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web3fd.org

Why is the trust score of web3fd.org strongly low?

The website content you provided contains several red flags commonly associated with scam or fraudulent websites:

High and Unrealistic Interest Rates: The interest rates mentioned on the website, especially the higher rates for larger deposits, are unusually high and could be a tactic to lure in potential victims.

Lack of Detailed Information: While the website mentions various aspects of its operation, such as user revenue and lending rates, it lacks in-depth and verifiable information about its operations, team, or regulatory compliance.

Use of Cryptocurrency and Public Chain Addresses: The use of cryptocurrency and public chain addresses, especially in the context of lending and interest rates, can be a common tactic in crypto-related scams.

Nationality and Wallet Hashrate Information: The detailed listing of users’ nationalities and their wallet hashrates seems unnecessary and could be fabricated to create a false sense of legitimacy.

Daily Interest Rule and Asset Safety Claims: The specific details about flexible interest payments and asset safety, especially the claim about 80% of USDC reserve assets being in short-term US Treasuries, are highly specific and may be used to create a false sense of security.

Decentralization and Web 3.0 Concepts: While the website mentions the benefits of Web 3.0 and decentralized applications (DApps), these concepts are complex and may be used to confuse or impress visitors without providing real substance.

Smart Contracts and Help Center: The mention of smart contracts and a help center is common in crypto-related scams to create an impression of technical sophistication and support.

Overall, the combination of high and unrealistic interest rates, lack of detailed and verifiable information, and the use of complex technical concepts without clear substance raises significant concerns about the legitimacy of this website. It’s advisable to approach such platforms with extreme caution and conduct thorough research, including seeking independent reviews and verifying their regulatory status, before considering any financial involvement.”



the reasons behind this review :
High and Unrealistic Interest Rates, Lack of Detailed Information, Use of Cryptocurrency and Public Chain Addresses, Nationality and Wallet Hashrate Information, Daily Interest Rule and Asset Safety Claims, Decentralization and Web 3.0 Concepts, Smart Contracts and Help Center
Positive PointsNegative Points

  Website content is accessible

  No spelling or grammatical errors in site content

  Low review rate by AI

  Domain is new

  Whois data is hidden

How much trust do people have in web3fd.org?

0.0

Total 0 reviews

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Reliable
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Trustworthy
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Neutral
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Suspicious
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Untrustworthy
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