Token Guard (token-guard.com) claims to be the ultimate solution for all your investment needs which supposedly generates 5% per day. There is no evidence to prove that they are profitable.
This service has been around for 35 days as of publishing this article.
While we were investigating this service, we were quite convinced that we are dealing with a ponzi type scam.
Continue reading our full review to find out why we recommend all our readers to stay away from this fraudulent platform.
Company and Support
Companies providing financial services are required to be regulated in most countries. Token Guard represents an ICO wherein they raise money for investment purposes from general public and compensate them by promising them a fixed amount of money after certain time period.
While we were trying to find certificates confirming licenses this firm should lawfully hold, there weren’t any. We have confirmed through FCA, Token Guard Inc LTD has never been licensed which means they are are operating outside the law.
On their website they feature some type of registration document along with a physical address but remember that just because they have incorporated a company does not mean they are authorized to provide financial services.
Claiming to be a registered company is just a gimmick used to appear legitimate and trustworthy in front of people who does not know much about this industry.
Token Guard states that it tracks at least Top 30 ICO projects from around the world and buy a pool of tokens in the pre-ICO stage. There are more than 1000’s ICO which pop up and disappear very frequently. They say that their main advantage is that they have more than one year experience in this field which has helped them develop their own behavioral model along with software for primary analytics of the project. This approach supposedly filters out all the garbage projects and shows only the worthy start ups. This explanation may sound theoretically possible but the variables which affect the ICO can’t be filtered out with the kind of precision as portrayed on their platform.
What kind of returns does Token Guard offer?
The returns offered by this platform are not only difficult to achieve but also highly unlikely. There are 5 investment packages offered by this platform which are
1. Ethereum Investment Plan
Returns – 1.3% daily
Minimum Deposit – $30
Deposit Period – 35 days
2. Litecoin Investment Plan
Returns – 4.2% daily
Minimum Deposit – $20
Deposit Period – 30 days
3. Bitcoin Investment Plan
Returns – 3.6% daily
Minimum Deposit – $50
Deposit Period – 50 days
4. VIP 1 Investment Plan
Returns – 4.4% daily
Minimum Deposit – $200
Deposit Period – 44 days
5. VIP 2 Investment Plan
Returns – 5% daily
Minimum Deposit – $500
Deposit Period – 50 days
If you invest with their basic plan which claims to generate 1.3% daily, you can easily get 146% return on investment after just 35 days. Isn’t it too good to be true?
Token Guard features a referral program wherein it provides attractive incentives to anyone who promote their platform. The affiliates are paid anywhere between 1% to 6% of the deposit amount made by their referrals.
Remember that affiliates are not required to be an active investor to get their commissions checks which is the main reason why many are promoting this platform. Simply put at the end of the day, they will make money not you.
Deposit and Withdrawal
The minimum deposit amount is $20 and the minimum withdrawal amount is $0.10.
The e-wallets accepted by this platform are Bitcoin, PerfectMoney, Payeer and advcash.
They state that the withdrawals are processed within 24 hours.
According to whois.com this domain was registered on 26/02/2018 and it expires on 26/02/2019.
This website has a global rank of 840,588 and it ranks 54,675 in Russia according to alexa.com.
The majority of the users coming to this website are from Russia, Vietnam, Venezuela, India and Ukraine.
This website has DDOS protection in place.
Is Token Guard a Scam?
Operating without proper license and the anonymity maintained by the creators are some of the main red flags seen in this service.
If they were really a legitimate solution they would have offered at least a free trial period or money back guarantee to test out their platform.
Token Guard Review Conclusion
Token Guard is just a ponzi scheme which might pay you initially but do not have high hopes as they will eventually run away at your expense. Say no to any offers which are too good to be true.