What is we are all santoshi?
"We Are All Satoshi" (WAAS) appears to be a multi-level marketing (MLM) scheme tied to cryptocurrencies. It operates through the sale and promotion of WAAS tokens, with a focus on recruiting new members. The system rewards affiliates with bonuses and commissions based on the recruitment of others, which is a hallmark of pyramid or Ponzi-style schemes.
Participants are required to lock their investments for 500 days, and the system promises high returns in the form of residual commissions and bonuses depending on recruitment levels. The scheme uses a binary compensation system, where affiliates earn based on the investments of new recruits in their binary team.
