Thanks for stopping by to read my Cloud Token Review.
This company has had quite the BUZZ and I’ve been following along since the very beginning.
Over the past few months the company has gotten tons of traction and some outrageous income claims.
So I decided to take a good look at the company, product(if one actually exists) and the compensation plan to see if this is legit or just a big ole scam.
Make sure you read until the very end to get my special bonus.
Cloud Token Review
Like most crypto MLM’s their is no information on who owns or runs this company.
This may or may matter to you it depends on the person.
I’ve thought about this a lot over the past year or so and I’ve come to the conclusion there is risk in EVERYTHING and the sooner you understand that the better off you are.
Whether Cloud Token tells you who owns the company or not doesn’t negate the fact it’s high risk.
Most of these companies have a small window to make money before the hype wears off.
The question is will you be one of the few who actually profit or lose?
You also have to ask yourself are you comfortable making money off a Ponzi when 97% of the people take a loss.
That is if Cloud Token is a Ponzi which is the burning questions here.
It’s also important to mention it can be very hard to determine what’s good and what’s bad.
I’ve actually fell into situations where I joined a program and found out weeks even months later they lied to you.
Some of these companies make their product or service look so good it’s even hard for a veteran to see the holes.
But most times if you look close enough and do your research there is transparency in everything.
Cloud Token Reviews – Comparison To Others
We still haven’t determined if Cloud Token is a Ponzi or not but lets get back to the “who owns the company” question.
Honestly does it really matter?
After seeing companies like Digital Altitude and MOBE go down it’s easy to say ANYTHING can go down these days.
DA and MOBE were both high ticket programs that were both very transparent with everything.
We knew exactly who owned the company, where they operated from, who the leaders were, what kind of money was being made, what the products cost and where the global events were happening.
The Government was still able to shut them down because their business practices weren’t up to Uncle Sam’s standards.
I guess what I’m trying to say ANY company can get shut down and it really doesn’t matter if you know who owns a company or not.
At this point in time what I can tell you is this.
The Cloud Token website “cloudtokenwallet.com” was registered back in January of 2019 so just a few months ago.
There marketing videos at their website are in Chinese.
Sheng Zhao and Simon Tran are two of the big names in one of the marketing videos over at the website.
Sheng Zhao is actually one of the World Blockchain forum co-founders so there is some credibility given there.
Simon promoted a similar program called Plus Token and Enagic.
Ronald Aai Cloud Token Owner?
After talking to some of the affiliates looks like Ronald Aai is the actual owner behind Cloud Token.
From what they were telling me Ronald has been around crypto for a while now in different projects.
I don’t know Ronald personally but he seems to be quite popular in Singapore and certainly so around the crypto smart wallet space.
That’s really all I have with who’s involved other then some big affiliate names and Ronald Aai himself.
How Is This Crypto Mobile App Different?
Listen I’ll be the first to say MOST of these companies are a dime a dozen and some of them get traction in the marketplace.
Cloud Token was able to get some momentum because of a few things which are:
- The Cryptocurrency Movement is Growing
- Mobile App Based Crypto MLM’s Have a Buzz..
- Some Key Leaders Got In And Promoted Heavily
- You Can Market in USA
I’m sure there were some other reasons but these are some of the big ones.
I know this because I’m familiar with some of the mobile app based crypto mlm’s that came before Cloud Token.
One in particular was Plus Token which gained lots of momentum.
I personally signed up with Plus Token because I knew I could put some of my crypto in there and they would pay me a % daily to hold it with them.
At the time I didn’t know anything except some of my friends were holding crypto with their mobile app based wallets.
I hadn’t seen anything quite like it so I initially joined for their product.
Of course putting in only what I was willing to lose.
You Don’t Hold The Keys
It’s always risk holding any crypto in these type of wallets because you do not hold the keys.
Even if you’re holding on Binance or some other highly creditable exchange if you don’t hold the keys (which you don’t) there is risk to lose all.
For example with Plus Token this is what happened after just a few short weeks.
I was told to get my crypto out of their (taking a loss in the process for withdrawal fees) and we could no longer use it in the USA.
Lots of risk definitely less so in countries outside of the USA.
Even if the product is great it’s very common for MLM comp plans to be the problem.
With Plus Token I was actually lucky to be able to at least get most of my initial investment out of the wallet.
I’ve seen companies shut their operation down or just stop paying you and disappear.
Cloud Token Products
You can decide if you like the product or not.
Personally I am always measuring risk and managing my portfolio.
Listen I’ll be the first to say I love the idea of storing my crypto on a mobile app wallet that pays me a % daily to keep it there.
Only problem is this…
The possibility when the hype wears off that the company can’t sustain paying out these daily percentages.
At the end of the day it’s very important there is REAL trading happening and it’s not just paying affiliates with new affiliates coming in.
Now I have not personally seen proof of trading but they could be trading.
I don’t know for certain and there are MANY people in the company that claim they are trading and their services are incredible so could be the case.
If the company is paying the end user with the crypto being invested by new people that is a problem.
But it’s like that with ANY company and lets face it MOST companies are taking ‘Peters’ money to pay ‘Paul’ whether it’s a crypto wallet or a health and nutrition product.
Most companies are Ponzi’s in some way, shape or form.
Cloud Token Compensation Plan
There is a minimum investment of $500 to take part in Cloud Token.
According to the company they promise you’ll get 10 – 15% in returns monthly on your investment.
You can earn commissions if you bring other people into the company.
It’s a uni level compensation plan.
The can get paid on levels 1 through 21 which is all determined on how many people you are able to sign up.
Referral commissions are paid out on daily returns
Cloud token also has rank, generation and revenue share bonuses as well.
Cost To Join Cloud Token?
As I mentioned earlier there is a minimum investment of $500 paid in crypto to use the Cloud Token wallet.
My Cloud Token Conclusion – Scam or Legit?
At the end of the day you have to ask yourself a few questions.
One of them being what is your appetite for risk.
These Mobile App based crypto wallets are VERY COOL and have lots of buzz but just how safe is your crypto?
Just make sure if you do decide to join DO NOT risk more then you are willing to lose.
It’s very possible that Cloud Token could be around for the long haul learning from their older brothers who failed like PLUS etc.
They certainly have a huge movement and many claim their wallet and products are great.
No doubt about it that marketers use the hype to build FAST and earn big money but that’s typical in ANY company so really nothing wrong with that.
The value is in the wallet, earning a daily % and some of the ways you can use Cloud it’s NOT in their CTO token.
Possibly their token could become more popular with time but right now in the real world it’s useless.
Cloud Token claims they produce ROI with Jarvis AI bot maybe they do I just haven’t seen it personally.
I’ve seen company owners walk through mining facilities claiming it was there’s only to find out it was all lies to keep that momentum going.
Sad and very common around the crypto space unfortunately.
I’m not going to call Cloud Token a Ponzi because it’s very possible it’s not.
I just want to point out a few things if it helps.
Number one there is no guaranteed shelf life this could go on another year or close down tomorrow.
Secondly you have to really ask yourself if they are truly making money outside of people just buying into the ‘idea’ then paying out commissions on these signups?
If Cloud Token has actual trading and there wallet goes mainstream which is very possible maybe you have your hands on something good.
I will say this, I REALLY do like these crypto wallets that pay you for holding crypto and people absolutely love it.
What Would I Do?
I have been watching these wallets very closely over the past year or so and there has always been something missing.
However just recently a brand new crypto smart wallet has entered the market and I truly believe it’s the one if you will
It’s the EXXA Wallet and so far everything I have looked at has completely blown me away.
These guys have been around these crypto wallets since the very beginning and have it down to a science.
They are completely transparent and well respected around the crypto space.
I do love these crypto smart wallets and this is the first one I chose to get involved with and promote.
Click Here To Read My Full EXXA Wallet Review
Ready To Take Your Business To The Next Level?
Whether you plan on joining Cloud Token or not I want to mention something before you go.
If you are reading this I’m guessing you are looking to make money online correct?
If you aren’t doing it the right way it’s going to be difficult to succeed.
I know this because it took me YEARS before I finally figured it all out.
Would you like to see a proven system that almost guarantees your success if you are willing to learn?
If the answer it yes get my free training here:
Wishing You Only the Very Best!
Also…
Add me as a Facebook friend: here
Let’s connect on media: here
P.S. Don’t hesitate to reach out to me. If you have any questions at all you can leave them in the comments or just send me a message on Facebook I am here to help!
Leave a Reply