Tower Staking Review: AI ruse MLM crypto Ponzi
Tower Staking fails to provide ownership or executive information on its website.
Tower Staking’s website domain (“towerstaking.com”), was privately registered on July 18th, 2023.
In an attempt to appear legitimate, Tower Staking provides a corporate address in Iceland on its website. The address is used by multiple virtual address service providers.
It is unlikely Tower Staking has any actual physical ties to Iceland.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Tower Staking’s Products
Tower Staking has no retailable products or services.
Affiliates are only able to market Tower Staking affiliate membership itself.
Tower Staking’s Compensation Plan
Tower Staking affiliates invest USD equivalents in cryptocurrency.
This is done on the promise of advertised passive returns:
Advance (daily withdrawals)
- invest $250 to $1000 and receive 20% a month
- invest $1000 to $4999 and receive 25% a month
- invest $5000 or more and receive 30% a month
Pro (withdrawal once a month)
- invest $250 to $1000 and receive 30% a month
- invest $1000 to $4999 and receive 32% a month
- invest $5000 or more and receive 35% a month
Full Pro (withdrawal once every 3 months)
- invest $250 to $1000 and receive 35% a month
- invest $1000 and receive $4999 and receive 37% a month
- invest $5000 or more and receive 40% a month
Premium (withdrawal once every 6 months)
- invest $250 to $1000 and receive 40% a month
- invest $1000 to $4999 and receive 50% a month
- invest $5000 or more and receive 60% a month
Tower Staking pays referral commissions on invested cryptocurrency down two levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 20%
- level 2 – 10%
Joining Tower Staking
Tower Staking affiliate membership is free.
Full participation in the attached income opportunity requires a minimum $250 investment.
Tower Staking solicits investment in various cryptocurrencies.
Tower Staking Conclusion
Tower Staking represents it generates external revenue via vague AI laced waffle:
We bring together the power of AI and quantum computing to offer you a unique and passive opportunity in the world of cryptocurrencies.
Our team of skilled programmers has developed a revolutionary system that allows you to hold cryptocurrencies without the risk of financial loss.
Whether it’s trading or staking, our technology ensures that your portfolio is strategically optimized for maximum returns, all while maintaining a zero-risk approach.
Tower Staking fails to provide verifiable evidence it generates external revenue of any kind.
Furthermore, Tower Staking’s business model fails the Ponzi logic test.
If Tower Staking was able to legitimately generate 60% a month on a consistent basis as advertised, what do they need your money for?
As it stands, the only verifiable source of revenue entering Tower Staking is new investment.
Using new investment to pay affiliate withdrawals would make Tower Staking a Ponzi scheme.
As with all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.
This will starve Tower Staking of ROI revenue, eventually prompting a collapse.
The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money.
Update 22nd March 2024 – Tower Staking has collapsed.
As at the time of this update, Tower Staking’s website is no longer accessible.
Quantum computing, huh. They don’t even care to be convincing. We miss the old MLM scammers selling 818 different irrelevant products.
My father in law is deep into this idiocy. He has tried recruiting my wife and her siblings multiple times.
No way to tell him otherwise unfortunately. Appreciate the visibility on this shit scam.
SCAM. They closed and took everyones money !!!!
Yes, Tower was a complete scam. I and 1,000’s just lost everything. It just closed today, 03/21/24.
bitcoinqueen, millionaire maniacs, and other sites she has developed are all scams she is referring everyone to this site as a btc coin expert.
She may or may not be a part of the scheme but she certainly made $1,000’s via referrals.
Tower Staking rugged on March 20,2024. In a what’s up post to the private group, the Crypto Queen shared a screen shot of the server for towerstaking.com was disabled.
Thomas, Peter, and Adrianna (acct mgrs who all were weekly attendees on Queens zoom meetings) had all disappeared with no communication.
Such a shame that the Crypto Queen had benefited from ponzi money by posting YT videos showing commission withdrawals of $5k and other amounts. AI Quantum Computing and PoS.
The Crypto Queen even had a 2 page doc showing due diligence and a staggering claim of $1.9B in liquidity. The Valencia Spain trip in June…the increased ROI % each month, and the Russian accent of Thomas….
So, family bless up and ask yourself: was the Crypto Queen in on it??? She actively recruited people to this Ponzi scheme. Now that’s disturbing!
Tower Staking was a scam before it inevitably collapsed but thanks for the update. Confirmed.
Also there’s only one crypto queen round these parts: OneCoin’s Ruja Ignatova. Who is this Telegram Ponzi imposter?