WTC Cloud Mining fails to offer possession or govt data 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 a couple of 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 take a look at WTC Cloud Mining’s web site code, we discover Chinese language:
Thus we will rule out WTC Cloud Mining having any ties to the US or Switzerland. Whoever is operating it possible has ties to China. This usually means Singapore, Hong Kong or the Chinese language mainland.
As at all times, if an MLM firm isn’t overtly upfront about who’s operating or owns it, suppose lengthy and exhausting 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 achieved on the promise of a 5% each 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):
- degree 1 (personally recruited associates) – 13%
- degree 2 – 5%
- degree 3 – 3%
WTC Cloud Mining states associates who recruit over 100 traders will “obtain wealthy further money rewards”. No particular particulars are supplied.
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 take a look at.
With the wholesome growth of the cryptocurrency market, we now have created greater than $190 billion in wealth for the three,789 fund firms we serve prior to now few years.
If $190 billion is what WTC Cloud Mining has paid out, which means they’ve generated $3.8 trillion.
All that cash from a random Chinese language app that launched a couple of 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 occurring within the background, which after all is unnecessary. 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 round. Precise withdrawals are paid by recycling newly invested funds to pay older traders.
WTC Cloud Mining is a part of a gaggle of “click on a button” app Ponzis which have emerged since late 2021.
Together with WTC Cloud Mining, BehindMLM has to date documented fifty-six “click on a button” app Ponzis. Most of them final a couple of 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 the vast majority of traders 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.