MemeFi Scam Issues are Hot, From Tap to Earn to Pay to Earn!
1970-01-01
Bittime - MemeFi scam issues are being widely discussed. Project that claims to offer the Tap to Earn concept, it is suspected that it is a scam project with a Pay to Earn concept.
Instead of providing benefits to users who are actively involved, this project is considered to only encourage users to continue making transactions. Read this article to find out more!
MemeFi Scam Issues
There are several things that make MemeFi suspected of being a scam project. The following are the things that made the MemeFi scam issue emerge.
1. Daily Transactions: Users are required to make daily transactions of 0.2 Tons, which is equivalent to approximately $1.
2. Premium Purchase: To get premium access, users have to pay 1 Ton, or about $5.27.
3. Daily Spin for Stars: They offer the opportunity to spin through the stars, with fees varying between $1 to $50.
4. New Scheme (Buy 1 Get 3): MemeFi has also launched a new scheme, namely buy 1 and get 3 at a cost of 5 Tons, or around $26.
From these schemes, the issue of the MemeFi scam began to emerge because it was considered to encourage users to continue making transactions.
Read Also: MemeFi Airdrop Eligible Criteria, There are Main and Additional Criteria!
MemeFi Scam Issues: Utilizing the Tap to Earn Concept
Tap to Earn concept is basically supposed to allow users to earn money in an easy way.
However, MemeFi is considered to be using this concept only as a cover to manipulate the community into continuing to spend money.
Imagine someone who has spent 6 months just tapping and collecting points. When they wanted to list their coins, MemeFi instead sold the coins to people who were willing to pay more.
As a result, users who work hard for 6 months will feel that their efforts are in vain because someone who pays 5 Tons can earn more coins in a day than he earned in 6 months.
MemeFi Scam Issues: Didn't Do ICO in the First
Initial Coin Offering (ICO) is a commonly used method to sell coins before a Token Generation Event (TGE).
For example, someone could buy coins at a low price, such as $0.001 per coin. With a $10 investment, they can get 10,000 coins, which can then be sold when TGE starts.
However, MemeFi chose not to do an ICO in the first place. Instead, the project lets users make a $30 transaction and give away the coins at the time of TGE.
Until now, neither MemeFi nor TON have commented on the issue of the MemeFi scam which is currently being widely discussed. Let's just wait for clarification from the MemeFi and TON projects!
Read Also: MemeFi Airdrop Launches The Grand Draw Event: Win a Lamborghini!
How to Buy Crypto di Bittime
Want to trade sell buy Bitcoins and crypto investment easily? Bittime is here to help! As an Indonesian crypto exchange officially registered with Bappebti, Bittime ensures every transaction is safe and fast.
Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!
Check the exchange rate BTC to IDR, ETH to IDR, SOL to IDR and other crypto assets to find out today's crypto market trends in real-time on Bittime.
Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.
