{"id":1812,"date":"2017-09-02T04:47:26","date_gmt":"2017-09-02T04:47:26","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=1812"},"modified":"2017-12-14T18:52:51","modified_gmt":"2017-12-14T18:52:51","slug":"chain-group-review-part-1","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=1812","title":{"rendered":"Chain Group — Review Part 1"},"content":{"rendered":"

This is \u00a0CLOSED project already! Do not invest there anymore!<\/strong><\/p>\n

Overview of the Program.<\/strong><\/p>\n

It\u2019s been a week or so since we wrote our \u201cFirst Thoughts\u201d on Chain Group<\/a>.\u00a0 I just reread that brief article and it is a good introduction to this program.\u00a0 So, I\u2019m going to repeat it here\u2026<\/p>\n

<\/a><\/p>\n

Emily News<\/em> just began a \u201cSilver\u201d listing on its monitor for Chain Group Escrow Service<\/a>.\u00a0 The company has been on line since December, 2016.\u00a0 Chain Group<\/a> is very unusual in that it is NOT registered in any country.\u00a0 In fact, the website says that: \u201cChain Group Escrow Service<\/a> is not a legal entity registered in a country in the world. The Service does not have an office, bank accounts, does not pass the audit and verification. Therefore, the only guarantee of good faith of the Service is the Service itself.\u201d\u00a0 This does not necessarily imply that it is a bad place to invest your money.\u00a0 Other HYIPs usually go to great pains to impress a potential investor with their legitimacy as a real company and with the fact that they are a legally registered corporation (usually in the UK or in Hong Kong).\u00a0 However, as we all know, this does not prevent them from providing false information on their websites.\u00a0 And, we all know the survival record of the typical HYIP.\u00a0 So, the fact that Chain Group<\/a> isn\u2019t a registered company may not really matter.\u00a0 However, if registration is important to you, you should be aware of this.<\/p>\n

Chain Group<\/a> is involved with Cryptocurrency trading — but with a unique twist.\u00a0 They don\u2019t do the trading themselves.\u00a0 Rather, the company serves as the host for a number of \u201cExchange Trade Groups\u201d that are the traders.\u00a0 They are the HYIPs.\u00a0 So, you might say that Chain Group<\/a> is like a shopping mall dedicated to cryptocurrency trading and within that mall are a number of offices that you can go to in order to invest your funds.\u00a0 Each office or Trade Group has its own unique investment plan.\u00a0 However, there are a few guidelines that these groups have to abide by such as the daily interest rate of their investment plan must be at least 0.1% and can\u2019t be more than 10% (that\u2019s a LOT or variation!).\u00a0 In a way, Chain Group<\/a> is equivalent to the typical HYIP that offers a number of different investment plans.\u00a0 But, here it is independent companies that are offering them.<\/p>\n

It is also possible to invest in the Chain Group<\/a> company itself.\u00a0 Whereas, most, if not all, of the Trade Group companies pay a variable return, Chain Group<\/a> pays a fixed daily return of 0.2%.\u00a0 The length of the plan is 500 days and your principal is returned at the end of the plan.\u00a0 If you do the arithmetic, this amounts to doubling your money in 500 days.<\/p><\/blockquote>\n

There is an excellent video introduction to how the Chain Group<\/a> \u201cExchange Trade Groups\u201d work on the website home page.\u00a0 All potential investors should look at it — a few times.\u00a0 However, the best way to fully understand the workings of this very unique program is to take a look at some of the Trade Groups listed on the \u201cStats and Trade Groups list\u201d page of the website.\u00a0 For each of the Trade Groups, as well as for the Chain Group<\/a>\u2019s own investment program, there is a detailed and very professional presentation.\u00a0 All the information that is given follows a certain format which is the same for all of the Trade Group listings.\u00a0 So, it is possible to compare and contrast the offerings of the various investment programs.\u00a0 These presentations are very clear and understandable, something that is not always the case in the HYIP world.\u00a0 Furthermore, the use of the English language is excellent.\u00a0 It is clear that a lot of time and effort has been devoted to fine-tuning this program as well as its online presentation.<\/p>\n

An interesting feature of Chain Group<\/a> is that one of the Trade Group investment programs can fail without destroying the entire Chain Group<\/a> program.\u00a0 Also, if this should happen, investors will be at least partially compensated by the \u201cStabilization Fund\u201d that each Trade Group has.\u00a0 I believe that this fund is generated by each Trade Group taking a 0.5% commission from investor earnings.\u00a0 So, Chain Group<\/a> is in a unique situation wherein, one of its programs can fail but the mother program will continue.\u00a0 Hopefully, Chain Group<\/a>\u2019s own investment program that offers only 0.2% interest per day is unlikely to cause the mother program to fail.<\/p>\n

All of this is a hopeful sign that Chain Group<\/a> will be around for a long time to come.<\/p>\n

How the Program Works.<\/strong><\/p>\n

Right now, there are five Trade Groups in addition to Chain Group<\/a> that offer investment plans.\u00a0 This number can change if a new program comes along or if one of the existing programs closes.<\/p>\n

To get a feel how the Chain Group<\/a> system works, let\u2019s take a close look at the information presented for \u201cDragon Foundation,\u201d the first program in the Trade Groups that are presently listed.\u00a0 We\u2019ll do this by repeating all the information given for the program and then commenting on it as might be necessary to clarify things.<\/p>\n

General Information<\/u>
\nNumber of days service listed: 62
\nNumber of investors: 973 (and changing very quickly)
\nAmount of Stabilization Fund: $70,000<\/p>\n

Interest Information<\/u>
\nFor today: 3.08%
\nFor seven days: 19.30%
\nFor 30 days: 93.65%
\nAll over: 212.78%<\/p>\n

Investment offer<\/u>
\nMinimum: $10
\nMaximum: $500,000
\nDeposit term: 180 days
\nDaily profit: Variable, 0.1-6%
\nCompounding: Is impossible
\nEarly withdrawal: Is impossible
\nPrincipal refund: No (included in profit)<\/p>\n

If you click on the title, \u201cDragon Investment,\u201d you are taken to an \u201cAbout\u201d page for the program.\u00a0 This page presents information about key personnel in the company and their job functions as well as Dragon Investment\u2019s approach to cryptocurrency trading.\u00a0 You might say that this page is a presentation of the company\u2019s \u201cLegend\u201d (See HYIP Insights #6<\/em> for an explanation of this term here<\/a>).<\/p>\n

<\/a><\/p>\n

Stay tuned for Part 2 of this review where we will make a detailed analysis of this investment plan.<\/p>\n

*********************************<\/p>\n

If one of the programs on our Monitor appeals to you, please support Emily News<\/em> by registering for it on our website.\u00a0 Thanks very very much!<\/p>\n

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This is \u00a0CLOSED project already! Do not invest there anymore! Overview of the Program. It\u2019s been a week or so since we wrote our \u201cFirst Thoughts\u201d on Chain Group.\u00a0 I just reread that brief article … Chain Group — Review Part 1<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1826,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[395,396,397,398,399,421,402,400,401],"class_list":["post-1812","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reviews","tag-chain-group-escrow-service","tag-chain-group-info","tag-chain-group-investment-plan","tag-chain-group-investment-program","tag-chain-group-news","tag-chain-group-review","tag-chain-group-scam-or-paying","tag-chain-group-update","tag-chain-group-updates","exalt-entry"],"yoast_head":"\nChain Group - Review Part 1 - EmilyNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/emilynews.com\/blog\/?p=1812\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chain Group - Review Part 1 : Different HYIP investment blog. 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