We Share Abundance has introduced newly invested in WESA tokens shall be locked for six months.
The brand new coverage successfully prohibits new buyers from cashing out for half a 12 months.
WSA proprietor Graham Body’s final try to stop WESA token withdrawals noticed him restrict withdrawals to recruiters.
The explanation behind this was no new recruits = no new invested funds for WSA to pay withdrawal requests with.
Present WSA associates revolted, having been bought on the concept of passive returns. Consequently Body reversed his choice inside twenty-fours.
This new association lets current WSA affiliate buyers money out, on the direct expense of latest buyers.
Present WSA associates who make investments new cash can even have their new tokens locked. Given everybody appears to be attempting to withdraw although, I don’t suppose this is a matter.
To encourage new affiliate buyers handy over cash, Body (proper) is flogging WESA tokens ‘at a tiny fraction of their worth’.
The present inner WESA token value is $110 for ten tokens. The interior WESA token withdrawal price will not be made public.
Body arbitrarily units the inner WESA token withdrawal price, permitting current affiliate buyers to money out.
Alexa visitors rankings for We Share Abundance’s web site reveals a flatline all through November. December has to this point seen visitors go into decline.
For a Ponzi scheme like We Share Abundance, both state of affairs extended lengthy sufficient will result in a collapse.
Replace nineteenth Might 2021 – We Share Abundance has collapsed. Graham Body has introduced a Wesa Coin reboot.