#SAFU🙏 We’ve noticed a new website trending in daily interactions: “ecomintdefi.com”
Our Advice: Stay Away! It's a classic ponzi designed to steal your funds.
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#BTC #ETH #TrendingTopic #Web3
Concerning Facts:
They claim to be the “a decentralized finance (DeFi) project that aims to provide a platform for users to invest their USDT (BEP20) and earn returns through a unique investment structure”.
They also claim that the project “operates on a decentralized network of nodes, ensuring transparency, security, and efficiency”.
Links on the site are broken eg: Social Media links
Red Flags:
The site requires you first purchase a starting package(100-500$) with a 20% upfront payment and the remaining in 72 hours.
They promise a 1% ROI from that registration amount.
They have a caveat that you have to withdraw your funds in 15 days but deposit 20% first before you can withdraw a total of 115%.
You are also required to build upto 9 levels of the team via referrals.
There is supposedly a 1-5% income from each level built.
They have additional gimmicks such as Manager Ranking, Royalty Income, Global pool income that promises 2-10% of the turnover if you cross certain business thresholds.
Reviewing all the information, it looks like income is only generated via incoming members.
The scheme will fall flat as soon as incoming members dry up.
Associated Contract:
0x48caf8a5f0f32Df78135b5455626f5579bd46882
This has all the hallmarks of a scam promising very high returns but never actually providing any.
Always #DYOR! Do not buy into projects that seem to promise unbelievable rewards!!
