If you’re looking for a good UnitLab review that will answer your questions before you join, then this is it!
There are many companies that are out there that are promising that you can earn a passive income, which is really enticing.
The problem is, that there are also many companies that are scams and are designed to only run for a short amount of time.
Those are the companies that you need to avoid if you’re looking for solid passive income.
Today, I am going to address all your questions about UnitLab to see if this company is either a good company that you can rely on and earn passive income or a scam that you should avoid.
With that said, let’s dig in and get started.
UnitLab Review – Overview
|1. Company: UnitLab|
|2. Type: HYIP, Crypto, Referral Program|
|3. CEO: Unknown|
|4. Cost: Minimum $10|
|5. Payment/Withdrawal Methods: Bitcoin, and Ethereum|
|6. Money-Back Guarantee: None|
|7. Support: [email protected]|
|8. Website: https://unitlab.io/|
|9. Low/Medium/High-Risk?: High|
Quick Summary: UnitLab is an investment company that offers an investment plan for members to earn a 2.77% daily ROI through their profit strategy of building blockchain auction technology and blockchain storage facilities that run on the UST blockchain platform.
For reference, the company is referring to UST as being their own “Unit Search Technology” blockchain platform, NOT the UST stable coin on the Terra blockchain.
This company attracts people that are interested in:
- Passive Income
- Referral Programs
While I can agree that many of the aspects that I listed above will be attractive to many people, we still have to do our research before diving into anything that we are going to invest in, whether it is our time or money.
Here is a breakdown of the pros and cons…
Here are some of the pros:
- UnitLab offers passive income
- payment and withdrawals can be made in crypto
- They offer a high ROI
- They offer a referral program for members to earn additional income
Here are some of the cons:
- The owner of the company is not found on the website or online anywhere
- The UST blockchain is coming soon?
- The address they state on their website belongs to a different company in the US
- There is no proof of profit being generated
- There is no data on the ROIs being generated to sustain their daily ROIs
Scam Or Legit/Safe? – Verdict
If you are looking for a legitimate business, then at this time, I can’t say for 100% certainty that UnitLab is a scam or if it is legit.
I do know they have a few issues that concern me enough to not recommend them at this time. More on that below!
But like you, I can’t see into the future, so I can’t say that UnitLab will become a scam, but if you do decide to join, I would just say…
But I would also say that UnitLab is a high-risk opportunity because of the issues that were found.
I’ve included much more detailed information about UnitLab below in the following sections of my review.
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What Is UnitLab?
UnitLab is a company that is coming out with their own blockchain called their UST (Unit Search Technology) blockchain, where members can invest in their investment plan to earn rewards from their online auction storage business.
The company offers members to participate in building relations between storage solutions on their blockchain to earn a profit from it.
On their website, they do have a “coming soon” where their blockchain is explained, so I am not sure how members can profit from it at this time.
There is no other information available about how they generate profit on their website.
When searching for the owner of the company, I was unable to find any information about them on their website or online.
The company website has its address at 101 Federal St, Boston, MA, 02110 in the USA.
The problem with that address is that another company called Santander is using it and has been running for several years before UnitLab… hmm?
Another thing that I found was the company claims they have been doing business since 2018, but their company website had not existed until 2022?
I found this information when doing a domain name check and here were my findings:
- The domain name “unitlab.io” was last updated on 9-6-2021, but was first registered on 9-24-2020.
- The domain name was privately registered
Due to the date that they first registered the domain name for the company, they didn’t even exist until the earliest date for the year 2020, but the company website with what they are offering wasn’t live until Feb. 2021.
So they couldn’t have existed until 2021, and not 2018 as they say on their website.
With that covered, let’s continue.
Related review: BullBear Limited Review: 1500% ROI in 1 Hour Scam or Legit?
What Products/Services Does UnitLab Offer?
In this section of my UnitLab review, I am going to share the details that I found about the products/services they offer.
The only service they offer at this time is their investment plan, where members can earn a daily ROI through the service that appears to be coming soon.
The company also offers a referral program where members can earn additional income when their referrals make a deposit into the investment plan UnitLab offers.
This is all I got for this section, let’s continue.
With the services/products covered, let’s continue.
How Do Members Make Money With UnitLab?
In this section of my UnitLab review, I am going to share the details about the ways that members can make money with them.
There are 2 ways that members can make money with UnitLab:
- The Investment Plan Profits
- Referral Program Commissions
Getting Started and Investment Plans
The first way that members can make money with UnitLab is with their investment plan.
The investment plan is said, by the company, to generate profit through their blockchain, which is called their UST blockchain network.
Here are the details that I found on what a member can earn with their investment plan:
- Plan 1 – This investment plan requires a minimum deposit of $10 to start. This plan offers a daily ROI of 2.77% over a 10 to 180-day period.
Referral Program Details
The second-way members can make money with UnitLab is through their referral program.
The referral program uses the unilevel compensation plan and pays when referrals make a deposit into the investment plan.
There are a total of 3 levels that a member can earn from.
The first level will only have members that are personally referred, the second level will only have the referrals that all level 1 members referred, and the third level will only have members that all level 2 members referred.
Here is a breakdown of what a referral member can earn with UnitLab:
- Level 1 – The first level pays a referral commission of 15% of the deposits made by personally referred.
- Level 2 – The second level pays a referral commission of 7% of the deposits made by all level 2 members.
- Level 3 – The third level pays a referral commission of 3% of the deposits made by all level 3 members.
These are the 2 ways that members can make money with them, with that covered, let’s continue.
What’s The Cost To Join?
The minimum cost to join UnitLab at this time will require a deposit of $10 to earn from the daily ROI they offer with their investment plan.
Members can also join for free if they only want to earn from the referral program.
With that covered, let’s finish up!
Conclusion: UnitLab Review
In the last section of my UnitLab review, I am going to share my final thoughts and recommendation about them.
I hope I was able to answer all your questions about them in my UnitLab review.
If you have any additional questions or want to leave a comment, please do so in the comment section below.
With that covered, here are my final thoughts…
Would I Recommend UnitLab?
To be honest, I cannot recommend a company that I can’t find any information about the owner.
The second issue that is concerning is that the way they generate returns is said to be from their UST blockchain, but it appears like it is still in development and “coming soon”.
The third issue is that they lied about when they started the business, oh, and they also lied about their address!?
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With that said, I hope you enjoyed my UnitLab review.
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