How stakedwallet pays 1.5% daily? Looks like a Ponzi scheme. Gd read for newbies

[sujonali1819]

What Happened: Today I have found a wallet named stakedwallet. After seeing the wallet name stake, there is some confusion arise my mind and curiously visit the site. And see this wallet is giving 1.5% daily interest to their customers who staked their fund in this wallet. After seeing this I can not understand really how a wallet can pay people for staking even a high percentage? Maybe a new trap for hunting people fund? So I need some opinions so that people in this community get a clear idea and can avoid if anything wrong.

Site URL:

Code:

https://stakedwallet.io/

Some investment plan of this site




They have also mobile wallets in the play store and AppStore.




I have also some confusion about their trustpilot feedback. There are many positive feedbacks there with 4+ stars. and very less are negatives and saying the Ponzi scheme.

Trustpilot link: https://www.trustpilot.com/review/stakedwallet.io



This is some information I have posted here. There is a lot of information on the site. So you can visit the site and post your opinion about how it looks this site and the wallet. Is it not like a Ponzi scheme?

[slackovic]

I tried visiting the site, but it won't open. Could it be down? Nevertheless, when someone is offering 1.5% daily gain, it can't be anything but a scam. No project is capable of delivering such gains. Per month maybe, but definitely not per day.

[xxjumperxx]

I have to agree with slackovic.

1.5% daily is fishy... I mean even if they invest that money or "work" with that money some way 1.5% daily is way too high.

Trust Pilot Reviews are worth nothing, I have seen alot of Scams with perfect Trust Pilot Reviews.

Id stay away.

Edit: It opens for me

[pooya87]

that is an obvious Ponzi scheme!
there is not "staking" in it either. they are just using the term "stake" to make people think the profit they are giving them is from PoS reward for staking coins. otherwise the coins they have listed are not even PoS, coins such as bitcoin, litecoin, ...
and that's not just the name, they explicitly say "earn from proof of stake"!!! basically they are gathering funds from some users to give to others and then some day they will run away with all of it.

I have also some confusion about their trustpilot feedback. There are many positive feedbacks there with 4+ stars. and very less are negatives and saying the Ponzi scheme.

the internet is filled with scam sites like this that earn money by advertising other scam sites. have you forgotten all the ICO ranking/benchmark sites that got paid to advertise the biggest ICO scams of 2017?

[sujonali1819]

I tried visiting the site, but it won't open. Could it be down?

No, it’s working fine here. Maybe it’s your internet problem or something with your side.
 

the internet is filled with scam sites like this that earn money by advertising other scam sites. have you forgotten all the ICO ranking/benchmark sites that got paid to advertise the biggest ICO scams of 2017?

Yes, You are right that the Internet is now full of scammers. And I have not forgotten about the fake icos and paid fake ICO rating sites during 2017.
I have already decided  to create this thread in scam accusation but I thought again to be more clear about this. 

[slackovic]

I tried visiting the site, but it won't open. Could it be down?

No, it’s working fine here. Maybe it’s your internet problem or something with your side.

Yes, it's working now.

the internet is filled with scam sites like this that earn money by advertising other scam sites. have you forgotten all the ICO ranking/benchmark sites that got paid to advertise the biggest ICO scams of 2017?

Yes, You are right that the Internet is now full of scammers. And I have not forgotten about the fake icos and paid fake ICO rating sites during 2017.
I have already decided  to create this thread in scam accusation but I thought again to be more clear about this.  

It's a scam and it's clear as day. Just imagine if there was a legit project that gives you 1,5% daily gain. People would invest $10.000 and enjoy receiving $150 daily. Wouldn't that be great?

[DdmrDdmr]

According to CoinTelegraph (and that is only to pile up on the red flag that logic should raise), there are multiple reports that connect Stakedwallet with  Westland Storage, which was a Ponzi scheme that ended up in an exit scam.

See: https://cointelegraph.com/news/crypto-staking-wallet-offers-15-daily-returns-ponzi-in-progress?_ga=2.45711716.1567706818.1587458585-306601143.1587458585

[JasonBriggs]

Idk I used it now for couple of months, I think it's pretty great.
A lot of coin wallets seems like a scam.
And the do not provide you 1.5% every day from the beginning, there is a special program for this.

I`ve gained around 600 USD for 2 months from this platform, can show proof if you want to.

[xxjumperxx]

Idk I used it now for couple of months, I think it's pretty great.
A lot of coin wallets seems like a scam.
And the do not provide you 1.5% every day from the beginning, there is a special program for this.

I`ve gained around 600 USD for 2 months from this platform, can show proof if you want to.

Id like to see some proof...

[JasonBriggs]

Id like to see some proof...

Here you go

https://prnt.sc/s3cau6

https://prnt.sc/s3cayv


Link on Blockchain
https://blockchair.com/bitcoin/transaction/ef6fdc3db074d2fd8ea76b22240fbc15c8ba1cb556ad547bddc5e7b57f737fa3

Withdrawal took some time, but support resolved the issue quickly enough.

Maybe I`m lucky or maybe you're seeing things. I`m not defending anybody, just sharing my experience.

[Bttzed03]

This is probably the only unbias review I've seen on youtube about this stakedwallet - Staked Wallet - Legit or Ponzi scheme?

To me, any project that promises/guarantees return on your investments is shady. Whatever business model they have, giving those daily % to investors will not be sustainable in the long run. The only way to sustain that is to have a continuous flow of funds from old/new investors. If that stops, it'll all collapse.

[Findingnemo]

The return amount looks too good to be true, so staker will be able to make 45% per month?

In cryptos, there are no guaranteed returns and if someone promising you that then that should be avoided from investing at any cost.

[20kevin20]

I don't think there is a single service I have used that promised something unreal and delivered their promises without scamming. The golden saying that begins with "If it seems too good.." is gonna stay golden.

No comments about the design - these scams are getting better at it every day. But learn not to be fooled by a good design and just be skeptic. 1.5% per day is just unrealistic and even if they pay you in the beginning, they may go for a scam at any point.

[DdmrDdmr]

The "team" section of their website is no longer available, but there is an archived version on TheWaybackMachine if anyone wants to take a deeper look into the team. Just the fact that they deleted this section is shady.

Team (scroll): https://web.archive.org/web/20200316022314/https://stakedwallet.io/about

[LeGaulois]

When you see the site listed mainly on HYIP monitors you don't need to look further and you can close your browser directly. No question asked.
I stumbled upon an article on Medium this morning where the author pointed out several similarities with an old scam.

They claim to have over 500k members while the website is less than 6 months old. LOL

[sujonali1819]

The "team" section of their website is no longer available, but there is an archived version on TheWaybackMachine if anyone wants to take a deeper look into the team. Just the fact that they deleted this section is shady.

Team (scroll): https://web.archive.org/web/20200316022314/https://stakedwallet.io/about

Good job. I did not try to search the team section. So thanks for find out this. It’s really shady behaviour when project delete/hide some sensitive information.
Btw I have created a thread in Scam Accusation about this site. You can take a look there. https://bitcointalk.org/index.php?topic=5242408

I am now locking this topic. Thank you all who posted their opinions.