@Mozes721 16 March 2022 more from that month

Is Hi.com a pyramid scheme? Free cryptocurrencies without investing your hard earned $$$ sounds to good to be true right? Well it is when something is categorized as **free** there is always a catch. Crypto fever grew and so with it **FOMO** as the market is quite risky(considered as stocks 🏛️ on steroids 💉 ) thus opportunities for seizing it with advertisements. So what is a Pyramid schemes? *Pyramid schemes promise easy riches, via investment opportunities or marketing of consumer goods and services. Participants can reap huge profits by bringing others into the fold, earning commissions from those who bite. Many pyramid schemes resemble multilevel marketing (****MLM****) businesses, which also involve a chain of adding new people to the operation.* Hi.com 👋 If you reading this you have probably came around all the absurd posts in Medium “***How I generate 100$ daily***”, “***Earn 31$ a month for free***” and the list goes on. When it was getting over saturated with **hi.com** articles and people like me tried to AVOID it writers tried to cover it with different headlines but still writing about same thing. In modern times of social media platforms like Facebook, Twitter, LinkedIn, Medium and many others it’s easy to spread promises of fast returns by just using your own generated referral link like in **hi.com** and almost all other Crypto related businesses have them as an option. *Disclaimer: I am not against referral Marketing as I understand everyone wants to make a living and earn passively.* *Just deceiving others with fast earnings, ludicrous headlines + no genuine intention to help the reader just own selfish interest is where I draw the line.* The idea that **hi.com** incorporated was a good hook🔗 to get the word spread around. Just answer a question and you get a free Hi dollar right? Well its not as simple as you may already know so what’s the catch? If you want to withdraw your **HI** dollars you have to wait a year for your Rewards to become flexible(at least that’s what they promised 😉). Good reason to postpone it is so that everyone won’t dump the coin in a sell off, damaging the companies reputation as well value of HI dollar. The amount I was able to accumulate by answering the questions *P.S the Auto-Earn doesn’t do anything until HI balance is in* ***Flexible*** *account.* 2.Earning 30% **APY** on staking works from 100 HI dollars(**Flexible**) 3.Reference multilevel marketing (**MLM**) It clearly states high earnings using **MLM** business that solely benefits downstream joiners *Note: Not bashing the method just to point out the obvious of it being a pyramid scheme* 4.As of late to you can’t earn your free **HI** dollar so your **incentivized** to use referral link or buy **Hi** dollars. Last free daily claim I had was at 2022–02–24 5.The app also has a **KYC** process of collecting passport information. Having a verified audience through a **KYC** process would increase advertising revenues. Concluding I just wanted to raise that I don’t dislike **Hi.com**. They obviously put a lot off effort into utilizing the power of **DeFi** and entering the **Web3** space. Just here to send a clear message and difference between reality and expectations.