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Wise Token Review – DEFI Scam or Real Money Maker?

If you’re looking for a detailed Wise Token review, then you’re in the right place!

I was looking around the internet for new money-making opportunities and stumbled upon the Wise Token company.

I thought I should take a closer look before I join just to do my due diligence and to make sure the company has a business model that I can be comfortable with.

The first step I took was to look at other reviews and found that there were both negative and positive reviews being that the positive reviews seemed to promote Wide Token and the negative ones were promoting something else.

Wise Token Review

I decided to take the time to research and review the information for myself to see how the company works, what products they offer, and how the compensation works just to see for myself how it works and if it’s worth it and share that information with you here.

I am also going to share my final thoughts and recommendation after looking at all the information that I found so make sure to stick around until the end.

With that said, let’s dig in and see what we can learn about it.

What Is Wise Token?

What Is Wise Token

Wise Token is a smart contract opportunity that offers an investment opportunity to make money through a referral compensation plan model and probably a smart contract matrix cycler model. The niche that I would say that Wise Token is in would be the cryptocurrency smart contract investment and MLM niche.

Additionally, the cryptocurrency coin that the company offers is an ER-20 coin that has little to no value outside the company itself and is a coin where the company sets the value within the company itself and uses it for a smart contract that uses Ethereum to find it.

Company Overview

When I take a look into any money-making opportunity, I like to know who the owner is for a couple of reasons:

  • what is their experience
  • and what history do they have

This will give me the ability to tell what type of person and owner they will be so I can determine if this is the type of person that I would want to represent and help make money for.

Wise Token Founder CEO Peter Girr

When it comes to the Wise Token owner, the founder is listed as Peter Girr.

I did a little digging into Peter and found that he lives or is from California in the United States and according to a social media account, he is a “crypto founder” which I am assuming is Wise Token (strange he didn’t mention the company name?) and it also stated that he is a real estate entrepreneur as well.

There are other people on the company page that list a CTO and a Lead Software Engineer that have been claimed to be fake profiles with fake bios on various other review sites that I found.

It’s kind of a toss-up on the management team information that I found which means that in my view I found it 50% positive or 50% negative with however you want to look at it.

Another great review: Picus Biz Review – 600% ROI Profit Scam or Legit Money Maker?

Wise Token Products – What Do They Offer?

Wise Token Products Services Review

In this section of my Wise Token review, I am going to cover the products or services that the company offers.

After taking a look through the company website, I wasn’t able to find any products or services that the company offers.

The only thing that I was able to find was the opportunity to make money with the Wise Token opportunity.

With that said, let’s continue to the next section.

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How Does The Wise Token Compensation Plan Work?

Wise Token Smart Contract ROI Compensation Plan Review

In this section of my Wise Token review, I am going to cover the information about how the smart contract works and how the compensation plan works.

The Wise Token compensation plan is coming out and is not very transparent with the information that I found, but I did find some token keywords that would lead me to believe that the compensation plan structure would be designed in a certain way that I will get into.

The company is in a pre-launch or pre-position stage where you can join and buy the Wise Tokens for a much cheaper cost compared to when the company officially launches.

They can offer the Wise Token for a lower cost because it is an ER-20 coin on which the company sets the value.

This will be done in phases and will have a few “pools” of tokens available for purchase in each stage.

The first stage will give their members the ability to purchase the Wise Token for the lowest cost with a limited supply and each proceeding phase will offer a higher cost with also a limited supply of tokens available.

According to the company, they will be doing this for 50 days.

Essentially, the company does this to promote a hype of the thought that those that purchase the Wise Token early will have the value of that token essentially quadruple or double depending on the phase that you got in at.

You can only purchase the Wise Token using Ethereum which is a popular and widely known cryptocurrency that has a good value at this time.

The next section is the referral program.

Referral Program (smart contract)

The information that I found about the Wise Token smart contract compensation plan is this…

Best Offer

The company pays 10% in referral commissions, and you must personally recruit someone that invests at least 50 Ethereum to qualify.

Now, usually, when a company refers to the referral program as a smart contract, in my experience, the company is usually referring to a cycler matrix compensation plan structure of some type.

What that means is that there will be several levels that will have a certain amount of positions that you must fill in order to earn a commission from that level.

The proceeding levels offer a higher commission amount but in order to earn commissions from that level, you must also pay to join that level which is at a higher cost.

Usually, you can either pay upfront to join the higher levels right away or use your referral commissions from the previous levels to join the preceding levels.

Now, I am just assuming this is how the compensation plan works based on the limited information that I found, but either way, once the company launches, I will need to update this section.

With that said, let’s answer some questions about Wise Token in the next section.

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My Wise Token FAQ Section

In this section of my Wise Token review, I am going to answer some of the questions that people may have when thinking about joining.

Is Wise Token BBB Accredited?

After searching through the BBB website, I was unable to find any information about the Wise Token company which is not a surprise since the company is new.

Now, there are also many companies that have been running for several years and also running legitimately that is also not listed so what I look at is the information about the company and compare that with the law of my country to give me a better idea about what type of company the owner is running.

What’s The Cost To Join Wise Token?

Wise Token has listed a 1 ETH cost associated with the membership but as I mentioned before, they are going through the pre-positioning phase right now.

I assume this is the cost when Wise Token officially launches.

With that said, let’s answer the question that many people want to know which is…

Is Wise Token A Scam or Pyramid Scheme?

Is Wise Token A Scam or Legit Opportunity

After looking through all the information, I can’t say that Wise Token is a scam or a pyramid scheme at this time.

However, one of the issues is that they offer no retail products or services that throws up a red flag to me just because it appears that they also offer a multi-level compensation plan which is not legal to do in many countries.

Another red flag is the weird information I found about the company details, more specifically the management team that they have listed on the company page.

If the company is offering a promised return in any way, they will also need to become registered to offers a promised return in any country they are doing business in which is also an unknown fact that would throw up another red-flag for me.

Now, the company might shut down for several months, but one day out of the blue without any warning, this is the type of company that could hurt you financially, so I would recommend proceeding with caution if you do decide to join.

With that said, let’s finish up.

My Final Wise Token Review and Thoughts

In the final section of my Wise Token review, I am going to share my final thoughts and recommendation about the company and the opportunity as a whole.

I have taken the time to show you the information that I found about the company, the products, and the compensation plan.

I have also shared my thoughts about whether I think Wise Token is a scam and shared my concerns.

At this point, you should have a better understanding of what Wise Token is and what they offer.

What are your thoughts up to this point?

But here is the question…

Would I Recommend Joining Wise Token?

You have all the information that you would need to make an informed decision on whether Wise Token is the right opportunity for you or not.

If you were to ask me if I would join, I would have to say no due to the concerns that I discovered with the business model.

With that said, I hope you enjoyed my Wise Token review.

If you found my review helpful, please share my article by clicking the social share buttons below and share it with others so that people can learn what Wise Token is and what they offer.

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