Review on Midas.Investments by Manur Bartov

And so the headline began with risks, but any investment is a risk!



Why did I write like that?



And so before investing, the most important thing is to calculate all possible risks so as not to lose your investments.



I started the analysis with the site, the team and the legal component, and this is what I saw.





The site has really been working since 2018, as the company claims, this is +





There is organic search traffic, 1600 per month - not much, but it indicates the presence of real users, this is also +







There is a team on the site, on the one hand this is good, there is confidence that people value their reputation and the likelihood of fraud is minimal. But mostly in LinkedIn, these are hired employees, which does not guarantee the format of fraud on the part of the management, and employees can also be deceived because they do not have a reliable strategy for monetising the project (there is often a fraudulent exit scheme - when the site stops working and all investors' funds go platform owners)

Therefore +/-















That's what most alarmed me, so it's the lack of a legal entity! It is not in the footer of the site, nor in Privacy Policy and Terms of Use!

I consider this a deliberate act to conceal the legal legal structure, in this regard, this is a Big -







After registering on the platform, it immediately offers to pass verification through a partner, there is just the name of the provider responsible for the collection and processing of personal data!







This gives confidence, since not every crypto project checks its users, but there is still no data on which company they do this for!

So there is more + than minus!





Next, I looked at their internal token on the phantom blockchain, and was surprised by the lack of a logo and data on the social media of the project.











Transactions show that sales are constantly going on from the largest address through SpiritSwap: Router



In general - this is the business model of the project, to sell a token, but in this case it looks more like a distribution scheme.



Summing up, there are many risks for me, I would not invest on this platform, but this is just my opinion.

At the same time, in investments - the greater the risk, the greater the possible benefit, especially in digital assets!