Bitland World: Secure Global Land Title Protection Blockchain?
What Is Bitland World?
Bitland World is possibly just another High Yield Investment Program or better known as a ponzi scheme. That means in reality, it’s entirely a fraud based system. Even though they claim that they’ve made a developed a system that is real, the reality it’s more likely than not fake. The real goal in most of these cases is to take people’s money.
How Does Bitland Work?
One of the first signs of a fraud is that they claim they are completely automated. When talking about bitcoin and cryptocurrencies that are extremely volatile, it’s unlikely in most cases that having an entirely automated system will ever work as they claim.
Another bad indication of this site is that a lot of the links are broken. This could just be the sign of a new website or something of that nature, but it may be more then that. Even though they are operating on newly developed blockchain technology, with their own wallet – there is still a possibility that it’s not a trustworthy site.
This isn’t 100% however, it could always be new company on their way up who simply are behind on money and time. But at this time, because of ethics – I can’t ethically recommend Bitland World as a company/platform to be invested in.
With adequate time and reviews, possible white paper listings and more transparency as to who is involved in the organization that can all change. Another sad but true aspect of the platform, is its based around getting cryptocurrency for land prospects in Africa.
Unfortunately, there tends to be a lot of fraud in Africa, specifically around land. The website may look t be legitimate, but it’s not entirely difficult to create a website that looks good but truly isn’t. For your best protection, avoid getting involved with this company at this time.
That’s not to say, that once the blockchain is up and fully operational and people can actually see the transactions, things won’t change. But until that time, it’s much wiser to stay away from Bitland Global.
What Is The Bottom Line On Bitland World?
If you want to invest with this company, I would recommend waiting for the blockchain to be fully verified. It’s simply to risky when it comes to cryptocurrency to have blind faith. Especially when it’s with a company that doesn’t mention anything about who the founders of it are.