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Topic: Is it even possible to offer 10% daily reward? - page 3. (Read 354 times)

hero member
Activity: 700
Merit: 577
Eloncoin.org - Mars, here we come!
It is possible because they might be doing to attract people to visit nthe site. Even real or physical business centers or shops do this to attract more people to the businesses. So this should not be a first time for me to see this, I have also done such bonus package to customers before when I was working for cybercafe business center. And because of the bonus customers came and I gave them the bonus rewards. But since one is internet I will only advise you to be careful, because scammers use such rewards to attract people to be scammed.

Ponzi Scheme is also using this method to lure people and also the kind of activities you will be doing to get the reward in this kind of site should be put it into consideration. Because Ponzi Scheme most ask you to click things to get the reward every day. Just stay safe there.
sr. member
Activity: 518
Merit: 317
Lol! No real world business can generate 10% income on their investment. So this looks like a ponzi scam to me. Anyone can create a token and can declare rewards even at 100% a day. But that does not mean this project is a legitimate one.

Money cannot be created out of thin air. Yes such projects get listed in pancake swap as it has become a hub of scam coins. So if you are getting this coins for free, go ahead. But do not invest your hard earned money into it.

The project is definitely a scam, it has Ponzi writing all over it, because giving investors 10% reward daily is not realistic for any business that plans to be in business for a long time. What they'll do is pay the rewards for sometime, after they've gathered enough greedy investors who'll probably sale off all their assets and others will borrow money to invest, by then the scammers have gathered more than enough returns on their scam project, they'll just shutdown. So if OP is up for the game, then it's better that he's not greedy and invests the amount that he can afford to loose, so hopefully he'll get some of his ROI before the ship will capsizes.
hero member
Activity: 2408
Merit: 693
SecureShift.io | Crypto-Exchange
That's definitely not going to last long before they either change it drastically or disappear completely. Never get caught up with outlandish Apr which can not be sustainable overtime.
I have learned from experience to never believe in such fake offer, you will only end up regretting. Where will they get the funds to payment 10% daily to customers? Think.
legendary
Activity: 2100
Merit: 1321
Fully Regulated Crypto Casino
This kind of rate is too steep for any real project or product out there. They will die with this interest rate unless there is something fishy about this. Probably this is another level headed ponzi project.

This may sound legit at first or try to give the 10% daily reward to early users as to get a certain proof of they are legit. However this kind of technique will backfire later on or those who are late comers. Sooner they will pull the trigger and run.
sr. member
Activity: 882
Merit: 215
#SWGT CERTIK Audited
Please share your honest suggestion, i already have faced alot in new projects on BSC chain.


It's best to learn first, as our seniors here say, don't gamble your money carelessly on things that aren't profitable by participating in things you mean and don't understand, whatever the project or program.
legendary
Activity: 1792
Merit: 1296
keep walking, Johnnie
Is it even possible to offer 10% daily reward? Anyone could suggest me if it is solid or scam project?
No honest business project can offer such high interest rates. Similar numbers can only be realized in Ponzi schemes due to the influx of new victims into the system.

10% per day is 3650% per year. Unrealistic returns that are best avoided if you value the contents of your wallet.


sr. member
Activity: 1848
Merit: 298
Buzz App - Spin wheel, farm rewards
No legit business can ever provide a daily 10% profit (for longer period of time). That's absurd amount for any business.
I'd say none of the legit business even can provide 1% profit daily for long term. There might be business achieving that but they won't be able to provide just the investors with such high income for a long term of period. They'll probably stop doing that or decrease their rate or turn into a scam. We might have seen new dex with good rates but the rate is decreased gradually as liquidity increases.
The link you provided is either a total scam or a ponzi in the process of going bust.
legendary
Activity: 3080
Merit: 1500
Lol! No real world business can generate 10% income on their investment. So this looks like a ponzi scam to me. Anyone can create a token and can declare rewards even at 100% a day. But that does not mean this project is a legitimate one.

Money cannot be created out of thin air. Yes such projects get listed in pancake swap as it has become a hub of scam coins. So if you are getting this coins for free, go ahead. But do not invest your hard earned money into it.
newbie
Activity: 7
Merit: 0
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
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