With its Digital Companions Community Ponzi in tatters, Crowd1 has revealed its subsequent Ponzi play: Metaversy.
Metaversy is a brand new blockchain based mostly buying and selling sport the place you as a participant can commerce digital shares in corporations which solely exist within the Metaverse!
This would be the most revolutionary sport you’ll ever play! On the chopping fringe of the digital frontier, the place crypto and blockchain meets the Metaverse, this can be a sport as thrilling and rewarding as Wall Avenue, however with out the fits!
Metaversy, a crypto inventory market by means of which Crowd1 will proceed to supply unregistered securities and defraud customers.
Metaversy is working from “metaversy.com”, whose area registration was final up to date April twenty first. That is all very new and really quick.
You get a way of this with a go to to Metaversy’s web site. It’s “coming quickly”.
Like PlanetIX, Crowd1 is packaging its newest fraud providing as a sport. So far as video games go, it sounds unimaginable boring.
That is from Jonathan Strom, Crowd1’s COO in an April twenty seventh advertising video;
Now, Crowd1 takes the subsequent step with Metaversy, a web-based digital buying and selling sport.
Providing all the actual parts of the actual world in a digital surroundings.
Gamers will be capable to observe totally different digital corporations, with digital information and occasions available in the market, which may b impacting the values within the sport.
The sport will problem the gamers to make time restricted selections, every time to purchase, promote or maintain their property within the sport.
If that feels like a paper-thin convoluted ruse to promote digital shares to suckers, it’s as a result of it’s.
Right here’s what Crowd1 expects associates to pay them on prime of their current losses:
Solely Crowd1 associates who’ve purchased into Metaversy can earn by recruiting new suckers into the scheme.
Oh and naturally even for those who purchase in, commissions are restricted by how a lot you invested into Metaversy your self.
Wanting ahead;
Metaversy will likely be strategically launched in phases by means of the Crowd1 community, earlier than going to the general public market. Simply as PlanetIX did.
Crowd1 associates spend money on the hope of cashing out funds invested by unsuspecting customers afterward.
I’m glad PlanetIX was talked about, as a result of that gives a fairly good roadmap for the way issues will prove.
PlanetIX launched as some bullshit NFT sport no one exterior of Crowd1 cared about. And even then, competing towards the unique Digital Accomplice Community digital share scheme (which on the time was the then present iteration of Crowd1’s authentic Ponzi), it’s by no means actually taken off.
As curiosity dwindles…
…PlanetIX has sought to eliminate the sport facade and push funding fraud to the forefront:
Crowd1 associates spend money on IXT token, park them with the corporate (staking), obtain passive returns (extra tokens) – all within the hope of ultimately cashing out subsequently invested funds. As basic a Ponzi as another Crowd1 has launched.
Metaversy too can have no curiosity exterior of Crowd1. And even then, with no direct conversion path from DPN digital shares into Metaversy, what number of associates are gullible sufficient at hand over much more cash stays to be seen.
In the meantime general curiosity in Crowd1 continues to say no:
Mounting investor losses and new schemes being launched with out first addressing current losses isn’t an excellent mixture.
On the regulatory facet of issues Crowd1 is run by Jonas Werner, a Swedish nationwide who fled to Dubai final yr.
By the use of not regulating MLM securities fraud, not cooperating with overseas authorities and restricted extradition treaties, Dubai gives scammers like Werner a safe-haven.
Exterior of Dubai there have been makes an attempt to forestall the unfold of Crowd1. Arrests have just lately been made in Azerbaijan and India. Quite a few Crowd1 fraud warnings have additionally been issued.
Up to now Crowd1 hasn’t publicly addressed regulatory motion or the arrest of its promoters.
Pending the inevitable decline in Metaversy as soon as probably the most gullible are onboard, we’ll maintain you posted.
