Score

1.27 /10
Danger

HYPERVERSE

United States

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Add brokers

Comparison

Quantity 1

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index5.13

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

FUTURETRADE.LIFE

Company Abbreviation

HYPERVERSE

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
HYPERVERSE · Company summary

Note: Regrettably, the official website of HYPERVERSE, namelyhttp://futuretrade.life/, is currently experiencing functionality issues.

General Information

CashFX Trade Review Summary
Registered Country/Region United States
Regulation Unregulated
Demo Account N/A
Leverage N/A
EUR/ USD Spread N/A
Trading Platforms N/A
Customer Support Phone:+1 (917)7253929

What is HYPERVERSE Trade?

HyperVerse functions as a trading platform within a decentralized virtual universe, where users, known as voyagers, engage in the creation, exchange, and monetization of digital assets and NFTs across myriad digital planets.

Powered by the HVT token, the platform facilitates various transactions, including asset trading, governance participation, and staking, within its expansive metaverse.

With a focus on gaming, social interactions, and digital entrepreneurship, HyperVerse aims to blend the boundaries between virtual economies and real-world trading dynamics, offering a unique platform for digital asset enthusiasts and traders seeking innovative avenues for investment and engagement in the blockchain space.

What is HYPERVERSE Trade?

Pros & Cons

Pros Cons
Innovative Integration of Gaming and Trading Association with Past Controversies
Decentralization and User Governance Complexity for New Users
Creative and Economic Opportunities Market Volatility and Token Liquidity
Regulatory Uncertainty
Technical and Security Challenges

Pros of HyperVerse:

  1. Innovative Integration of Gaming and Trading: HyperVerse stands out by seamlessly integrating gaming elements with digital asset trading within a vast virtual universe. This unique blend offers users an engaging and interactive experience, extending beyond traditional trading platforms.

  2. Decentralization and User Governance: The platform's decentralized nature ensures that power and decision-making are distributed among its users. With the HVT token, users participate in governance, influencing the development and direction of the virtual universe, fostering a sense of ownership and community.

  3. Creative and Economic Opportunities: HyperVerse provides a fertile ground for digital creativity and entrepreneurship. Users can create, buy, and sell virtual assets and NFTs, opening up new economic opportunities within the metaverse and allowing for the monetization of digital creations.

Cons of HyperVerse:

  1. Association with Past Controversies: HyperVerse's connection to previous ventures involved in a Ponzi scheme casts a shadow over its credibility and trustworthiness, potentially deterring new users and investors.

  2. Complexity for New Users: The intricate nature of a vast virtual universe combining gaming, trading, and digital asset creation may overwhelm new users, posing a steep learning curve that could hinder wider adoption.

  3. Market Volatility and Token Liquidity: As with many blockchain projects, the HVT token and associated digital assets within HyperVerse are subject to market volatility, which could impact liquidity and trading activities, presenting risks for traders and investors.

  4. Regulatory Uncertainty: The regulatory landscape for virtual assets and metaverses remains uncertain and varies by jurisdiction. This uncertainty could affect the platform's operations and users' ability to trade freely, impacting its growth and sustainability.

  5. Technical and Security Challenges: Operating a complex virtual universe demands robust technical infrastructure. HyperVerse faces challenges in ensuring data security, transaction integrity, and platform stability, which are critical for maintaining user trust and platform reliability.

Is HYPERVERSE Safe or Scam?

HyperVerse operates in an unregulated space, lacking formal oversight from financial or digital asset regulatory bodies. This absence of regulation presents both opportunities and risks, as it allows for innovation and growth without the constraints of traditional regulatory frameworks.

However, it also means that users and investors have limited protections against potential fraud, operational issues, or market manipulation within the platform.

The unregulated nature of HyperVerse underscores the importance of due diligence and caution for those engaging with its virtual universe, as the typical safeguards and recourse available in regulated environments may not be present.

Customer Service

Customers can get in touch with customer service lines using the information provided below:

Phone: +1 (917)7253929

Conclusion

HyperVerse presents an ambitious and innovative approach to blending the virtual universe with digital asset trading and creation, offering a unique platform for users to engage, create, and trade within an expansive metaverse.

Despite its potential for creativity and economic opportunity, the platform's unregulated status and past controversies raise concerns about its reliability and the security of investments.

As HyperVerse navigates these challenges, users and investors must approach with caution, balancing the allure of its vast digital cosmos with the inherent risks of participating in an unregulated virtual economy.

FAQs

Q 1: How can I participate in HyperVerse and what are the potential risks?
A 1: To join HyperVerse, users need to sign up, acquire HVT tokens, and use them for activities like asset trading and NFT creation within the platform. Key risks involve its unregulated status, leading to potential fraud and token volatility, alongside its controversial history.
Q 2: How can I contact the customer support team at HyperVerse Trade?
A 2: You can contact via phone: +1 (917)7253929.

Risk Warning

Engaging with HyperVerse involves substantial risks, particularly due to its unregulated nature and past associations with controversial schemes.

Potential users and investors should be aware that the lack of regulatory oversight means there are minimal protections against fraud, technical failures, or market volatility. Investments in digital assets and participation in virtual economies like HyperVerse can lead to significant financial losses.

It is crucial to conduct thorough research, understand the full scope of risks, and consider one's financial situation and risk tolerance before committing resources to such platforms. Proceed with caution and be prepared for the possibility of losing your entire investment.

News

ExposureExposing HYPERVERSE: A South African Victim's Tale

Mrs. Booi, a 48-year-old from South Africa, found herself ensnared in the web of deceit spun by an unscrupulous broker named HYPERVERSE. Her story is a cautionary tale, a stark reminder of the dangers lurking in the shadows of the financial world.

WikiFX
2024-03-20 15:23
Exposing HYPERVERSE: A South African Victim's Tale

User Reviews

More

User comment

3

Comments

Write a review

Zrakar
more than one year
I got totally cheated by HYPERVERSE. They told me I'd get good payouts. it is really attractive to me. But that's not what happened. Instead, I ended up losing money on several trades in just one day. It felt like nothing they promised me was true. Feel totally cheated. Also, their website is a mess. you can never found what you real look like. Trying to navigate it was frustrating and didn't help me at all when I was trying to figure out my trades.
I got totally cheated by HYPERVERSE. They told me I'd get good payouts. it is really attractive to me. But that's not what happened. Instead, I ended up losing money on several trades in just one day. It felt like nothing they promised me was true. Feel totally cheated. Also, their website is a mess. you can never found what you real look like. Trying to navigate it was frustrating and didn't help me at all when I was trying to figure out my trades.
Translate to English
2024-03-08 14:59
Reply
0
0
search4 fusionforensicstech643
6-12months
I suspected foul play and reported them to the FCA whom informed me about the illegitimacy of their operation
I suspected foul play and reported them to the FCA whom informed me about the illegitimacy of their operation
Translate to English
2024-03-03 21:23
Reply
0
0
1