Is Cloudtoken the new Bitconnect? Does it really pay you to HODL?

Cloudtoken is a crypto wallet with an AI trading bot attached.

You delegate your money to the trading bot and in return it will give you 6-12% “interest" per month. This interest - or trading profit - is credited to your wallet daily.

Aaaand, it has a whole multi-level pyramid of referral bonuses attached.

Just. Like. Bitconnect.

So how is Cloudtoken different from Bitconnect?

• The company and leadership team are very transparent. You can follow Ronald Aai - the CTO - on Facebook.
• Registering with the trading bot doesn’t require you to give any of your details away - no email address, no phone number. It’s completely anonymous.
• The trading bot has been publicly demonstrated on several occasions, as a quick Google- or Youtube search will show you
• You can send funds in BTC, LTC, ETH and Doge right now - more cryptocurrencies are planned in the future
• You can withdraw your funds anytime. ANYTIME. You do NOT have to lock them up for a year or so. Only in the first 30 days you’re gonna have to pay a penalty of 10% for early withdrawals. That’s it.
• You earn between 6-12% per month
• The vision of Cloudtoken is huge and includes a whole ecosystem with merchants and debit cards, etc. Of course this is all just a concept right now - who knows how much of it will come true and by when.

To to be honest…

If we look at the project and COMPLETELY IGNORE the multi level marketing part - we actually quite like its promise and vision. We like that the company is so transparent. Of course that makes it also very vulnerable to regional regulations.

We like the fact that regular people like you and us can now use trading bots in an easy way, and receive a share of the profit. These things were previously only available to rich people.

What we don’t like

The MLM part. Ugh... We really REALLY don’t like that part. Don’t get us wrong, we do appreciate affiliate commissions just like the next person. Who doesn’t? We will be HAPPY if you use our referral code to sign up.

We are just very suspicious of these deep bonus structures. It may be a cultural thing - we know they’re very popular in some parts of the world, but we are very sceptical of them, because we believe that people often recommend those products or services just for the financial rewards, not because they actually believe in the product. Which makes the whole thing very inauthentic and the "sales people" hard to trust.

So why are we still posting our referral code here?

We believe there is a difference between sharing & supporting and selling.

We think there’s nothing wrong with receiving a financial reward from a service provider (Cloudtoken in this case) for sharing information that can be useful to you, and that might make that service provider money. As long as it’s done in an honest way, by sharing ALL the facts, not just the good ones, so that you can make an informed decision for yourself.

We don’t want anyone to feel "sold to", or “talked into something”. In fact, we wouldn’t recommend you to join now that the app is still very new, because there are still quite some bugs that can send you into panic.

The only people who should join now, are cryptocurrency enthusiasts and hard core believers in this trading bot. Or the total opposite: gamblers! People who are happy to take a high risk and who have a little money “left over” that they can afford to lose.

So, you will never see us make big promises about how much you can earn - there are enough telegram or facebook groups for that (we will make an extra post on that). There are plenty of marketers filming themselves in their fancy cars, promising you, that YOU CAN HAVE THAT TOO, if you just sell, sell, sell… Ugh!! Nope, that will never be us!

We aim to be the “quiet supporters” in the background, who make sure you know what kind of risk you’re taking, but also help you minimise it as much as possible, and help out, when you run into issues.

And for that kind of support, we’ll happily accept referral bonuses from Cloudtoken.

Learn more on our website:

Why did we join?

Because we like testing new things. We are explorers and adventurers when it comes to new technologies and passive income opportunities. We are prepared to fail. We will survive it.

We do not like judging something from the outside and scream "Scaaam!!" right away, instead, we invest time and risk our money to experience it from the inside and draw our own conclusions.

We also know that you reap the highest rewards, when you take the highest risks. That’s why we’re joining this project early, so we can accumulate CTO tokens while they are still cheap. (So far they only went up from $0.30 to $0.47, but that's already more than 50%...)

Is this a scam?

Many people will think so. They may be right. Who knows.

We don’t believe it’s an intentional scam, but of course there is a possibility that this project will fail. Many new companies fail, and many with a similar business model have already failed. As long as you’re aware of that and you only put in the smallest possible amount of money that you have left to “gamble” - you can minimise your risk.

Speaking of minimums:

• You can start with small amounts of 0.01 ETH just to use the trading bot.
• If you want to make use of the referral commissions, then you need to have the equivalent of $500 in the trading bot at all times. Beware of crypto volatility - better put a little more to be safe - because on days that you slip below $500, you won't receive referral bonuses.

We have been participating for about a month now, and so far everything has been going well and the payouts are coming. There have been a few hiccups, but they have all been solved.

We’ll keep you posted on how it goes, as soon as our Mana has recovered and we can publish the next article.

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• Find more info on http://cloudtoken.strikingly.com and on our blog on Publish0x.
• Referral code: 0498241178
• The Cloudtoken app is available on the App Store and Play Store and through the official Cloudtoken Website: http://cloudtokenwallet.com

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This is highly risky! If you do decide to join, view it as a gamble and only put in money you can afford to lose!