Crowd-me is an investment based online earning website that claims users can earn up to 30% of any amount deposited on a daily basis. Like every other investment site, you can only unlock additional earnings by funding your account with money and purchasing one of their plans. If you are the type of person who is in need of a passive source of income and have probably made up your mind to participate, then only do so with money you can afford to lose.
The reason is quite simple and straightforward, sites like crowd-me don’t last so long due to the bonuses they pay out in the name of investment returns. In this article, we will go over a few, important things about crowd-me, how it works and the reasons why it’s risky to ‘invest’ money in the site. If you were considering participating, this article will serve as enlightenment to you.
About Crowd-me
Crowd-me is an investment website that allows users earn as much as 30% of the plans purchased on a daily basis. The website offers a number of plans, users are expected to purchase after registration in order to earn daily returns.
The plans on crowd-me range between 3,000 naira to 2,000,000, and users who proceed to purchase any of the plans will be earning 30% of the amount deposited on a daily basis till the expiration of the plan.
Apart from the investment part, you can also earn money on the platform by acting as an affiliate. The more people you refer, the more money you earn. According to the information on the website, users are entitled to 25% of the amount their direct referrals spend in purchase of a plan
The referral system extends to three levels; meaning you earn not just from the first level but also, the second and third. But the highest bonuses come from the users you directly get to sign up and invest using your referral link.
Crowd-me earning process is quite straightforward and simple but it’s not without risks. As good and enticing as it may sound, there are more to it. But before we start breaking down the risks associated with participating with money you can’t afford to lose, let’s have a brief look at steps you need to take in order to get started.
Getting Started
The first step is to create an account on their official webpage. Sign up process is typical of any investment based site, no phone number or email verification. You hop into the webpage and create an account
After creating the account, you will be directly logged into the main dashboard and be given 600 naira welcome bonus. The bonus can’t be withdrawn due to the fact that, the minimum withdrawal threshold is higher than that and you’re expected to invest in order to qualify for withdrawal.
If you are interested in participating, click on Mine and tap on Deposit, select an amount from the options shown. As previously mentioned, the amounts to purchase a plan range from 3,000 to 2 million. So confirm the one you want to go for and deposit accordingly
Upon selection of the amount, on the deposit page, you will be taken to a new page with an account details to send the money to.
Simply copy the account details and transfer the needed amount to it. Then tap on “I’ve paid” for confirmation.
Once confirmed, the amount will be added to your account on the site and then you can purchase one of the plans.
Every 24 hours, you will be credited with 30% of the amount used in purchasing the plan and can withdraw as soon as you hit the threshold.
How to Withdraw on Crowd-me
Immediately you have earned up to 1,000 naira being the minimum withdrawal amount, the next step is to place withdrawal.
To do this, click on Mine and then tap on Withdraw, you will be taken to an account binding page. Submit the bank account details you intend using to receive payments and then proceed to request for payment.
Verdict
Crowd-me.com is not a legit platform. It’s not a reliable source of income and can never be regarded as one. This is due to the fact that, the platform is a ponzi scheme.
The administrator basically rotates funds from the new users to the old users placing withdrawal to create the false sense of profit sharing while in actual sense, they are robbing peter to pay Paul.
What even makes it worse is the high amount being paid out to users. The referral incentive pegged at 25% and the daily interest of 30%. All these are highly unrealistic and a proof that the platform won’t last long before crashing.
Therefore, you need to either steer clear completely or participate with money you can easily afford to lose. There is no assurance that Crowd-me will last enough for you to even regain the amount used in purchasing one of their plans.
Additionally, to set the records straight, participation in websites like this, can’t be regarded as “investment”, it’s more like a risk, gambling with your money with hopes of either gaining more or losing everything.
Reason is, there isn’t someone to hold accountable when things go south and also, their very high “interest rate” as people call it means the site wouldn’t last at all before crashing.
In summary, below are the main reasons why you should stay away from crowd-me;
- Unrealistic Payout structure (30% daily and 25% direct referral bonus)
- No known owner or individual to hold accountable should things go wrong in future.
- Crowd-me has been around for a while, which means it’s now unsafe entirely.
- Low registration bonus thus participation means fully risking your own money at first.
Conclusion
Crowd-me is a ponzi scheme and by every definition of the term, it’s a scam. A fraudulent scheme usually set up by criminals with an end goal of scamming unsuspecting users or people who are oblivious of the risks associated with participating.
Greed is one thing that often makes people lose alot of money to ponzi sites like this, therefore do well to contain your greed. If you must participate, do so with money you can easily afford to let go of. But if after reading this article, your gut feeling suggest otherwise, then steer clear completely.
Thanks, do well to share the article to others.
About Author
Join Our WhatsApp Channel