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Welcome to Xycinews Media, this article about InsMeApp Review discusses a lot from how to earn with InsMeApp and answers to questions like, is InsMeApp scam? or is InsMeApp Legit?, how the referral system works and InsMeApp registration information.

The platform model isn’t new as platform like Digiads and a lot others have also done programs similar to this previously.

 

InsMeApp Review

Before going deep into this InsMeApp Review, on the website was published some useful information. According to the web page, it quoted that InsMe is an Authorized Affiliate Platform of InsHeart in Nigeria. 

In 2015, with the strong support of IG, dozens of the most popular European and American Internet celebrities has jointly founded InsHeart, an international online interactive community for IG users.

Therefore, InsHeart is focusing on bringing global IG users together, enhance communications with each other and give the best advice to IG so that they may also continue to improve.

Suddenly, during October of 2020, InsHeart opened its platform for the people in Nigeria by lunching the InsMe App. The member of InsMe can now earn extra income by helping to promote the ads of IG through InsHeart.

 

How Does InsMeApp Work

This first is that InsMe members can get rewards by just clicking like on the influential marketing contents in IG.

And additionally, InsMeApp aggressively augments promotion of internet celebrities who have talent but are still anonymous due to the lack of network resources.

Also, InsMe App has 9 different packages, one is free, and the other (8) are subscription-based. 

The platform platform claims to have a commercial agreement with Instagram, 10% of the influential marketing expenses paid by the IG merchants will be allocated to their (InsMe) members as rewards.

 

InsMeApp Review – InsMeApp Investment Plans

While documenting this InsMeApp review, I did my best to search and found no information on the founder of this platform. Nonetheless, below is the list of the entire investment plans presented;

 

FREE PACKAGE

Subscription fee: Free

Mission daily: 2

Validity: 10 days.

 

FIRST PACKAGE

Subscription fee: N1680

Mission daily: 3

Per Pay Mission: N28

Validity: 60 days.

 

SECOND PACKAGE

Subscription fee: N6888

Mission daily: 5

Per Pay Mission: N69

Validity: 60 days.

 

THIRD PACKAGE

Subscription fee: N62888

Mission daily: 25

Per Pay Mission: N125

Validity: 60 days.

 

FOURTH PACKAGE

Subscription fee: N148888

Mission daily: 38

Per Pay Mission: N195

Validity: 60 days.

 

FIFTH PACKAGE

Subscription fee: N298888

Mission daily: 70

Per Pay Mission: N213

Validity: 60 days.

 

SIXTH PACKAGE

Subscription fee: N638888

Mission daily: 140

Per Pay Mission: N228

Validity: 60 days.

 

SEVENTH PACKAGE

Subscription fee: N1488888

Mission daily: 290

Per Pay Mission: N256

Validity: 60 days.

 

EIGHTH PACKAGE

Subscription fee: N2988888

Mission daily: 580

Per Pay Mission: N258

Validity: 60 days.

 

NINTH PACKAGE

Subscription fee: N6388888

Mission daily: 1238

Per Pay Mission: N283

Validity: 60 days.

 

InsMeApp Referral Program

For every online platform, the referral model follows a pattern, all company wants to promote its product, app or site so they offer all potential users the opportunity to share their link, make a new member, and earn a bonus as reward.

There are 6 levels of the Individual Team Reward. They reward is 6% for the 1st level, 5% for the 2nd level, 4% for the 3rd level, 3% for the 4th level, 2% for the 5th level and 1% for the 6th level.

For example, when your 1st level in your team is having 100 people, and the total Mission Reward earned reward is $1,000, then you are eligible to get an Individual Team Reward of $60 per month.

The same calculation goes to the 2nd and 3rd level.

 

InsMeApp Sign up

At present, InsMe is only open to the Nigerian market, and the member registration is completely free.

The free member account may accept 2 missions daily for 10 consecutive days, and then the member is required to sign up the lowest package with InsMe to continuing obtain InsMe missions.

 

InsMeApp Registration

InsMeApp Registration on the site isn’t so complicated, but it’s really necessary to have the below information handy is a as it might be needed of you.

  • Email Address  
  • User Name  
  • Phone Number  
  • Contact Info  
  • Password

Basically, as long as a person is a Nigerian citizen with legal ID cards and bank accounts, they can simply sign up any package offered by InsMe.

 

InsMeApp Login

Before you have access to InsMeApp login page, it’s obvious you must registered successfully.

To login InsMeApp only the below is needed 

  • User name  
  • Password

 

Is InsMeApp Legit 

The InsMeApp platform has a clear and well outlined model, it’s currently legit and no complaints yet. Looking at the site duration, that’s encouraging.

The platform was created on the 6th of October in 2020 with a 2yrs duration. This could be a green light that it’s certainly staying around for long 

 

Is InsMeApp Scam

On the basics of this InsMeApp review, No one has reported it’s scam to me yet and due to number of logged files on my checklist, always share your opinion in the comments section. 

This will help potential Investors or users of the platform from falling prey. Likewise, don’t forget to also scroll down to check if there is any comment.

 

Disclaimer

This InsMeApp Review Article isn’t aimed at defaming InsMeApp nor is it targeted to promoting them. 

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with us via the comments box below so as to further improve this InsMeApp reviews.

400;”>Team Xycinews is no third party and we can’t handle any queries whatsoever. 

 

@The Blogger Scientist

 

Sharing Is Loving 💕

 

Naabiae Nenu-B is a Medical Health Student and an SEO Specialist dedicated to flushing the web off fake news and scam scandals. He aims at being "Africa's Best Leak and Review Blogger" and that's the unwavering stand of Xycinews Media.

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Review

Mirror Protocol Review – Is Mirror Protocol Scam or Legit Synthetic Asset Issuance

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Unfortunately asset tokenization has some real issues in terms of regulatory pressures and the technology necessary to make them work properly. Because of this early projects ran into regulatory issues and problems with incompatible technologies. 

Some early projects have focused primarily on digitizing physical assets such as real estate and gold, and these have seen a modicum of success.

Moving into the current blockchain industry we can see a trend towards tokenizing more abstract assets such as stocks and bonds. 

The ongoing DeFi revolution has created a tsunami of new products, primarily in two categories: Asset-Backed Tokens and Synthetic Assets.

 

Mirror Protocol Review

The Mirror Protocol promises the ability to trade equities (U.S. equities currently) 24/7 anywhere in the world by any person. The project does this by minting synthetic assets, or what they’ve named Mirror Assets (mAssets). 

It was created by and runs on the Terra Network, and is powered by smart contracts. The way they are designed, any mAsset created is meant to mirror the price behavior of the underlying represented real-world asset.

The mAssets created by the Mirror protocol are synthetic versions of their real-life counterparts. They mimic the price of the underlying assets, and can be traded on secondary markets just like the underlying assets.

The whole system is governed using the MIR token, and it is also used to incentivize staking to secure the system. There are five primary users in the Mirror ecosystem:

  • Traders
  • Minters
  • Liquidity Providers
  • Stakers
  • Oracle Feeders

 

Traders

This is the largest group of Mirror users. They are the ones buying and selling mAssets using the Terra UST stablecoin as a peg. This is done at Terra’s Terraswap AMM or at the Uniswap AMM run on Ethereum.

 

Minters

This is the group responsible for the creation and issuance of the mAssets. These mAssets are created by locking up collateral at an overcollateralization ratio that’s set by the governance parameters of Mirror. It works in a similar manner to the issuance of DAI by Maker.

 

Liquidity Providers

This group supplies the liquidity needed by AMM pools. In a similar fashion to Uniswap, the liquidity providers put in an equivalent value of UST and the mAsset at the AMM and as a reward they receive LP tokens that are funded by the trading fees of the pool.

 

Stakers

There are two types of stakers found on Mirror. The first are the liquidity providers who are able to stake the LP tokens they receive and receive staking rewards in the form of native MIR tokens based on the emission schedule.

 

Oracle Feeder

The Oracle Feeder is crucial to the Mirror ecosystem since it is the mechanism used to ensure that the mAssets retain a match with their underlying assets. The Oracle Feeder is an elected position and as of February 2021 the position is operated by the Band Protocol.

 

Mirror Protocol Terraform Labs

Because Mirror Finance was created by Terraform Labs and runs on the Terra Network it is important to know the background and who Terraform Labs is.

Terraform Labs is a company based in South Korea that was founded in January 2018 by Do Kwon and Daniel Shin. With $32 million backing from large venture capital firms such as Polychain Capital, Pantera Capital, and Coinbase Ventures they soon released the stablecoin LUNA.

 

The MIR Token

The MIR token is the native token of the Mirror Protocol and it is used for governance, for staking, and to reward liquidity providers. The rewards paid out come from the fees that are paid for closing positions on mAssets, for creating polls, and trading fees.

Mir was created with a fixed supply of 370,575,000 tokens, all of which will be released over a period of four years. Those who wish to earn MIR tokens can do so in three different ways:

  • By staking $LUNA, this requires the use of the Station Wallet desktop app.
  • By providing liquidity to MIR/UST pair.
  • By providing liquidity to any mAsset/UST pool pairs (non-BNB)

 

Is Mirror Protocol Safe and Credible

The Mirror Protocol went live on December 3, 2021 and has seen excellent adoption in the short time it’s been in existence. In addition to the web app that allows for trading, minting, staking, and governance, there’s also a mobile app for trading.

Additionally, Mirror has created bridges to Ethereum and to Binance Smart Chain that allows for seamless porting of mAssets between the chains. The Ethereum bridge was the first ever cross-chain bridge for synthetic assets.

Mirror has been very active in creating partnerships during its first two months of existence, and we would expect that they will continue spreading the availability of mAssets to as many platforms as possible, increasing liquidity and the user base as they go.

 

Is Mirror Protocol Scam

Governance in the Mirror Protocol is controlled by the MIR token. Anyone who is staking MIR tokens can participate in the governance of the system. 

The voting power of the user is determined by the amount of MIR that is being staked, and the more MIR staked, the greater the voting power.

It’s possible for anyone to create a new governance proposal, known as a poll, and in the first month of its operation Mirror saw 50 forum proposals and 60 on-chain proposals put forward. 

Note that in order to make a proposal it is necessary to stake a deposit of MIR tokens and if the proposal is not adopted that deposit is forfeit.

Having the ability to tokenize any asset and trade it freely from anywhere in the world at any time of the day or night is an amazing lead forward for finance. It allows people to enter markets they otherwise would never have access to, and it levels the playing field in terms of financial freedom.

 

Disclaimer

This Mirror Protocol Review Article isn’t aimed at defaming Mirror Protocol nor is it targeted to promoting them. 

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with us via the comments box below so as to further improve this Mirror Protocol review.

Team Xycinews is no third party and we can’t handle any queries whatsoever. 

 

Continue Reading

Review

Akropolis Review – Is Akropolis Scam or Legit DeFi Lending Aggregator

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Akropolis Review

Akropolis Decentralized was formed with a goal of creating a distributed savings and pension fund, but it has grown into so much more than that. It began with the AkropolisOS framework, which is for creators to make financial protocols, dApps, and DAOs.

The complete toolkit allows for the creation of smart contract driven decentralized finance products. Using AkropolisOS, developers are able to create platforms that allow users to invest, lend, save, and earn from their staked cryptocurrencies. It has even delivered a way to create under-collateralized loans, which is a unique spin on DeFi.

 

Akropolis Protocols

Akropolis protocol are several layers, with each responsible for the following separate functions:

  • Identity Management module (IM)
  • Accounting module
  • AFO maintenance and Governance Module
  • Network Governance module
  • Payment processing Module (C2FC Framework)

These features were included so that Akropolis can facilitate development of Autonomous Finance Organizations (AFOs). These are public or private entities that interact with internal and external capital providers (via pooling) and other stakeholders.

A Sparta pool member is able to request an undercollateralized loan by providing 50% of the collateral for that loan. The other 50% must then be staked by other DAO members.

 

Akropolis Founder

Ana is the CEO of Akropolis and a co-founder of the project. She is a University of Oxford graduate and brings a strong background in asset management to the project.

She has worked for a number of investment/fund management firms including Lehman Brothers before co-founding her own funds – Byhiras and Apiro Capital. 

In the past she held the position of Advisor to the Web3 Foundation, and was previously an Advisory Board Member for OpenMaker.eu which is an EU funded industrial incubator.

The entire Akropolis team is fairly small, and features a good deal of tech talent. The team includes CTO and Lead Developer Alexander Mazaletskiy who received a PhD in Automation and Machine Learning and has been involved in the blockchain space since 2010.

 

Is Akropolis Safe and Credible

Like so many DeFi protocols Akropolis was initially implemented on the Ethereum blockchain. However, it is able to be implemented on any blockchain with a Turing-complete virtual machine.

The AkropolisOS is the cornerstone of the project, built as a modular framework using OpenZepplin SDK and rooted in Façade software design. AkropolisOS was created to allow developers to set up and manage a DAO quickly, while also allowing for a diverse range of customizable features.

Akropolis has also built on Substrate, which led to the Polkahub and Polkahub Bridge solutions that integrates Akropolis with the Polkadot ecosystem.

 

Is Akropolis Legit 

With many of the Akropolis projects becoming open source and fully community governed it will be interesting to see how they fare. As the only platform that allows undercollateralized loans, Sparta shouldn’t have any problem surviving. 

And the possibilities inherent in the AkropolisOS are far greater than simple community banking and savings. I believe there are many other use cases that could spring from AkropolisOS.

Akropolis is still in the very early stages of its development, and it’s impossible to say what it might become in 5, 10 or 20 years time. 

With a growing community and the early implementation of new dApps the project seems to be gaining a life of its own, which is of course necessary for a DAO project to flourish.

 

Is Akropolis Scam

Primarily, Xycinews Media contents is to give an overview of platforms and what they entails to help you decide if proceeding with them or Investing only what you can afford to lose.

  • Do you think Akropolis is scam?
  • How you being defrauded?

With a lot of platforms on our desk to review for the general public, we might not be able to keep track of Akropolis on a regular. Please help us by dropping a comment and this will help other potential investors from falling prey or proceeding to invest.

 

Disclaimer

This Akropolis Review Article isn’t aimed at defaming Akropolis nor is it targeted to promoting them. 

This article is strictly for enlightening purposes and a honest guide from our perspective because we strongly believe every brand needs a good background check.

Therefore, you are at liberty to accept or reject this article and act base on your own perspective of the platform. You are encouraged to share your own opinion or views about the platform with us via the comments box below so as to further improve this Akropolis review.

Team Xycinews is no third party and we can’t handle any queries whatsoever. 

 

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Review

Maizap Review – Is Maizap Scam or Legit Explained

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The purpose of the platform was to provide access to investment and financial management of depositors by investing money in cryptocurrency, foreign currency, stocks, and also provides commercial loans to companies from diverse sectors.

 

Maizap Review

Maizap is a fund with open-ended marketing, which will allow you to earn from 3% to 4% per day. The platform has a high-quality technical implementation, accepts deposits in dollars and

cryptocurrencies, and also provides the opportunity to earn on a two-level referral program.

These are plans with a daily yield of 3% and 4%, which offer earning profits for an unlimited period.

The plans are designed for different investors: one of them is a more democratic one and is available with deposits from $20, the second one will interest depositors with more solid sums.

An interesting feature of marketing is that for each of the plans it has its own referral program.

  • Profitability: from 3% to 4% per day
  • Investment period: unlimited
  • Deposit amount: from $ 20-20000
  • Breakeven exit: from 34 to 25 days
  • Profitability per month: 90%-120%

 

Maizap Investment

  • Deposit limits: from $20 to $100000.
  • Accept payments: Bitcoin, Ethereum, Litecoin, BitcoinCash, Dash, Perfect Money.
  • Commission for transactions: none (keep in mind the commission of payment systems).
  • Minimum withdrawal: $1.
  • Profit withdrawal: up to 72 hours (on weekends withdrawal is not carried out).
  • Referral program: the commission of 4%-1% for an investment from $20 to $5999, the commission of 5%-1% from $6000 to $100000.

 

Maizap Founder

While documenting this Maizap review, I did my best to search and found no information on the founder of this platform.

I believe knowing the background record of a brand owner is a step forward into knowing how legitimate it is and the reputation of the Profile.

Maizap provides no verifiable information about who owns or runs the company on its website.

 

Is Maizap Legit 

This platform is currently rated as scam.

 

Is Maizap Scam

Always look out for the following before considering any online platform, expecially when your funds is involved.

  • Check if the site has a “contact us” web page
  • Avoid online Platforms that promises huge ROI.
  • Check if the site shows info about its company (name, address, country).
  • Check if the site has an “about us” or “company” web page.
  • Check if the site has a valid VAT or Partita IVA number (EU only).
  • Check if the platform is registered and certified to increase trust value.
  • Don’t be tricked by offers looking too good to be real, if it looks too good to be true, it could be a bait.
  • Check if the site has an active social presence (Telegram,Facebook, Twitter, Instagram)

 

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