headquartered in Texas, USA with places of work in Geneva, Switzerland and Singapore.
If we have a look at WTC Cloud Mining’s web site code, we discover Chinese language:
Thus we are able to rule out WTC Cloud Mining having any ties to the US or Switzerland. Whoever is working it doubtless has ties to China. This usually means Singapore, Hong Kong or the Chinese language mainland.
As at all times, if an MLM firm is just not brazenly upfront about who’s working or owns it, assume lengthy and onerous about becoming a member of and/or handing over any cash.
WTC Cloud Mining’s Merchandise
WTC Cloud Mining has no retailable services or products.
Associates are solely in a position to market WTC Cloud Mining affiliate membership itself.
WTC Cloud Mining’s Compensation Plan
WTC Cloud Mining associates make investments 20 tron (TRX) or extra. That is finished on the promise of a 5% day by day ROI, capped at between 200% to
- make investments 20 to 50,000 TRX and obtain 200%
- make investments 50,000 to 99,999 TRX and obtain 230%
- make investments 100,000 to 199,999 TRX and obtain 250%
- make investments 200,000 to 499,999 TRX and obtain 300%
- make investments 500,000 to 999,999 TRX and obtain 400%
- make investments 1,000,000 TRX or extra and obtain 500%
WTC Cloud Mining pays referral commissions on TRX invested down three ranges of recruitment (unilevel):
- stage 1 (personally recruited associates) – 13%
- stage 2 – 5%
- stage 3 – 3%
WTC Cloud Mining states associates who recruit over 100 buyers will “obtain wealthy additional money rewards”. No particular particulars are offered.
Becoming a member of WTC Cloud Mining
WTC Cloud Mining affiliate membership is free.
Full participation within the hooked up revenue alternative requires a minimal 20 TRX funding.
WTC Cloud Mining Conclusion
For apparent causes, WTC Cloud Mining fails the Ponzi logic check.
With the wholesome growth of the cryptocurrency market, we’ve got created greater than $190 billion in wealth for the three,789 fund corporations we serve up to now few years.
If $190 billion is what WTC Cloud Mining has paid out, meaning they’ve generated $3.8 trillion.
All that cash from a random Chinese language app that launched just a few months in the past. Riiiiiiiiiiiiiiigh…….t.
WTC Cloud Mining is one more “click on a button” app Ponzi scheme.
WTC Cloud Mining’s “click on a button” Ponzi ruse is logging in every day, and clicking a button to obtain a 5% ROI.
There’s supposedly TRX cloud mining happening within the background, which in fact is not sensible. Why would WTC Cloud Mining be offering free entry to their multi-billion greenback mining operations?
In actuality, clicking a button inside WTC Cloud Mining’s app strikes numbers on a display screen round. Precise withdrawals are paid by recycling newly invested funds to pay older buyers.
WTC Cloud Mining is a part of a bunch of “click on a button” app Ponzis which have emerged since late 2021.
Together with WTC Cloud Mining, BehindMLM has up to now documented fifty-six “click on a button” app Ponzis. Most of them final just a few weeks to some months earlier than collapsing.
“Click on a button” app Ponzis disappear by disabling each their web sites and app. This tends to occur with out discover, leaving nearly all of buyers with a loss (inevitable Ponzi math).
The identical group of Chinese language scammers are believed to be behind the “click on a button” app Ponzi plague.
