The trading platform for the myWorld Share is being touted as an innovative solution for share trading. However, a thorough analysis of the terms and conditions reveals significant restrictions and risks to which potential investors are exposed. While the advantages for shareholders are negligible, the regulations appear to be clearly designed in favour of the […]
For years, myWorld has been promoting the alleged imminent IPO – a plan that increasingly appears to be a failed marketing tool. The latest developments highlight the company’s deep structural problems, which not only question its credibility but also raise the question of whether an IPO was ever seriously planned. Although myWorld is propagating a […]
EliteClub transferred up to €500,000 a day to an account held by the now-closed EURAM Bank. The European American Investment Bank AG (Euram Bank) was closed by the Austrian Financial Market Authority (FMA) in October 2024. The main reasons for this measure were serious deficiencies in money laundering prevention and significant financial problems. All accounts […]
The future of Lyconet and myWorld is under an unlucky star. The ambitious announcements made by the company for 2025 are met with skepticism and criticism. An analysis shows: the prospects are anything but promising. Questionable trading platform and almost worthless shares In January 2025, the first payouts for the Mediaboxes are to be made […]
It is a widespread human behaviour: we often follow the lead of others because we assume that the majority cannot be wrong. However, it is precisely this phenomenon that is deliberately exploited in cases of MLM (multi-level marketing) fraud. Many victims report that they allowed themselves to be infected by the euphoria of others. The […]
Why Blocktrade and its partners are having trouble getting established! The latest AMA (Ask Me Anything) from Sam Tan, the new beacon of hope at the helm of Blocktrade and eSync, should shed some light on the situation. Tan tried to present a vision for the future and regain the trust of investors. But despite […]
People believe that bad things happen less to them than to others. They are therefore too optimistic – even when there is actually no good reason for it. In the case of fraudulent MLM schemes, it works like this: A trusting investor thinks: ‘The cases of fraud I hear about may happen to others, but […]
The announcement of a new era at Blocktrade has attracted a lot of attention in recent weeks. Under the banner ‘EPIC Blocktrade’, the platform is to be comprehensively transformed. With a broader range of services, including a gaming centre and investment diversification, a global marketplace for tokenised assets is to be created. In addition, the […]
Blocktrade continues to fall short of its own promises. Neither the introduction of eCredits nor the BTEX token have achieved the hoped-for success. Instead, both prices are in a sustained decline, and a long-announced IPO has not yet taken place. The shares, which were advertised as highly promising, also offer no prospect of monetisation. Customer […]
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