Laser Miner 360 (LaserMiner360.me) is a crypto mining and asset management solution which makes some bold claims. Their platform is an epitome of a scam program and the returns advertised by them is around 600%.
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The duration of the plan is unknown and as expected there aren’t any details about the owners of this firm. New and inexperienced investors will definitely feel tempted to join this organisation because of the seemingly easy way of making money but do not let those flashy promises mis-guide you.
To know how this firm actually works and why you should avoid them, continue reading our impartial review.
Company and Contact Details
Regardless of what kind of economic activity this firm might be involved, all the services which takes in people’s money in the name of investments have to get registered and regulated depending upon the law of the country they are situated in. Laser Miner 360 is an ICO which raises funds from a bunch of investors in order to trade and mine certain cryptocurrencies and in return they promise the investors some dollar figure amount after the contract expires.
This firm shows UK address but when we checked FCA website we did not find any information about them which clearly proves that they are operating outside the law.
This platform does not showcase their certificate which might be intentionally done, without seeing their legal documents how can they expect the visitors to trust them? The support team of this ICO can be reached through email and telephone.
Phone – +44 2033897363
Email – [email protected]
Address – 54 Rose Avenue, Nether Poppleton, Y026 6RU, United Kingdom
How does Laser Miner 360 Work?
This platform says that they are involved with mining various cryptocurrencies but does not provide any further details. There is a long list of their alleged data centers but the exact location are not disclosed, for all that we know they might be bluffing.
Furthermore the equipment they use and their mining capabilities are not mentioned. We do not know their output capacity and their profit margins or even their break even point.
They also claim to be involved in trading the crypto markets and as expected they have not provided in-depth explanation about it either. We as investors are never briefed about the strategy this firm follows and the type of market management methods they have incorporated.
They do not even have the courtesy to show any performance report of the account they have handled which should tell you a lot about their legitimacy.
The amount of profits depends upon the the plan chosen. Investors are pushed towards spending more money for quicker returns but never let the impulsiveness affect your decision. Below we have listed the details of the investment plans, don’t they look unrealistic to say the least.
Returns – 114%
Duration – 24 Hours
Minimum Deposit – 0.01 BTC
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Returns – 300%
Duration – 5 Days
Minimum Deposit – 0.2 BTC
Returns – 600%
Duration – Not Specified
Minimum Deposit – 1.01 BTC
Fake shemes need marketer’s support to keep their business alive and last as long as they like. The only way for them to reach the masses is through offering a referral program wherein the advantages are skewed in their favour. Any individual who is willing to promote them can do so by signing up with them.
The affiliates are only required to send traffic through their custom link and whenever a referral turns into a customer they get paid certain percentage of the cumulative deposit amount. There is multi-level pyramid program which means the revenue of the promoters can be further increased if they recruit more marketers. Shortly put the affiliates are never at risk.
This website is a few months old but still there isn’t any data about them on alexa.com and similarweb.com. Here are few key details we have gathered from whois.com:
Domain – Laserminer360.me
Registered On – 03/12/2017
Expires On – 03/12/2018
Can I Trust Laser Miner 360?
You Should not,
First of all they do not have proper legal licenses to carry on the type of operations they are currently indulged in. There is no solid evidence to support any of their bold statements and the details of the creators of this platform is not disclosed.
Most of the trusted solution out there provide the users with practise accounts so that they can see the effectiveness of the system in real-time without spending any money, since this platform does not even offer demo account it means that they do not have anything worth your money to offer.
Laser Miner 360 Review Conclusion
Laser Miner 360 is a fancy fraud which will make you disappointed if you invest with them unknowingly or by mistake. Their whole platform closely resembles a ponzi scheme and the operational model they follow is unpredictable. Whenever you see unrealistic returns being offered by anyone you should always be very reluctant to give them any money as the chances of getting them back are almost zero.