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Project-Regain.io Review: Is Project Regain Scam or Not?

Project-Regain.io Review: Is Project Regain Scam or Not?

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Project-Regain.io is an ICO project that claims to have the capacity to solve the problems encountered by the mining industry in general and especially the small mining pools on the internet. The website in question is quite easy to navigate and their presentation skills are also up to par. In terms of the tokens which they claim to sell or are intending to sell to their investors, there is no number that can be used to project the kind of returns that people can earn from Project Regain. That is how the market works. So we will proceed to the most important aspects of this project and let you know whether or not this scheme can be trusted.

Project Regain

This particular review is specifically designed to give information to those who want to buy tokens from Project Regain or want some idea regarding how the business model is structured to work. The main aim of this project is to stabilize the Bitcoin market by giving everyone the opportunity to get involved in Bitcoin market. They claim that the goal is to equalize the opportunity so that both big and small players can benefit in the same way. Project regain claims that one of the reasons why companies and websites on the internet are not accepting Bitcoin is because of the associated volatility where price rises or falls drastically without warning. They want to solve this by making sure that all businesses will start to massively adopt Bitcoin, thereby making it more stable in the near future. The intend is to drive price upwards through mass adoption, and Project Regain is allegedly the answer to this problem.

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Having said that, you might ask how Project Regain intends to achieve this, and well, according to their site, they claim that they want to sell REG tokens to their users so that everyone can get a share of their mining ventures. They claim that the funds which they shall collect from this venture will be used to buy mining equipment and maintain them as well. They claim that after a certain period and when the token investments have yielded returns, they will share those returns with their investors. Actually, they claim that 60% of returns from this investment will go towards the investor while they retain the other 40%. This is more than acceptable but is there a guarantee that this project can and will yield returns in the near future? This is because most sites that operate like Project regain are just clever ponzi schemes which sell useless tokens on the promise that members will earn nice rewards if they invest in their tokens. These tokens cost them almost nothing to generate, and so it means investors will be purchasing tokens that are backed by nothing.

We do know that Project regain uses ASIC miners according to the claims on their website. However, it would have been kind if they shared specific details of their mining infrastructure in addition to the location. This adds credibility and makes trusting them easier. But without this information, you can rest assured that they will have a hard time convincing people to invest in their project, and that will mean that this project is going to fail due to low numbers of investor adoption.

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Project-Regain.io review

The one thing that you will notice if you dig deeper into this website’s operation is that there is no run down of the fees they charge for the project. Although these issues can often be overlooked, listing them down for investors to see them adds a level of credibility for the site.

Also, all investors want some assurance of a return on their investments. This is because there is so much uncertainty that all investors cannot just put their money into this project if they do not know what they are getting into. It does not matter how you analyze this market. It is still going to be very difficult to trust these guys. From a risk reward perspective, diversifying your investments and not risking a lot is the best way to go about it. One thing you need to understand is that even if Project Regain is truly mining Bitcoin and returns are coming from mining of Crypto currencies, then the price of this Crypto currency will determine what return you will make at the end of the day. You have to keep this in mind.

You must also remember that there is cut throat competition in the Bitcoin mining industry. You either need to invest a huge capital or maximum power or invest a small amount and wait for a very very long time before you can ever see substantial profits.

Could Project Regain turn out to be a scam?

This is basically an ICO and in that sense, there is a lot of uncertainty due to the risky nature of ICOs. One of the red flags that will bother you is the fact that the founder and employees of this website are 100% anonymous. That means they cannot be traced anywhere. If things go south, you will be left with nobody to put your blames on. Nobody is willing to take responsibility for investor losses if they happen.

The website has published a page of 5 people who are allegedly associated with Project regain. Unfortunately, there is no social media links that have been attached to these people’s profiles. That is a sure red flag.

Our best advice for you

Project Regain may look like a promising idea but again you shouldn’t be so sure about what they are telling you. Being that the owners are anonymous, it could mean that they already know what could happen and so they are trying really hard to separate themselves from the entity. In the end, it might succeed or collapse. This depends with the intentions of owners. In the meantime, just mine BTC here. 

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