Experience Points XP Mining Return On Investment
However we can milk this one out and get some fat gains on xp cryptocurrency also known as experience.
Gain Bitcoin provide no information on their website about who owns or runs the business. The Gain Bitcoin website domain (“gainbitcoin.com”) was on March 26th, 2013. Mark Lee is listed as the owner, with an address in Singapore also provided. Other than a suspiciously empty LinkedIn profile that credits Lee as CEO of Gain Bitcoin, there is no information available that ties him to the company. Of note is Mark Lee’s location of New Delhi, India on his LinkedIn profile. It is highly unlikely the CEO of a Singapore company would be based in India.
It is also highly likely that Mark Lee, as represented in the Gain Bitcoin domain registration, doesn’t actually exist. The Gain Bitcoin Terms and Conditions state the company belongs to the Singapore company VariableTech PTE LTD. Things get even more murky upon consideration of a “Team and Company Information”, which links to a PDF file about Amaze Mining and Research LTD. In addition to Gain Bitcoin, VariableTech also run The Bitex.
We provide flagship Bitcoin related services in the field of exchange, cloud mining, eCommerce, utility payments across different countries in Asia. Amazing Mining and Research LTD claim on their website that they have ‘ produced up to 200% yearly returns on the investment in Alt-coin Mining‘.
Amazing Mining and Research is headed up by CEO Amit Bhardwaj (right), who is based out of India. An since deleted Gain Bitcoin marketing video featuring Amit Bhardwaj published earlier this year was. In the video Bhardwaj touts a 10% monthly ROI through Gain Bitcoin. Why Bhardwaj is not openly credited as the owner of Gain Bitcoin, which very much appears to be an Indian operation with no ties to Singapore, is unclear. As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money. Gain Bitcoin Products Gain Bitcoin has no retailable products or services, with affiliates only able to market Gain Bitcoin affiliate membership itself.
The Gain Bitcoin Compensation Plan Gain Bitcoin affiliates invest in bitcoin mining packages that pay a 10% monthly ROI for 18 months (180% ROI). • Basic Plan – invest 1 BTC and receive 10% a month for 18 months (1.8 BTC) • Amaze A3 – invest 4.85 BTC and receive 10% a month for 18 months (8.73 BTC) • Amaze A5 – invest 13.75 BTC and receive 10% a month for 18 months (24.75 BTC) A direct referral commission of 5% is paid out when personally recruited affiliates invest. Cpu Dash DASH Mining Software. Residual Commissions Gain Bitcoin pay residual commissions via a binary compensation structure. A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right): The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions). Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Gain Bitcoin pay an 8% commission per new investment package matched on both sides of the binary team.
Anybody who took a glance at Experience Points (XP) over the summer time is undoubtedly questioning how the venture grew from a tiny US$350,000 market cap to over 1,000 occasions that. XP is presently buying and selling at about 1/5 of a penny, and sits at rank #61 on CoinMarketCap.com. Experience Points, which first launched in 2016 and was relaunched this previous summer time, is harking back to cash launched in 2014 and 2015. In comparison with these cash, the one actual distinctions XP supplies are its mining algorithm, distribution charges, and whole provide. XP does present an attention-grabbing method to Proof-of-Stake, giving small holders a better PoS fee than massive balances. Past that, XP doesn’t actually supply something. There have been a number of initiatives by group members: a faucet, a recreation, and a retailer.
The shop permits customers to buy XP present playing cards from locations akin to Steam. Nevertheless, the XP prices of those playing cards are, at least presently, very inflated. A $20 Steam present card prices 36,000 XP, which is $72. The sport, which pays gamers in XP, barely works. It’s a easy match’em recreation, the place gamers allegedly earn extra XP for attaining greater scores. Nevertheless, items usually fail to fall after matches are accomplished, creating an unplayable board full of holes. It might be attainable to earn a number of XP, however the recreation breaks so shortly that incomes a couple of XP per play is unattainable.
What’s extra, the sport mines Monero utilizing coinhive whilst you play. In the long run, you’re really paying to play a damaged recreation. Fortuitously, the tap does seem to work. You need to use it to obtain 5 to 50 XP each eight hours. Items usually fail to fall, inflicting many empty areas and an unplayable board. Whereas the XP staff claims plugin will quickly exist to permit recreation builders to implement XP, no present developments have been revealed.
Within the preliminary reboot announcement, there have been numerous milestones on the highway map that ought to have been accomplished already. That thread has since been locked, and a brand new reboot announcement thread was created, with later dates listed. With zero substance behind the venture, it’s illogical to assume that this coin’s development has been pure in any approach. The coin is primarily traded on Coinexchange.io, which has constructed a repute as a playground for market manipulators. The alternate has made it clear it doesn’t thoughts bots forging quantity or manipulating costs.
Due to this, Experience Points is a powerful candidate for an enormous pump and dump. Different proof that signifies foul play is Binance’s coin of the month competitors. On this competitors, customers of the alternate can vote for his or her favourite coin to be added to the alternate. When voting opened this morning, XP immediately obtained over 600 votes, which suggests some closely coordinated botting exercise, as there isn’t any main group in place to elucidate the large assist.
Experience Points has lower than 200 followers on Instagram, beneath 400 subscribers on YouTube, simply over 400 subscribers on Reddit, and 350 members of its Fb group (of these, 324 joined inside the previous month). There are numerous customers on Discord, however that may be attributed to common Discord customers exploring the most well-liked international channels. With just some minutes of analysis, it’s clear that this venture is pure vaporware. Sadly, some unfortunate consumers have helped contribute to this huge dump. Dogecoin DOGE Minning Hardware. Anybody who unknowingly invested in XP inside the previous few days will certainly get burned.