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REASONS WHY SMARTMULA.COM IS SCAM

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REASONS WHY SMARTMULA.COM IS SCAM

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THIS IS WHY YOU SHOULD NOT INVEST IN SMART MULA

Smart Mula is new Online Investment Platform emulating the Green Monday and Other Famous Ponzi Schemes.
Is smart Mula Legit
The website is gaining popularity due to its attractive deals especially in countries such as Kenya, Uganda, Tanzania, Zambia, Burundi and Rwanda.
Some of its earning features attracting many people are questionable which is the reason
for this review to give an honest analysis as to whether Smartmula technologies is worth joining or not.
Website: www.smartmula.com
Price to Join: About $5 

What Is a Ponzi Scheme?

A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. A Ponzi scheme is a fraudulent investing scam which generates returns for earlier investors with money taken from later investors. This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers.

Both Ponzi schemes and pyramid schemes eventually bottom out when the flood of new investors dries up and there isn't enough money to go around. At that point, the schemes unravel.

How SmartMula Works/ How to Join

Joining Smartmula is not free. There's a
mandatory fee which one must pay which is
equivalent to Ksh 450 in Kenya. In other
countries the registration fee is as listed
below
.UGX 15,000 in Uganda
ZMW 90 in Zambia
TZS 12,000 in Tanzania
.RWF 4,500 in Rwanda
.BIF 17,000 in Burundi
The creation of account will not cost you
anything, but for you to access the features
of the platform, you'l have to pay the
activation fee. The fee is paid once without
any renewals.

SmartMula.com Ways
of Earning

Smartmula has various ways of making
money where referring is the primary
method.
Each of these methods of earning legitimacy
is questionable especially given that the
website has only one source of income
which is the joining fee new users pay.
Below we have discussed some of Smart
Mula methods of earning;
Referral Program
Smart Mula referral program is available to
all active users who want to earn
commission when they invite people to join
As soon as you sign up, you'll be given a
referral link which you can share with your
social media followers or friends once they
join you get commission.

Withdrawals and Payments of Smartmula.com

Withdrawing can be done anytime after Reaching the Payment threshold.
To Recieve funds it takes between 24 hours .

Other Methods You can Earn from Smart Mula

1.Watching YouTube Videos.
2.Writing Articles.
3.Quizzes
4.Playing Games.

These were our Findings about the Website of SmartMula.com

Positive highlights
This website has been reviewed mainly positively

We found a valid SSL certificate 

Negative highlights
The identity of the owner of the website is hidden on WHOIS

The Alexa rank (how much traffic) is rather low

The server of the site has several low reviewed other websites
We received reports that this website sells fakes 

This website has been voted to be a scam & Scamadviser

This website has a lot of reviews while being very young

The age of this site is (very) young.
The website launched a few days back.

Is Smartmula.com
Legitimate or Complete Scam?

Smartmula.com is not a legitimate platform.
It has pyramid scheme features which
means it only make money when new people
register. It has no products for sale. All their
methods of earning are depending on new
people joining whcih is not sustainable and
eventually they'll Smart Mula agencies will
collapse.
However, there are people making money on
the Smartmula considering it's new and was
just launched on April 30, 2022. You'll only
make money if you refer other people.
Otherwise, if you're not good at recruitting
people don't join the platform.
Otherwise You will end Up Creating Enemies for Yourself.


Post a Comment

4 Comments

  1. I am Lizzah Hazzil, this post about Smartmula being a scam was created by people of another platform.... Contact me on Whatsap 0713410798 I'll tell you the owner of Smartmula...

    ReplyDelete
    Replies
    1. Give me your full number with country code we talk privately about smartmula

      Delete
  2. This is so wrong, Smartmula is a very Legit plartform,and it is not anything close to a ponzi scheme,iy is 4 months now and it's still working,come back here after 10 years and it'll still be there!

    ReplyDelete
    Replies
    1. Ponzi Scheme actually pay people for some period.Its well stated in the Article

      Delete