First Thoughts on Hooplex.
We recently began a “Silver” listing for Hooplex. They are not a new company and have been online for close to three months. So, you might say that they have established a bit of a track record for themselves. This might be a good thing because, as you will see, they offer some rather long-term investment plans for which survivability is the key if their investors are to come out ahead of the game.
I will confess that I don’t completely understand the means by which Hooplex claims to generate the revenue that they use to pay earnings to their investors. Of course, there is an explanation on their website and perhaps the best that I can do is to repeat some of their remarks here rather than take a chance that I might misinterpret things if I attempt to paraphrase what is said:
Hooplex
– the first global community in which financial laws work differently, where anyone can gain financial independence in a short time, regardless of their skills and experience. The main criterion is not how much you work, but how much you believe in the idea of creating a technologically prosperous world.
Inside the Hooplex community, advanced Lexera technology is created On which the multi-currency system LexeraLXR is developed. This is a completely new type of multi-currency system, operating on the basis of multi-currency core LexeraWay.
LXR coin does not have any limits and controlling authority. It is generated in the multi-currency LexeraWay core when transfering the transactions through it and is burned at the exit from the core. All transactions are completely anonymous.
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For the investor, Hooplex offers six investment plans. All of them offer a daily return plus return your investment at the conclusion of the plan. It looks like the minimum investment in any of the plans is $50. The plans vary from 30 days long to 180 days, each plan being 30 days longer than the preceding one. Interest rates vary from 0.7% per day up to 1.1% per day, with one exception there being a 0.1% increase in earnings as you move up through the plans. So, as you might expect, the longer-term plans pay the higher interest. This, of course, goes along with the HYIP theme of higher earnings being associated with higher risk investment plans (in this case, the higher risk being the increased length of the plan). It looks like you can withdraw your investment whenever you like. However, there can be severe penalties for doing so — up to 50%. I suspect that very few people will be doing this. There is more to say about the Hooplex investment plans and, when we review the program, we will get into the details as to precisely how the plans work. Finally, we will work a few earnings examples and also attempt to arrive at some conclusions concerning the strong and weak points of the program. Please stand by for the review. It should be ready in a day or two.
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