In the cryptocurrency industry, finding legitimate investment opportunities can be extremely challenging. EvoCrypto is one of those platforms best left ignored.
Everyone in the crypto industry wants to make some money.
The less effort such a project requires, the better.
In the real world, there is no such thing as a free lunch.
Any platform promising very high returns is best left avoided.
EvoCrypto falls into this particular category.
With guaranteed returns of up to 30% percent, it is evident that this is a pyramid scheme.
Bringing in new victims – or investors, if one prefers – yields 10% in bonus commission.
So far, it appears that this website hasn’t successfully scammed anyone yet.
One can only hope that situation remains unchanged, as unlikely as that may be.
Since there is no real business plan or way to generate profit, earnings are paid out from new deposits.
That is how all pyramid schemes work, and will continue to operate.
It is not the first company attempting such an elaborate scheme either.
EvoCrypto joins a very long list of Ponzi Schemes and HYIPs which eventually disappear with people’s money.
How long this platform will be around for, is up for debate.
Sites like these tend to disappear in the blink of an eye.
Hyperliquid is facing one of its most consequential governance moments yet. A proposal now before…
Tether has entered a new category. The company announced the launch of PearPass, a peer-to-peer…
The Solana ecosystem is beginning to prepare for a future many in crypto still treat…
Bitcoin accumulation is no longer subtle. It’s visible. It’s deliberate. And it’s accelerating. In the…
Ripple is pushing its stablecoin strategy beyond a single chain. The company has announced it…
Standard Chartered and Coinbase are pushing their institutional crypto relationship into a new phase. On…