First Thoughts on Kryptolect.
Kryptolect just began a “Gold” listing on the EmilyNews monitor. They are a new company that only went online on March 5. So, you might not have heard of them before. The name of the company is interesting. It seems to be a clever play on words combining “cryptocurrencies” with “Krypton.” You don’t know what “Krypton” means? This is the name of the imaginary planet where the U.S. comic book character, Superman, comes from. Is the company implying that they have super powers when it comes to their activities in the cryptocurrency world?
Unfortunately, the use of the English language in the website is far from super (Please see HYIP Insights #2 for more information on this). Reading the “About” section of the website, it is hard to get a clear understanding of the nature of the businesses that Kryptolect is involved with. For example, it states that the company is “an enrolled organization in the United Kingdom concentrated for more than six years on specific ventures, for example, investment opportunities, remote trades, oil exchanging and cryptocurrency trade markets.” The reader of the website might rightly want to know what type of “investment opportunities.” He might also want to know a little more about what is meant by “oil exchanging” or “remote trades;” these are new terms for me. Cryptocurrency trading DOES make sense and might be more than enough for one company to be involved with. All in all, the information about the company leaves a lot to be desired As we indicated in HYIP Insights #6, this information is what we call the “Legend” of a company. It is in the best interests of an HYIP to make its Legend as convincing as possible.
Turning to the dollars and cents of this, Kryptolect offers two investment plans. One of them pays earnings on an hourly basis while the other pay earnings daily. Both return your deposit as part of your earnings. The minimum investments required by the plans are reasonable, such that almost anyone should be able to take advantage of either of them and, at first glance, the interest rates that are promised appear to be high enough to be attractive to the investor while not being so high that they will be impossible for the company to sustain in the long term.
In our review of Kryptolect, which will available in a few days, we will take a closer look at these investment plans and try to determine exactly how profitable — and sustainable — they are. Please stand by.
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