Uhuru Tribe Review - Legit Crypto of Scam MLM? [Truth Reveal]

Uhuru Tribe Review – Legit Crypto of Scam MLM? [Truth Reveal]

Welcome to my Uhuru Tribe Review!

Uhuru Tribe claims to let you make money with cryptocurrency investment. In this review, I am going to reveal everything about it. Many people have wondered if it is legit or a scam. That’s why this review is written to answer that question.

This review consists of information like:

  • What is Uhuru Tribe?
  • How Does Uhuru Tribe Work?
  • How to Join Uhuru Tribe?
  • What Do I Like About Uhuru Tribe?
  • What Don’t I Like About Uhuru Tribe?
  • Is Uhuru Tribe A Scam?

Before I start, I must congratulate you for spending time to do your own research about the truthfulness of any program.

It is important to check a program’s review before buying it because there are too many scammers online!

I am not associated with Uhuru Tribe in any way so rest assured that I am not here to sell you anything.

Uhuru Tribe Review Summary

Product Name: Uhuru Tribe

Founder: Unknown

Product Type:  Cryptocurrency investment platform

Price: 25 UHC

Rating: 2/10

What is Uhuru Tribe?

Uhuru Tribe is a Stokvel, which claims to create wealth and prosperity for its customers. The terminology used is from South Africa, which is where the company should be at.

A stokvel is a savings scheme where members contribute on a daily, weekly or monthly basis and receive a lump sum in the future. However, that is not what Uhuru Tribe is.

Uhuru tribe is a cryptocurrency investment platform with a multi-level marketing scheme. Even if their website claims that they are not a MLM scheme, their compensation structure differs from their explanation.

The founder of Uhuru Tribe is Coenraad Botha. Botha resides in South Africa and was exposed of being involved in corruption investigations in Namibia before.

How Does Uhuru Tribe Work?

Uhuru Tribe pays out investment returns in a cryptocurrency named UHC, which stands for Uhuru Coins. It’s value is equivalent to USD 57.50.

The cryptocurrency investment platform offers 3 ways to make profit online such as Fraxion investment, Uhuru Trade and Uhuru Cash.

Fraxion investment operates with a similar concept to mutual funds. This is where multiple investors of UHC pool up their funds in order to invest in a cryptocurrency. The long term profit and dividend is then shared among the investors.

Uhuru Trade is just a platform offered by Uhuru Tribe to trade on foreign exchange. Investors pool up money to trade on foreign exchange by using bots. This option is for someone who doesn’t have the time to sit still and trade. Uhuru Tribe also claimed that you don’t need knowledge in this field to start investing, which seems like bad advice to me.

Uhuru Cash is what the company claims to be a “High Yield Investment Plan”. This is more preferred solo investors. Uhuru Tribe also explains how they manage the risk by only allowing the trading volume of up to 0.72% of the wallet value.

How to Join Uhuru Tribe?

To create an account, you just need to click “Sign Up” at the top right corner of the website. After that, you just have to fill in your details, such as your name, email and affiliate name.

After that, you will be required to pay an amount of UHC25 plus UHC2.5 for your first month admin fees. The fees include training on cryptocurrencies, weekly tips, opportunities to attend conferences, commission from recruiting affiliates and other awards for your production.

What Do I Like About Uhuru Tribe?

1. Detailed explanation on business model

Uhuru Tribe is a cryptocurrency investment platform operating with a multi-level marketing scheme. It has a very detailed explanation on how it will use your funds and the risk management models.

The platform’s explanation on their investment options are very extensive. That’s because they also include the details of how they offer a competitive edge in the market.

What Don’t I Like About Uhuru Tribe?

1. Incomplete website

The website is still not complete and under development, this indicates the platform lacks professionalism. If you click on the “About Us” section, it shows the website has 0 members and 0 deposits.

Not only that, the privacy policy page and FAQ page contains nothing but the “lorem ipsum” dummy text. Lorem ipsum dummy text is usually used by web designers to show developers how the website will look like upon completion.

2. Background of the founder

The founder of Uhuru Tribe was investigated for corruption by the Anti Corruption Commission in Namibia. This more or less affects the company reputation founded by him.

He claims in news articles that he would clear up his name, but there have been no news after that.

3. Terrible social media presence

Some companies do not have social media accounts, even though it means leaving out money on the table. Then there are companies that do use social media but are not active.

Uhuru Tribe is neither of the above. They have attached a link to their Facebook at their website. However, it is a broken link that redirects you to a page that says “Content not available”.

Is Uhuru Tribe A Scam?

Uhuru Tribe seems suspicious because of the presented facts. It is no doubt a MLM scheme that could become a Ponzi scheme at any moment.

The cryptocurrency they use is also unpopular, which means if you do redeem it, you cannot exchange it elsewhere.

I suggest you stay away from the site if you value your time and money. Also, if you are genuinely interested in cryptocurrency, you should do more research before entering the market.

Cryptocurrency is highly volatile and has complex mechanics. There are other investment opportunities such as stocks, shares, commodities, real estate and foreign exchange.

 

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