SAMKoin is a new crypto company that is asking people to invest in the platform so that they can get financially independent. The website of the company, SAMKoin.com, states that this platform is a highly unique and modern platform that is capable of providing all of the essential features of a crypto company.
The company is claiming to have a number of features and functionalities through which it will provide profits to the users. However, it is important to review this company in detail before you make any decision about investing in it.
Before learning about the company itself, it is important to note that SAMKoin is a spin-off of a crypto scam called DDKoin. That platform is still operating and targeting uses in Malaysia and Indonesia. However, it is possible that investment in DDK has reduced significantly, due to which SAMKoin has been formed to scam people. There are no major differences between DDK and SAMKoin.
SAMKoin.com is presenting itself as a modern platform that can provide you with all of the essential tools and technologies that you need to become successful in the crypto industry and generate a significant amount of profits. The company is claiming to be a well-established platform even though it was only founded a couple of months ago.
The company is claiming to have a large community of about 9000 users. The website also states that these users are generating a significant amount of profits from the company. However, there is no external source that can confirm this statistic.
Following are some of the main features that SAMKoin.com is claiming to have:
SAMKoin states that it is a legal and regulated crypto platform. It claims to be in maximum compliance with international rules and regulations. The website even mentions the name of some regulatory bodies like SEC, AUSTRAC, and BSP. Some of these organizations, like AUSTRAC, are not even securities regulators. Hence, the company is clearly lying about being in compliance with international laws.
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However, further research shows that the company that does not have any actual standing on these platforms. It is possible that SAMKoin.com is lying about being a regulated platform to seem like a genuine company.
Another interesting feature of SAMKoin is that it is claiming to be an all-in-one business ecosystem for the users. It has not limited itself to the crypto industry alone. Instead, the company is encouraging all kinds of people to invest in the company.
It is difficult to trust the company that it has a very extensive platform due to the fact that it is a new platform. By marketing itself as a large and well-established platform, SAMKoin.com is trying to attract a greater amount of investment.
SAMKoin is also claiming to be acting as a reliable and flexible medium of crypto exchange for the affiliate members. The website also states that the company has a very streamlined and efficient process of conducting transactions and providing profits. However, the company does not provide any specific information about its crypto community.
SAMKoin.com is enticing users to invest in the company by claiming that this company is a part of a grand crypto project. However, if you closely examine the business model of this platform, you will realize that there is nothing new in this company. It is similar to many other crypto scams.
SAMKoin fails to provide any evidence for any of these claims. Hence, it would not be wrong to deduce the fact that the company is lying about most of its features. You should avoid investing in this company. Instead, invest in the crypto mining companies that facilitate all types of users to mine crypto coins and generate a large number of profits.
SAMKoin states in addition to the main source of income, the company is using a number of other options to generate external revenue. Without going into the details of such sources, the website only states that a significant amount of income is made from both conventional and unconventional businesses.
However, it is difficult to believe these claims because the company keeps making a general claim instead of providing any specific information about the business procedures. Generally, this kind of marketing is highly suspicious in all types of companies.
Another way through which SAMKoin is trying to get investment from the users is by promising them to be acting as a reliable exchange program. The website states that the platform will help the users in getting efficient and cost-effective services by participating in the exchange of various products and services.
In order to seem like a legitimate platform, SAMKoin claims that it is trying to bridge the gap between modern and traditional economies. Yet, the company does not give any explanation about such procedures. It does not mention any specific way in which it is going to perform this essential function. Therefore, it is highly possible that the company is making false claims to attract greater investment.
SAMKoin.com states that it has a team of qualified individuals who have years of experience in the crypto industry. However, the company does not mention any satisfying details about any of these team members.
The website only gives the name of some people who are supposedly working for the company. However, this kind of tactic was also seen in DDK, in which the website listed the name of fake people.
Just like DDK, SAMKoin is pretending that it is operating from Singapore. The website of the company mentions two corporate addresses in Australia and Singapore. However, further research shows that both of these addresses are fake.
In other words, SAMKoin.com is providing two fake addresses to convince the users about its legitimacy. There is a very high chance that the company is operating from Malaysia or the Philippines in reality. However, this information cannot be verified from any other source.
The above discussion makes it evident that SAMKoin is a crypto scam. The company is trying to get as much investment as possible before its eventual collapse. Even if you look at the income structure of the company, you will realize that there are no differences between a Ponzi scheme and SAMKoin.com.
Moreover, you also have to consider the history of SAMKoin and its association with DDK, which is another Ponzi scheme. The suspicious nature of the owners of the company point to the fact that the company is a fraud that is only scamming people.
There is no real feature of SAMKoin.com that would provide any actual profits to the users. In fact, it is possible that the company will collapse in a short period of time because it does not have any external source of income. It is generating money only from the affiliate members.
Such kind of business model is not sustainable because when people stop investing in the company, they will have no choice but to shut down. Therefore, investing in SAMKoin would be of no use to you.
The bottom line is that you should avoid investing in SAMKoin.com. You can lose a significant amount of money on this platform. A reliable alternative to such crypto Ponzi schemes is the genuine crypto mining companies. These companies allow you to mine your own crypto coins in an efficient and reliable manner.
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