NexusICO Review | A Financial Scam, How? & Why? Find out!
NexusICO Review: As an investment platform that’s bearing the same name as the company, the company solicits investments in cryptocurrency tokens, trades with developed cryptocurrencies, and improves newly launched apps & games.
NexusICO offers three investment packages, which are called NICO Starter, NICO Pro, and NICO Premium. On NexusICO, at minimum, you can possibly invest 50 USD with a 1.149% ROI attached.
Meanwhile, the maximum investment you can make on NexusICO is at least 50,000 USD with a daily ROI of about 1.9%.
Moreover, you can possibly increase your revenue (earnings) only by referring/inviting other investors to the platform (NexusICO.com), and also earn commissions on their deposits beyond 5 levels, including their binary income.
However, the company claims to be incorporated in the US, UK, and Seychelles, but let’s find out Why & How this company was marked as a scam and the reason behind it. Read on below & find out more.
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NexusICO Review – Why & How is NexusICO a Scam? Find out!
After our intense research on the NexusICO investment platform, we found out that the company is just a fraudulent platform without any financial authorization. And a company like this should be very risl]ky to invest your funds with. It will be better if you stay away & avoid them.
You might wonder, why have we called this company a scam investment platform, to answer that, read on and find out the reasons for their fraudulent acts stated below.
There are four reasons WHY & HOW NexusICO is known as a scam investment platform, see their outline & discuss as you read below.
Invalid Company Registration
NexusICO Review: it is a cryptocurrency investment platform, which was launched in 2020. The company utilized a typical fraudster’s scheme during the company’s registration, which is not supposed to be real.
In many countries, it is easy & simple to register your company online for the purpose of tax collection. And while registering the company, you do not need to show proof/evidence that your business is real & legitimate.
And then later on, before the company offers the first official report of business to the authorities under your company, the head of the company would have found his/her way out of the business & run away with your investments/funds.
Meanwhile, this is what NexusICO might decide to imitate, and eventually collapse in the end. As you can see in our image below, the company has been legally dissolved in the United Kingdom, while its registration in Arkansas has been canceled.
Read on below to find out the next reason why & how NexusICO is a scam, see the next section below.
NexusICO Review – Illegal Investment Services
Finding out that NexusICO is not registered or financially authorized, it also does not provide investment services currently.
If you are still in doubt about the fact that NexusICO is a scam investment platform, verify directly from the UK’s Financial Conduct Authority, and also from the FINRA Agency in the US. NexusICO is Unregulated & Unlicensed to conduct any investment business.
And all of these made NexusICO an investment company that offers Illegal investment services, which they are not responsible for your funds’ protection.
See the next reason below.
Failed Business Plans
NexusICO Review: The company has great & large plans, yet these plans completely failed. In 2021, the NICO Token was meant to be out on market, and get crypto exchanging platforms listing. However, it is not traded on any real exchange platform.
Furthermore, later this year (2022), they discussed launching their Blockchain as a service, but still, the process failed. So, neither do NexusICO has a Blockchain nor a cryptocurrency token.
All these were meant to be this way, and why is that? This is because the investment scheme & platform is all a scam that does no real activity on their platform.
See the next reason below in the next section.
NexusICO Review – Scam Investment Plans
NexusICO’s investment plans reveal everything about the company. Because it breeds fraud, whether the daily returns are 1.1 or 1.9 percent.
They have stopped paying yields on weekends, so their weekday returns now vary from 5.7 to 9.5 percent or around 20 to 40% monthly. This is a common number used in frauds.
It is the industry norm that fraudulent systems like Cash Forex Group, AI Tiger, or Sunony promise the same or larger profits.
In truth, earning 20% to 40% on a monthly basis is unachievable for any respectable company. No one is capable of doing so.
Also, keep in mind that NexusICO promises extra income from deposits made by anyone you connect to the platform.
And because the corporation would not want to do all of this for free, its true earnings would have to be considerably greater than 20% monthly, making it even more ludicrous.
The above image is from the investment page on the NexusICO official site, here you will find the investment plans & packages the NexusICO investment platform offers.
For further review on how to earn, and access the NexusICO official account, find out more from our Login article on NexusICO via the link below.
Meanwhile, for further updates on MLM reviews, and investment companies, stay updated with us at TechSmoothy.com. And also, please don’t forget to share this article.
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