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Re: Bitwings promises smartphone that can mine 2 ETH/month. Ponzi scheme?
by
marlboroza
on 17/06/2020, 14:28:46 UTC
⭐ Merited by Rikafip (1)
This is wings youtube video from 2019 https://www.youtube.com/watch?v=OXfJYAFIjuY, they have bunch of shills giving fake reviews:



Bitwings youtube video https://www.youtube.com/watch?v=zm_19ERgZSE also the same fake reviews:



Actually, person on this video has few videos, including video (https://www.youtube.com/watch?v=N8WvafXbwAI) for Smart Trade Coin ICO (Announcement topic: https://bitcointalk.org/index.php?topic=5059459.0 ) and this project is according to https://fintelreport.com/tag/smart-trade-coin  scam (I didn't check details) and, according to icobench, their team didn't pass KYC test.

Smart Trade Coin is based on 4 pillars:
The project areas and advantages of Smart Trade Coin are based on 4 pillars, which we summarize under the term Smart Trade Coin World.
...while bitwings is based on 2 pillars:
Quote
The WINGS MOBILE business model is based on two fundamental pillars
...but they actually have 5 pillars:
Quote
Fifth pillar: money is a means of payment.
source: https://bitwings.org/file/white-paper-2019-en.pdf

Except some random similarities, I didn't find any connection between these two projects, if anyone wants to compare whitepapers here is archived version of Smart Trade Coin's whitepaper http://web.archive.org/web/20190404191820/https://smarttradeico.io/stc-wp.pdf, anyway, this whole project sounds like cloud mining scheme.


Real question is, if Bitwing has phones and technology to mine without power consumption since April 2019, why the hell they need other peoples money? They don't, according to them, they already have money making machines.