Rwam.net Reviews
is Rwam.net legitimate or a scam?How much trust do people have in Rwam.net?
Why is the trust score of Rwam.net very low?
1. Unrealistic Returns: The promised returns for renting mining rigs and inviting friends to buy rigs seem too good to be true. High and consistent returns in the volatile cryptocurrency market are highly unlikely and could be a sign of a Ponzi scheme.
2. Emphasis on Referral Program: The focus on inviting friends and earning rewards for referrals is a common tactic in pyramid or Ponzi schemes. These schemes rely on continuously bringing in new investors to pay returns to existing ones.
3. Lack of Transparency: The website content does not provide detailed information about the company, its team, or its mining operations. Legitimate cloud mining platforms usually offer transparency about their operations and the technology they use.
4. Vague Business Model: The description of RWAM's business model is quite vague, with limited information about how exactly it conducts cloud mining and generates profits.
5. Cloud Mining Risks: Cloud mining itself is a risky investment, as it often involves trusting a third-party service to maintain and operate mining hardware. Many cloud mining platforms have been associated with scams and have faced issues with profitability.
6. Lack of Regulatory Compliance: There is no mention of regulatory compliance or licensing, which is a crucial aspect for any legitimate financial or investment service, especially in the cryptocurrency industry.
7. High-Risk Investment: Investing in cloud mining or any high-yield investment program (HYIP) carries significant risks, and the promised returns should be critically evaluated.
Given these red flags and potential risks, it is advisable to exercise extreme caution and conduct thorough research before considering any investment in RWAM or similar platforms. It is recommended to seek advice from financial professionals and to be wary of high-return investment opportunities, especially in the cryptocurrency space, where scams are prevalent."
the reasons behind this review :
Unrealistic Returns, Emphasis on Referral Program, Lack of Transparency, Vague Business Model, Cloud Mining Risks, Lack of Regulatory Compliance, High-Risk Investment
Positive Points | Negative Points |
---|---|
Website content is accessible No spelling or grammatical errors in site content Archive Age is quite old | Low review rate by AI Domain is new Whois data is hidden |
Domain age :
5 months and 19 days
WHOIS Data Status :
Hidden
Title :
RWAM Ⅱ
Description :
Real World Asset Mine (RWAM) is a digital currency platform focused on cloud mining. It is one of the largest cloud mining service providers in the world. We have multiple mines and 12 data centers around the world. Our mission is to make cryptocurrency easy and fast for everyone.
Website Rank :
N/A
Age of Archive :
16 year(s) 7 month(s) 28 day(s)
SSL certificate valid :
Valid
SSL Status :
Low - Domain Validated Certificates (DV SSL)
SSL issuer :
DigiCert Inc
WHOIS registration date :
2023/09/19
WHOIS last update date :
2024/03/06
WHOIS Renewal Date :
2025/09/19
Organization :
Privacy service provided by Withheld for Privacy ehf
State/Province :
Capital Region
Country :
IS
Phone :
+354.4212434
Email :
3ac8a0eda21a47c6aa4c3e8909f1022b.protect@withheldforprivacy.com
Organization :
Privacy service provided by Withheld for Privacy ehf
State/Province :
Capital Region
Country :
IS
Phone :
+354.4212434
Email :
3ac8a0eda21a47c6aa4c3e8909f1022b.protect@withheldforprivacy.com
Organization :
Privacy service provided by Withheld for Privacy ehf
State/Province :
Capital Region
Country :
IS
Phone :
+354.4212434
Email :
3ac8a0eda21a47c6aa4c3e8909f1022b.protect@withheldforprivacy.com
IP : 91.221.116.8
ISP : AS209242 Cloudflare London, LLC
Country : DE
IP : 146.19.22.13
ISP : AS209242 Cloudflare London, LLC
Country : DE
IP : 38.55.207.183
ISP : AS174 Cogent Communications
Country : HK
IP : 154.211.4.91
ISP : AS55020 Aodao Inc
Country : HK
Name :
NAMECHEAP INC
IANA ID :
1068
Registrar Website :
http://www.namecheap.com
Phone :
+1.9854014545
Email :
abuse@namecheap.com
This website was last scanned on August 23, 2024
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