due to the high of rewards from referral no wonder if greedy people will do it. Then trying to search the project here, surprisingly they have an ANN thread even though they already inactive.
Its because of their referral which is completely copied from old MLM business. This guys are offering referral bonus upto level 5 and due to this alluring offer some greedy people are running after their project and promoting blindly. Investing on this kinda project is nothing but a waste of money and time. 
Topic: [SCAM] Kovrita Ponzi Scheme | No Team Info (Read 133 times)
I also just realized about this project yesterday from an advertising network and looks like it was not shared by the team but from their victim who wants to get more people under their link, due to the high of rewards from referral no wonder if greedy people will do it. Then trying to search the project here, surprisingly they have an ANN thread even though they already inactive.
Definitely a Ponzi and its good that you referenced it here in case if anybody was doing research on them now or in the future, but the OP hasn't logged in to the forum for almost a year. The one thing that caught my attention from the WHOIS record was:
So who knows, maybe they are still trying to lure new customers. I will tag them just in case.
Quote
Updated on 2020-07-06
So who knows, maybe they are still trying to lure new customers. I will tag them just in case.
What happened: Ponzi Scheme Offering 3.66% daily interest, 190% total revenue share within 5 level referral system, No WhitePapper, No team info
Scammers profile link: https://bitcointalksearch.org/user/kovrita-2645733
Archive: http://web.archive.org/web/20200717084348/https://bitcointalk.org/index.php?action=profile&u=2645733
ANN thread: https://bitcointalksearch.org/topic/kovritaio-decentralized-hedged-stablecoins-wallet-project-5170932
Archive: http://web.archive.org/web/20200717084604/https://bitcointalksearch.org/topic/kovritaio-decentralized-hedged-stablecoins-wallet-project-5170932
Website: https://kovrita.io/
Archive: http://web.archive.org/web/20200717082839/https://kovrita.io/
Domain information:
Scammers profile link: https://bitcointalksearch.org/user/kovrita-2645733
Archive: http://web.archive.org/web/20200717084348/https://bitcointalk.org/index.php?action=profile&u=2645733
ANN thread: https://bitcointalksearch.org/topic/kovritaio-decentralized-hedged-stablecoins-wallet-project-5170932
Archive: http://web.archive.org/web/20200717084604/https://bitcointalksearch.org/topic/kovritaio-decentralized-hedged-stablecoins-wallet-project-5170932
Website: https://kovrita.io/
Archive: http://web.archive.org/web/20200717082839/https://kovrita.io/
Domain information:
Quote from: https://whois.domaintools.com/kovrita.io
Domain name: KovRita.io
Registry Domain ID: 1API GmbH IANA ID: 1387
Registrar WHOIS Server: whois.1api.net
Registrar URL: http://www.1api.net
Created on 2018-11-27
Expires on 2021-11-27
Updated on 2020-07-06
Registry Domain ID: 1API GmbH IANA ID: 1387
Registrar WHOIS Server: whois.1api.net
Registrar URL: http://www.1api.net
Created on 2018-11-27
Expires on 2021-11-27
Updated on 2020-07-06
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