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ShareNode Review: Token Securities Scam

ShareNode Review: Token Securities Scam

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ShareNode is an alleged MLM company the claims to connect your small business with incentive communities. The investment firm claims that you can invite new members or deposit money for you to get profitable returns.

ShareNode claim that through their compensation plan, you get to earn a profit. However, the company does not state the method they apply to generate profits for you.

The company, according to their claims they pose as a cryptocurrency platform; however, if you expect to earn any amount from this company, that is not the direct outcome as you will end up losing money.

As you read this review further will outline some of the scam characteristics this company showcases. Numerous red flags have been raised by the company and should not waste a coin of your hard-earned money.

The company tries to hide their shadiness by using fake company owner’s information to earn your trust. Sharenode.com claims to have the best experience in the investment firm, yet no evidence of past trade records have been provided for you to believe or approve of this allegation. Always venture with legit companies.They are more safer compared to Ponzi schemes and you can also trust their system will not collapse.

The company only targets the money you invest, and once you deposit money reaching the platform will be difficult. The owners are not mentioned, and no personal information is provided; hence you do not know who is operating your money.

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ShareNode Review,ShareNode Platform

The company claims that it pays all commissions and that the payment is made by bitcoin. No evidence of any successful pay, however, is provided to investors.

Share Node Lie

Share Node uses fake images as their company portfolio on the home section to try and hide their murkiness. Despite having these images and names which are probably made up, the company does not provide you with any personal information about its members.

It is a definite warning that you should not trust this investment, and you risk losing money once you fall for their catch. The platform claims to have two founders; Eric Tippetts and Steve Chiang.

The platform features a section where Eric Tippett talks about the platform, yet he does not mention the company; instead, he talks more on cryptocurrency. The two founders claim to own a power that helps to generate profits for investors allegedly known as NASGO.

However, during our research, we discovered another founder James Hardy who claims that he also participated in the founding of the platform. The three alleged founders claim to have created multiple MLM platforms, but they do not mention the names of the platforms, and this statement cannot be proved as a fact.

Sharenode.com allegations are false, and you should not believe anything this company claims to offer you. The platform will swindle all your funds if you fall for the catch. The platform features a multi-level  structure that you can earn from. Share Node investors have to pay 1000SNP to join the company.

How Share Node Operates

 NASGO generates NSG tokens, which allows any investment firm to launch its blockchain or digital assets. The platform claims that through its system, you’re able to make crypto token instantly without having to wait.

Share Node brags that, through its system, you do not require any coding experience for you to venture and benefit from the investment. The investment firm has several investment plans that you can venture into and generate a massive overestimated amount.

However, the company only tells you will make profits, yet how they generate the profits is not known. No investor has benefited from this platform, and you will also not earn any gains.

ShareNode Investment plan

Tokenize Basic, you have to buy this package for $995 and that investors benefit by getting rewards such as VAPR. Once you complete the successful purchase of the package, you get direct registration in their system.

Tokenize Plus costs $1495 for the package with entitlement in the block chain registration and offers in the e-commerce platform. The package has the same rewards in all the investment plans and entitlement to their software NASGO.

Tokenize Premium is the last investment plan that costs $1,995. This plan allows you the same three words, like all the other investment plans.

The company has another investment plan called the compensation plan For you. Too, and from this plan, you have to sell one of their packages to earn a commission. You have to find new members through the affiliate program and earn money.

Regulation and customer support

This investment firm has not provided any regulation details to investors. The unregulated platform smoothly goes against the law whenever they feel like as they’re not bound to any law.

Any platform that claims to venture in crypto mining ought to follow all regulatory guidelines that are in every country. Only scammers fail to provide regulatory details, and they mostly use a registrar that allows them the freedom to hide their bio data.

The company owners risk facing criminal prosecution once they’re caught by the authoritative bodies. The company has not provided an email or at least contact support that you can use to reach the company once you require assistance.

Sharenode.com has not provided you with any contact support, and this is a major red flag to avoid the platform. Legit trading companies are always giving contact information, which is an essential element for you to trust the company with your funds.

The company claims its regulation is in the US, yet under SEC security, they are not features. It is a Ponzi scam platform. Once the legal, regulatory bodies realize that the platform is not registered, they will immediately get closed, and you risk losing all your invested amount.

Sharenode.com Domain Insights

According to whois.com, the company is registered in 2006 May, and the registration expires in 2021 the same month. The domain name for the company is sharenode.com.

Final verdict

Share Node is a dangerous  Ponzi Scheme that will Rob all your money. The company method of operation is murky and does not make perfect sense.

The platform is not regulated, and risks are getting shut down with all your investment funds. The method of operation in the company is not transparent; no evidence of any successful profit payment to investors. Always invest in legit and approved crypto trading bots that have gained a great reputation in the crypto market.

The platform does not guarantee your security on any investment, and this is a major red flag. No contact support has been provided by the platform, and you cannot reach the platform when you require assistance.

The platform owners do not provide you with any information about the personal data and who is operating your money. Share Node is a dangerous Ponzi Scheme that will loot you of all your investment funds once you fall for their catchy phrase.

The platform operates illegally, generating money from the public without authorization from legal bodies. Share Node proves no evidence of past trade or the experience they claim to have, and this proves the company is a definite Scam.

You require at least 3months of any investment firm to prove legitimacy in the companies claims. Your fund safety is not guaranteed, and you risk losing hard-earned money to anonymous people.

The investment firm uses stock images of three members who are the founders. However, if this platform were really paying investors, the traffic would be massive, and the founders would be wealthy.

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2 Replies to “ShareNode Review: Token Securities Scam”

    1. I have a close friend who’s invested in sharenode, and he’s trying to convince others to join and invest as well. Could you explain in more detail of your situation? What have they told you, on the reasons they won’t allow you to cash out?

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