Is it even possible to offer 10% daily reward? - page 2.

EarnOnVictor

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Quote from: NFTmark52200 on January 22, 2024, 11:17:42 AM

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

I don't care what this project you are talking about is, all I care about is that it looks like HYIP which has never worked in the long run before. The 10% daily reward means 100% rewards in 10 days, and a sure amount of 1000% in 100 days, which is also the same as making x10 returns on your money in barely 3 months. My friend, flee for your money, this looks like a scam.

Strangely, the brains behind this scheme could start by paying people so that they can build trust and more people are being tricked into joining the programs, but in the end, they will take people's money away and disappear into the thin air. If good projects that are popular are not capable of doing things like that, do not entrust your money to unpopular projects in which the people behind them are not even known.

KingsDen

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Quote from: NFTmark52200 on January 22, 2024, 11:17:42 AM

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

I don't know how people staked over 40 Million PIE tokens on this very new platform.

Please share your honest suggestion, i already have faced alot in new projects on BSC chain.

https://applepies.co

10% monthly is still fearful to embark. Maybe 10% monthly is the standard
Don't be decieved by the number of pie token staked in any platform. That was how early bitcoin owners lost all their BTC
When it is so good to be true, maybe consider to run
If I have a genuine business model that guarantees 10% daily, I'll just go take loan and become suddenly wealthy

Quote from: Luffygroove on January 23, 2024, 07:46:14 AM

If you think it's something too good to be true, then probably it is. It's kind of fishy how a platform or project could give you a ten percent daily reward. Please don't get trapped in this kind of Ponzy scheme, because even in the crypto space, where you can get rich in one night, this offer seems to make no sense. However, please read carefully the whitepaper and always be diligent; don't get sorry just because you follow a wrong suggestion from other people. You have to decide it for yourself to get a satisfying result.

There are many characteristics of Ponzi scheme in OP. At first they will make you stake your coins, such that there will be more deposit than withdrawal in order to make such system going.
Secondly, they will have a referral system that will keep bringing new people (the potential victims), and keep rewarding older members.

Adbitco

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Quote from: NFTmark52200 on January 22, 2024, 11:17:42 AM

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

The question you should ask yourself is that are you convinced enough to believe that 10 percent on a daily reward is real?
Naturally there is no sign of realistic in this statement because if such percent is being offered then multiplied by total numbers of people who interact with this site and you think they can be able to afford that to investors?
No, they can't so to me it's purely scam, I think have came across someone talking about this project that they've been around for 2 years now apple pie I believe so.. Yes got it you can look read various comments from people over here "Can we consider a project legitimate if it has been in existence for two years?"

Luffygroove

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If you think it's something too good to be true, then probably it is. It's kind of fishy how a platform or project could give you a ten percent daily reward. Please don't get trapped in this kind of Ponzy scheme, because even in the crypto space, where you can get rich in one night, this offer seems to make no sense. However, please read carefully the whitepaper and always be diligent; don't get sorry just because you follow a wrong suggestion from other people. You have to decide it for yourself to get a satisfying result.

peter0425

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Quote from: NFTmark52200 on January 22, 2024, 11:17:42 AM

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

I don't know how people staked over 40 Million PIE tokens on this very new platform.

Please share your honest suggestion, i already have faced alot in new projects on BSC chain.

https://applepies.co

If it is good to be true then it is surely scam specially in crypto space where promises are tend to be broken lol.

10% daily reward? if this is true for sure that Even Elon Musk will invest all His assets and funds just to earn double in 10 days time and can make it 300 percent profit in 1 month , do you really understand what you are asking here since you are sounding smart person, unless you are part of the shilling team of this one?

Kelvinid

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Is the project already making a profit? If not, then we wonder where they could get funds for the rewards (daily) and I doubted how they sustain running the business in a situation like that. Therefore, we could say that it was a scam project and try to trick people into thinking it was real. Even without doing any background check of the project, that 10% daily reward definitely can't happen in real. I already encountered some projects offering huge rewards but none of them fulfilled their promise. I'd rather invest in projects that just offers small shared than in projects like this.

arjunmujay

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reading the members' comments here, it seems like everyone is very pessimistic and says it's impossible to happen. Maybe that answers OP's question and can broaden the insight of other members who might be tempted by an offer like that.
regardless of the project, it is important to read the roadmap and the entire project. including who the developers and whitepapers are so they don't fall into scam projects.

Miles2006

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Firstly you mentioned that the platform is new and if I may ask how did this platform generate this kind of money within a twinkle of an eye, sometimes the things we hear about new site should be taken for granted, this offer sounds too good to be real. I think you should avoid such silly offers and focus on bitcoin to grow your investment plan if you really want to invest but if you're looking for a free offer you'll be a victim of those ponzi scheme we see online.
Make your research first and despite the fact they're looking for investors and they still want their site to grow there's another motive attach to this offer and I can never believe such

Strongkored

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Quote from: NFTmark52200 on January 22, 2024, 11:17:42 AM

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

I think it depends on the reward given if the form is in the project token then it is very possible but the next question is whether this token is on the exchange? and also how big the trading volume is, if it is on the exchange but the volume is very low then token holders will still have difficulty selling so the token will just be parked in the wallet without being able to be converted into something more profitable, so this will still be a scam project, so investors have to be smart in judging and don't just be tempted by the percentage of rewards promised

JeffBrad12

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its some random token they just probably pull the reward out of their minted coin and call it a day, the APY is totally useless and unreflective at this point. there are many similar altcoin offerring skyrocket apy but we all know by the time we get the reward it would be useless since the coin value might also be gone.
thats why you should do diligent research before hand to see whether it will suits your needs, whether its worth it, and whether its not scam because honestly right now if yous ee many dex they always offer massive APY and that can be fishy, if you're not so sure then its better just to stick with the popular binance launchpool or something like that since its more clear and more guaranteed that nothing will happen to your coin and you will still get some good earning.

Ngemmeng

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for me 10% is too big and although it is not a scam but I am sure the token price will fall quickly because of the huge daily rewards. Don't just look at the big daily prizes but you also have to consider the token price.

Coyster

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Quote from: NFTmark52200 on January 22, 2024, 11:17:42 AM

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

Definitely a scam project or one that will fail in no time, a 10% reward daily is not feasible and it is most likely a gimmick to allure gullible people to fall for this scheme.

Quote from: NFTmark52200 on January 22, 2024, 11:17:42 AM

I don't know how people staked over 40 Million PIE tokens on this very new platform.

People are gullible when they are promised unrealistic high returns, crypto investors want to make so much money very quickly and as a result they no longer can tell what looks real and what's too good to be true.

nelson4lov

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Quote from: NFTmark52200 on January 22, 2024, 11:17:42 AM

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

I don't know how people staked over 40 Million PIE tokens on this very new platform.

Please share your honest suggestion, i already have faced alot in new projects on BSC chain.

https://applepies.co

As a general rule of thumb, always assume that anything that sounds too good to be true is probably not true. It's a rule that works very well for me and you should try it out as well. During the yield farming craze, I saw projects that offered much more APY than the project you quoted and projects that offered around 3-5% daily rewards. What happened to these projects? They all failed shortly after because the rewards were not suitable.

Another thing you should keep in mind is that BSC chain has the highest number of shitty/scammy/ponzi scheme projects (not saying applePies project is an outright ponzi but you get the point).

Adreman23

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Quote from: NFTmark52200 on January 22, 2024, 11:17:42 AM

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

I don't know how people staked over 40 Million PIE tokens on this very new platform.

Please share your honest suggestion, i already have faced alot in new projects on BSC chain.

https://applepies.co

I think setting a deadline for staking is important to prevent the risk of an excessively large supply of PIE tokens, potentially leading to an infinite supply. Imagine staking 40 million pie with a 10% daily reward, resulting in 4 million pie daily or 120 million pie monthly, (correct me if im wrong)how sustainable such rewards are? and such a significant increase could devalue the token if dumped on the market. It's essential for the project to establish a clear staking deadline to avoid the risks associated with an overly inflated token supply.

God bless u

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Its better that a person should invest his own money in a great exchange like binance or kucoin exchange while daily I often see it, that the coin is 40 to 50 percent up It is better to invest in it, for example, if we make a small investment, then 10 percent will get the daily reward. Rather than working in a website or getting caught by a fake website, it is better for a person to trade and earn their own money safely

Natalim

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Quote from: NFTmark52200 on January 22, 2024, 11:17:42 AM

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

I don't know how people staked over 40 Million PIE tokens on this very new platform.

Please share your honest suggestion, i already have faced alot in new projects on BSC chain.

https://applepies.co

NO - a usual trick from scammers and they will offer huge rewards to innocent individuals and become a victims.
Maybe if that is 0.1% daily, that seems real but with that amount, you can already think it is a big scam. Buy now and lose after.

Many cases have happened already and it was very clear to us. And my honest suggestion is to stay away from this project and those who offer huge rewards as they are just a scams.

gabbie2010

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Quote from: NFTmark52200 on January 22, 2024, 11:17:42 AM

Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?

I don't know how people staked over 40 Million PIE tokens on this very new platform.

Please share your honest suggestion, i already have faced alot in new projects on BSC chain.

https://applepies.co

It's more like a modernized ponzi scheme I don't think or believe any project with 10% daily reward is feasible it can't be sustained on a long term perspective thus a very suspicious project, there is a possibility of regular payment for few number of days thereafter disappeared into thin air after collecting investors funds in other word stay clear out of the project to avoid stories, recall there had been widespread of scam projects in crypto market with extra research scam project can be screen out especially projects that usually bogus reward

btc78

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10% every day?

How could a project even reap that much profit let alone willingly spend it for their customers most scams rule people in with statements or claims that are too good to be true (indeed it is) they would really invest their money just to try and look that the project is successful and then when they have gained some profit they can now take it and who knows what they would do with that money they scammed from people

batang_bitcoin

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10% annually is possible but if it's a daily reward, I don't think that's something legit. Those projects that have high APR/APY are likely going to lower that as soon as investors start to flock on them and stake their tokens.

Quote from: NFTmark52200 on January 22, 2024, 11:17:42 AM

I don't know how people staked over 40 Million PIE tokens on this very new platform.

You sure that you don't know? Or you are aware and you do know it because you're part of the marketing of that platform and you do the exposure of it in every other platform?

electronicash

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it won't be long and it will become a scam. defi projects were offering 5% APY and they still ended up a scam. that 10% they get every day will be sold in the market almost every day by users and the price will never go up til this project dies.

just forget the project and just move on to another. this kind of project will derail investors to think they are earning due to the rewards but you got to think of the real value.

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