HitStake.com Review : Login, Register, How it works, ICO, Scam or Legit
HitStake has no information on their website about who operates it or the business. It’s website domain hitstake.com was privately registered on 13th of February, 2018.
HitStake has no retail-able products or services making affiliates only able to market HitStake affiliate membership itself.
HitStake affiliates acquire pre-generated HITS points from the company’s anonymous owners which are sold to HitStake affiliates for 60 cents to $1.20 each.
After acquiring, HITS points are lent back to HitStake on the promise of a monthly ROI of up to 45%.
Bronze – invest 100 to 400 HITS points and receive a daily variable ROI plus bonus 0.05% daily bonus rate for 199 days
Silver – invest 401 to 2000 HITS points and receive a daily variable ROI plus bonus 0.15% daily bonus rate for 125 days
Gold – invest 2001 to 5000 HITS points and receive a daily variable ROI plus bonus 0.2% daily bonus rate for 99 days
Platinum – invest 5001 HITS points or more and receive a daily variable ROI plus bonus 0.25% daily bonus rate for 70 days
HitStake affiliate membership is free but free affiliates only receive referral commissions and full participation in the HitStake compensation plan requires a minimum of 100 HITS points investment.
HitStake claim to generate external revenue through “HitBot” but the company provides no evidence of HitBot existing. The only verifiable source of income entering Hitstake is new affiliate investment and using funds generated by new members to pay old members makes a platform a Ponzi scheme. Ponzi schemes do fold or wind up once there are no new affiliates and this benefits mostly the admins.