Forsage.io Reviews
is Forsage.io legitimate or a scam?How much trust do people have in Forsage.io?
Why is the trust score of Forsage.io very low?
1. **Lack of Transparency:** Forsage's operations and the identities of its creators are not transparent. The platform's website and promotional materials provide limited information about the company and its leadership.
2. **High Risk of Loss:** While Forsage claims to offer lucrative opportunities for earning through its MLM structure, it also carries a high risk of financial loss. MLM schemes often benefit early participants at the expense of later ones, and the sustainability of returns is questionable.
3. **Regulatory Concerns:** Forsage's business model has raised regulatory concerns in various countries. Authorities in some regions have warned against participating in schemes with similar characteristics, citing potential legal and financial risks.
4. **Pyramid Scheme Allegations:** Critics have likened Forsage to a pyramid scheme, where the primary source of income is derived from recruiting new members rather than from the sale of actual products or services. Pyramid schemes are illegal in many jurisdictions.
5. **Dependency on New Participants:** The success of Forsage's model relies heavily on continuously recruiting new participants. This can lead to saturation and difficulties in sustaining the promised returns over time.
6. **Ethereum Gas Fees:** Users of Forsage have reported significant expenses in the form of Ethereum gas fees, which are required for transactions on the Ethereum blockchain. These fees can erode potential profits and make participation costly.
7. **Unrealistic Promises:** Forsage's marketing materials and promotional content may make unrealistic promises about potential earnings, which can mislead individuals into joining without a full understanding of the risks involved.
8. **Social and Ethical Considerations:** Participation in MLM schemes like Forsage can strain personal relationships and have ethical implications, especially if individuals are encouraged to recruit friends and family members.
9. **Legal and Financial Risks:** Involvement in platforms like Forsage can expose individuals to legal and financial risks, including potential legal action, loss of investment, and damage to personal finances and reputation.
10. **Alternative Investment Options:** There are numerous legitimate and regulated investment opportunities available, and individuals should carefully consider these alternatives before engaging with high-risk platforms like Forsage.
In conclusion, while Forsage presents itself as an innovative business model, it is essential for individuals to approach it with extreme caution and conduct thorough research. Due to the significant risks and regulatory concerns associated with Forsage, it is advisable to seek advice from financial and legal professionals before considering any involvement with the platform."
the reasons behind this review :
Lack of Transparency, High Risk of Loss, Regulatory Concerns, Pyramid Scheme Allegations, Dependency on New Participants, Ethereum Gas Fees, Unrealistic Promises, Social and Ethical Considerations, Legal and Financial Risks, Alternative Investment Options
Positive Points | Negative Points |
---|---|
Website content is accessible No spelling or grammatical errors in site content | Low review rate by AI Domain is new Archive is new Whois data is hidden |
Domain age :
4 years and 16 days
WHOIS Data Status :
Hidden
Website :
forsage.io
Title :
Error 404 (Not Found)!!1Forsage Support: What is Forsage?/Forsage Maxqore lite/About xQore Program -
Website Rank :
N/A
Age of Archive :
3 year(s) 10 month(s) 10 day(s)
SSL certificate valid :
Valid
SSL Status :
Low - Domain Validated Certificates (DV SSL)
SSL issuer :
Cloudflare, Inc.
WHOIS registration date :
2020/02/09
WHOIS last update date :
2024/02/25
Organization :
Whois Privacy Corp.
State/Province :
New Providence
Country :
BS
Phone :
REDACTED FOR PRIVACY
Email :
Please query the RDDS service of the Registrar of Record identified in this output for information on how to contact the Registrant, Admin, or Tech contact of the queried domain name.
Organization :
REDACTED FOR PRIVACY
State/Province :
REDACTED FOR PRIVACY
Country :
REDACTED FOR PRIVACY
Phone :
REDACTED FOR PRIVACY
Email :
Please query the RDDS service of the Registrar of Record identified in this output for information on how to contact the Registrant, Admin, or Tech contact of the queried domain name.
Organization :
REDACTED FOR PRIVACY
State/Province :
REDACTED FOR PRIVACY
Country :
REDACTED FOR PRIVACY
Phone :
REDACTED FOR PRIVACY
Email :
Please query the RDDS service of the Registrar of Record identified in this output for information on how to contact the Registrant, Admin, or Tech contact of the queried domain name.
IP : 104.26.10.238
ISP : AS13335 Cloudflare, Inc.
Country : US
IP : 104.26.11.238
ISP : AS13335 Cloudflare, Inc.
Country : US
IP : 172.67.71.250
ISP : AS13335 Cloudflare, Inc.
Country : US
Name :
TLD Registrar Solutions Ltd.
IANA ID :
1564
Registrar Website :
http://www.tldregistrarsolutions.com
Phone :
+44.2034357304
Email :
abuse@tldregistrarsolutions.com
Target : roan.ns.cloudflare.com
IP : 172.64.33.226
ISP : AS13335 Cloudflare, Inc.
Country : US
Target : pam.ns.cloudflare.com
IP : 173.245.58.138
ISP : AS13335 Cloudflare, Inc.
Country : US
This website was last scanned on August 23, 2024
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