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Lokoja
4 Level
328 Review
967.5 Karma

Review on w1 by Naomi Ilani

Revainrating 2 out of 5

Is W1 A Ponzi Scheme??

TThe blockchain industry seems to have housed a lot of companies. Some of which have some weird features and other things that makes using it a big risk.
I would be reviewing a crypto wallet that seems to have the same problem. This wallet unlike many other wallets out there still have its site functioning properly but there seems to be a problem. There have been lots of comments online talking negatively about this crypto wallet. There have been comments about the wallet being a Ponzi scheme. Although there haven't been any solid proof to this statement, I would still advice traders to use their platform carefully and if possible, stay away from it.
As a matter of fact, I couldn't make any transaction on the platform mainly because of these statements that are flooding the internet. Prevention, they say, is better than cure!!

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Pros
  • I am yet to find any, I guess it's because I haven't really used their platform
Cons
  • There have been many comments from traders about the wallet being a Ponzi scheme, although it hasn't been proven
  • They are yet to address these negative comments about them