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Lucky Ape Review: Is luckyape.ai A Genuine AI Crypto Investment Platform?

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Lucky Ape Review: Is luckyape.ai A Genuine AI Crypto Investment Platform?

Lucky Ape is a Crypto MLM Ponzi scheme claiming to offer daily guaranteed ROI. Our luckyape.ai review exposes the high risks involved in this investment project.

Claiming to be a web-3 AI investment project, Lucky Ape is another anonymous Ponzi scheme targeting naïve investors. To avoid detection, the owners claim this is an open-source investment project pushed by academics, business leaders, contributors, and non-profit organizations.

Lucky Ape is a risky investment project

The platform claims investors earn thanks to language language-oriented neural networks. Lucky Ape is not upfront about who is running the project. And this makes it a hard nut to crack for authorities looking to apprehend scammers.

Already, a warning has been issued by several regulators all over Europe. It all started with the project’s denial of entry into the United States Market. This led to authorities hovering over what to do with such projects in the future.

Despite its anonymous nature, we suspect a few Indian nationalities living in the UK are behind the project. A few such projects have been in the Crypto MLM niche and none was ever productive in the end.

The chances of losing all your investment with Lucky Ape are high. And this is why we have to highlight most of the risks associated with such projects. The platform makes preposterous claims of guaranteeing 1.5% every day for the next 80 days.

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That’s 120% ROI in 80 days, no platform can guarantee such claims.

Here’s our candid LuckyApe Review for more.

A Brief Overview of Lucky Ape

Judging by the platform’s token metrics, the project started in April 2023. However, you will notice there’s no address of the project on any Blockchain network. This is the first sign we are dealing with a rogue platform.

The platform pushes the call of earning up to $150,000 on bonuses with Lucky Ape. From the promotional timeline, we can tell Lucky Ape is a mere 20 days old. There are no token metrics or solid background that can prove an earlier stay of the project.

Regulators in the UK led by the Financial Conduct Authority and the Company House Registrar are looking for the owners behind this platform. It has emerged the IP address of the website is in London, with authorities close to a burst.

These are signs the project won’t go for down the line and will likely be shut down either by authorities or fear of being caught. For those who have invested in the project, we can only feel sorry for them.

Chances are, the platform will entice you to bring in close family and friends into the fray. You will get to see your account balance grow over the vested time (80 days minimum) giving false hope of a profitable outcome.

Just before the vesting days lapse, the platform is likely going to change tune in terms of withdrawal or amount to withdraw. We have seen this happen countless times before with such projects.

Anonymity and lack of transparency are just a few of the many aspects that make this platform a high-risk investment project. Our investigation led to the culprits behind the Lucky Ape NFT scam way back in 2022.

It seems the culprits behind the NFT scam have started this project, only this time claiming to offer daily guaranteed profit margins.

How Lucky Ape works

It all starts with a funnel program created by the culprits behind the platform. The platform has a three-phase project where they move to entice and lure more investments from investors. There are some luring features such as earning high bonuses and commissions.

Far from the case, we have a platform failing to furnish investors with proof of concept. Where does the platform invest to make such high ROI margins? Does the platform invest in staking or other financial instruments?

If the platform is involved in staking, which nodes are they using? As an investor, you have the right to know how your money is working for you to make the supposed daily ROI. In this case, that’s not possible as the platform fails to offer much in terms of authenticity.

And this is where most investors go wrong as they fail to understand their rights in investment projects. Most investors get carried away easily by the projected daily guaranteed margins claims without thinking twice.

With the affiliate project, the platform aims at targeting close family and friends as well. You just see the bonus pile up without actually withdrawing it. That’s how the platform continues to get you to earn money for them.

In reality, you are just part of the greater goal of getting more victims to jump in and sign up. When all fails, you will lose your investment alongside the relationship you had with fellow family and friends.

Attempts to get back your funds from the project are likely going to hit the wall, especially if you use listed contact details. There are other ways of recovering funds, contacting them just alerts them of your persistence in the matter.

Scammed by luckyape.ai

For those who haven’t joined the platform, here’s how the platform manages to deceive hundreds of naïve investors. You sign up hoping to earn the daily guaranteed ROI and also the perceived bonuses and commissions.

Mid-way through the vesting period, the platform alerts you that you’ve successfully qualified for the next investment plan. To start earning the listed ROI margins, investors must deposit the funds required for the tier in question.

The platform claims they will add the funds earned during the last withdrawal process as you continue earning ROI. Once the vesting days for the two plans get closer, the platform all of a sudden changes tune.

You start getting emails claiming you have breached terms and conditions. Please note there are no terms and conditions listed. Lucky Ape will even move to claim you have hit the withdrawal limit set for your plan.

All these are mere tactics to ensure you don’t withdraw even a penny. The platform uses you to gain access to your network of family and friends. At the end of the day, everyone who joins the platform ends up losing their investment.

Customer Complaints, Ratings, Reviews, and User Experience Lucky Ape

No positive reviews of luckyape.ai

With the platform a few weeks old, the first vesting period lapsed and those who didn’t comply with adding funds are having it rough. The platform has blocked all access with others claiming their referrals are demanding funds from them.

“I enlisted my cousin and his husband to join the platform seeing I would earn a 25% bonus of the funds deposited. The pair deposited £4,000 hoping to earn 50% ROI in a matter of days. We haven’t received a word from Lucky Ape and the pair are demanding I pay them back.”

–  Andrew from Kensington and Chelsea

Is Lucky Ape a Promising Crypto Investment Project>

Lucky Ape is a high-risk no-reward crypto project that will without a doubt take advantage of investors. Those who signed up with the platform are likely going to lose a large chunk of their investment.

There are those who will get to withdraw part of the funds and continue spreading the word of a lucrative project. Beware of such comments as they too are either part of the project or soon would-be victims.

Verdict Lucky Ape

From what we have seen, Lucky Ape is not your investment cup of tea, please stay away.

Do invest in proven AI trading tools that offer and achieve realistic ROI.

Feel free to leave a comment or ask any questions regarding this investment or any other.

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