Scams Radar

The Company Overview

On its website, Core Various omits management and ownership details.

The domain name “corevarious.com” for Core Various’s website was first registered in May 2023. The most recent change to the private registration was made on May 27, 2024.

According to SimilarWeb, the biggest sources of traffic to Core Various websites as of December 2024 were Nigeria (7%), Bangladesh (20%, down 86% month on month), Uganda (9%), and India (63%, down 89% month on month).

The person in charge of Core Various most certainly has ties to Bangladesh and/or India. However, recruitment in these nations seems to be failing, with Africans increasingly being singled out.

Overview of Core (CORE)

  • A DeFi system called Core (CORE) removes middlemen to improve accessibility while facilitating lending, borrowing, and yield farming.

 

  • Its user-friendly interface guarantees greater accessibility and usability for a wide range of users.

 

  • Core uses smart contracts to provide transparent and trustless transactions on a strong blockchain infrastructure.

 

  • In order to encourage scarcity and investor confidence in the ecosystem, CORE’s tokenomics incorporate a limited total supply.

 

  • Strategic alliances and active community involvement spur innovation and increase Core’s usefulness in the DeFi environment.

Key Features of Core

The Core protocol stands out in the field of decentralized finance thanks to a number of important characteristics. These qualities help to establish it as a competitive competitor in the market in addition to improving its functioning.

  1. User-Centric Design: Core places a strong emphasis on an easy-to-use interface that streamlines interactions and makes decentralized finance available to a wider range of users, including those with little technical knowledge.

  2. Interoperability: By enabling smooth integration with many blockchain networks, the protocol enables users to conduct transactions across platforms without the need for middlemen, which boosts productivity and lowers expenses.

  3. Security Protocols: To safeguard user assets from any attacks and build user confidence, Core uses cutting-edge security techniques including multi-signature wallets and frequent audits.

  4. Scalability: Core uses cutting-edge methods to ensure performance stays constant even during periods of high use, and it is built to manage growing transaction volumes.

This scalable design is necessary to accommodate increases in user uptake and transaction frequency.

These fundamental characteristics contribute to Core’s attractiveness, establishing it as a strong and dependable solution for those looking to traverse the complexity of decentralized banking.

Technology Behind Core

Core’s (CORE) technology is based on a solid blockchain architecture that ensures transaction transparency and security.

This infrastructure is enhanced with powerful smart contract capabilities, which allows for automated and trustless interactions between users.

These parts work together to create the backbone of Core’s operational structure, allowing for greater efficiency and scalability within the ecosystem.

Core Various’ Products

Core The CORE cryptocurrency is invested in by a number of affiliates. On the promise of 3.33% every day, this is carried out.

Recruiting affiliate investors is how Core Various’s multilevel marketing division makes money.

Upgrade Bonus

Any investment upgrades made by affiliates they personally recruit within the first 30 days are matched 100% for Core Various affiliates.

Magic Income

Core Various pays “magic income” as a match on new investment volume generated across a unilevel compensation structure.

Every individually recruited affiliate is positioned right behind the top affiliate in a unilevel pay scheme (level 1):

GrowthClub Networking Scheme

New affiliates are added to level 2 of the original affiliate’s unilevel team if any level 1 affiliates hire them.

Level 2 affiliates get promoted to level 3, and so on, down an almost limitless number of levels, if they bring on new affiliates.

“Magic income” is paid on investment volume generated in each unilevel team leg as follows:

  • 0% for the first unilevel team leg

 

  • Second unilevel team leg – 5%

 

  • Third unilevel team leg – 10%

 

  • 15% for the fourth unilevel team leg

 

  • Fifth and subsequent unilevel team legs – 20%

 

According to Core Various, each leg pays “magic income” in a “unlimited depth of levels.”

Joining Core Various

It seems that Core Various affiliate membership is free. There are no minimum investment amounts mentioned.

Unrealistic Promises

The website boasts of disrupting the global financial environment and changing the face of money in the future. Scammers often utilize such inflated claims to entice unwary people.

Lack of Verifiable Information

Limited verifiable information about the business, its employees, or its actual location is available on the website. Reputable financial sites often provide clear details about how they operate.

High-Risk Features

The website provides a number of high-risk financial services, including cryptocurrency arbitrage and flash loans, but it does not clearly comply with regulations or sufficiently describe the hazards involved.

Token Offering

As is typical in cryptocurrency frauds, the website advertises CLHC, its native coin. Platforms that actively advertise their own coins might raise suspicions among investors.

Testimonials

Testimonials from people in other nations are included on the website, however they can be faked to give it a false impression of validity.

Roadmap and Future Promises

Without hard proof of present performance, the comprehensive strategy and aspirational goals for the future, such as branching out into other industries, may be a ploy to draw in investment.

Core Various Conclusion

Core Various is a clear-cut MLM cryptocurrency scammer that seems to have already had one or more failures.

At first, Core Various was looking for investors to purchase CV tokens:

The Core coin is mentioned on the Core Various website, which now encourages investment in DAO tokens. I’m not sure where DAO originates from since Core’s token code is CORE.

In any case, Core Various is a Ponzi scheme as the only confirmed source of income coming in is fresh investment. The MLM division of Core Various functions as a pyramid scheme as nothing is advertised or offered for sale to retail clients.

Like other MLM Ponzi scams, fresh money will stop coming in as soon as affiliate recruiting stops.

Core Various will ultimately fail as a result of this deprivation of ROI income.

Ponzi schemes’ mathematical foundation ensures that most participants lose money when they fail.

Trust Score of World Trade Coal

 Given World Trade Coal very low trust score, there is a good chance that the website is a hoax. Use caution when accessing this website!

Our algorithm examined a wide range of variables when it automatically evaluated World Trade Coal, including ownership information, location, popularity, and other elements linked to reviews, phony goods, threats, and phishing. All of the information gathered is used to generate a trust score.

Positive Highlights

Negative Highlights

Other Infromation:

WHOIS data : hidden
Owner : REDACTED FOR PRIVACY
Country : United State
WHOIS registration date : 2023-05-31
WHOIS last update date : 2024-05-27
WHOIS renew date : 2027-05-31
Website : corevarious.com
Title : Core Various
Traffic Coming From : NL

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