Cloud Token Review: Be Wary Of This Cryptocurrency Coin Offer
Token Cloud Me
Token Cloud Me is a platform whose website provides minimal information. One of the first statements that users encounter when visiting the platform’s webpage is, “Wish you could actually buy something with your Cryptocurrency? Now you can!” This is in reference to the cloud tokens that users can purchase. The question is – should they?
Unfortunately, those who click on “white paper” at the bottom of the platform’s webpage will encounter an error code. This is troubling since the purpose of a white paper is to provide users with the information that they need to make an informed decision. Until the platform fixes the issues, users are essentially unable to determine the validity of the platform’s operations.
Interestingly enough, there is a reddit page titled “CloudWithMe SCAM.” The post, from a yea ago, discusses the platform and the contradictory qualities concerning centralization and decentralization. For example, the author posts,
“They claim they’re decentralizing the cloud, yet the services they sell are centralized by definition, so all they’re really doing is selling their $10-pegged cloud token with which you can buy services at a higher price than you’d get if you went straight to the source.”
In addition to the whitepaper, another link seems broken on the webpage – which is the one that actually should allow users to purchase cloud tokens. Those who click on this link are reverted to the same error page, thus making it difficult to go forward with anything on the page. Such qualities bring into question the reliability of the platform.
Another quality to be aware of is that though the platform shares its advisory board on its website, there is no individual bio page that users can click on to learn more. The information available is what users are confined to. Those who are looking for more information may have a difficult time finding it.
Overall, Token Cloud Me has a webpage, but there is little to clean from it, thereby making it questionable as to whether users should invest. The best thing that one can do when investing is to do so through an informed and knowledgeable decision. The more that one knows, the more likely one will be able to protect themselves against platforms that are less than ideal.