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tokenpower.io

Why is the trust score of tokenpower.io very low?

The website content you provided raises several red flags that are commonly associated with cryptocurrency scams:

1. Guaranteed Value: The claim that the token will not decrease in price and will not go below any price it reaches is unrealistic and not how financial markets work. All investments, including cryptocurrencies, carry inherent risk, and their value can fluctuate significantly.

2. Token Supply and Minting: The description of the initial token supply and the process of minting new tokens based on Tether (USDT) deposits is vague and does not align with standard cryptocurrency practices.

3. High Transaction Fees: The 2% fee for buying and selling the token, with a significant portion going to the liquidity pool and the development team, is unusually high and could be a way to siphon funds from investors.

4. Lottery System: The inclusion of a lottery system within the token’s ecosystem, especially with claims of fraud elimination, is unusual and could be a tactic to attract more investors through promises of additional rewards.

5. Network Marketing Platform: The mention of the PowerNetwork as a network marketing platform is a common feature in Ponzi schemes and multi-level marketing scams.

6. Blockchain and Smart Contract Claims: While the website mentions the use of blockchain and smart contracts, these claims are not substantiated with technical details or verifiable information.

7. Generic and Incoherent Content: The presence of generic and incoherent content, such as the placeholder text “Lorem ipsum dolor sit amet,” is unprofessional and can be a sign of a hastily put together or fraudulent website.

8. Lack of Regulatory Information: There is no mention of compliance with financial regulations or oversight by any reputable financial authority, which is a common omission in cryptocurrency scams.

9. Email and Social Media Contact Only: The website only provides an email address and a social media handle for contact, which is insufficient for a legitimate financial platform.

10. Domain Age and Hidden WHOIS Information: The relatively short domain age and hidden WHOIS information can be indicative of a website that is not transparent about its operations.

Based on these red flags, it is advisable to exercise extreme caution and conduct thorough research before engaging with this platform or investing any funds. It is recommended to seek advice from financial professionals and to verify the legitimacy of the platform through independent, reputable sources.”



the reasons behind this review :
Guaranteed Value, Token Supply and Minting, High Transaction Fees, Lottery System, Network Marketing Platform, Blockchain and Smart Contract Claims, Generic and Incoherent Content, Lack of Regulatory Information, Email and Social Media Contact Only, Domain Age and Hidden WHOIS Information
Positive PointsNegative 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

How much trust do people have in tokenpower.io?

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Reliable
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