Discovering a network of scams – mavie & ultron (wULX)
March 23, 2024 | by watchoutscam.com
Photo by Stephen Dawson on Unsplash Is Mavie.Global and Ultron.Foundation a Scam?
If you are here, you might have heard of Mavie Global or Ultron Foundation.
You are probably wondering if it is a scam or not?
I have done some investigation, and I will share my findings.
This article will cover:
-Dishonest Marketing/Promotional Practices
-Questionable connections within Mavie, Ultron, FlipMe, Lottoday and more!
-Other documents and red flags you might want to consider before investing (in any of these).
Disclaimers
Disclaimer:
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Clarification:
This disclaimer applies to all domains, subdomains, posts, pages, and content operated by us, including but not limited to:
- watchoutscam.com
Furthermore, so there is no misunderstanding, the entities I will write about in this article are:
-Mavie (actual website address: https://mavie.global/)
-Ultron (actual website address: https://ultron.foundation/)
-FlipMe (actual website address: https://flip-me.com/)
-LottoDay (actual website address: https://lottoday.io/)
Weird Correlation in Domain Registrations
So here is something weird.
Today, 23rd of March 2024, Mavie (https://mavie.global/) states on their websited that they have partnered with the following projects:
-Lottoday
-FlipMe
-Ultron Foundation
In this section, howering over the “learn more” text, links the following links:
Under Ultron Section: https://ultron.foundation/
Under Lottoday Section: https://www.lottoday.io/
Under FlipMe Section: https://flip-me.com/
Therefore we know we are talking about the correct partnership domains.
Now checking who and where these domains were registered:
Keep in mind that on each and every page it is claimed that they are “in partnership” with each other. Not that they are ran by the same company or person.
If you go to https://www.whois.com/whois/ (a website which is commonly used to see domain registration data)
Then enter the domains for Ultron, Lottoday and FlipMe, into the search bar and hit search you will see the followings (click the images to see them in full):
Ultron Foundation WHO IS SEARCH
Mavie Global WHO IS SEARCH
Lottoday WHO IS SEARCH
flip-me WHO IS SEARCH
Flip-Me image 1
Flip-Me image 2
Conclusion About Domain Registrations
Granted there isn’t much information available about Mavie, Ultron and Lottoday. But if you look closely to the “Registered On:” section, you will see that these domains have been registered almost at the same time. All three domains within 1 month period by “assumable” 3 different companies.
And ironically all by the same hosting provider: NameCheap, INC
So is Flip-Me, LottoDay, Mavie & Ultron connected or not?
I can’t say for sure. But it is suspicious that is advertised that they are only “partnered” together, but most of the domains were created at around the same time and same service provider. At worst it looks like that a scammer have registered these domains within 1 month period of time.
At best these are seperate entities/people that decided to team up and register their domains at around the same time and “partner’ with one another.
No company info, no address, no number given on any of the sites.
This includes Mavie, LottoDay, Flip-Me and even Ultron Foundation.
Fake Images On Mavie
Firstly, take a look at the success story/ client testimonials section.
Lets look at the testimony on top right. Isaac C. Who apparantely is a Green Diamond level member.
If you right click on the image, and select “inspect”. You get access to the code of the image, and also the link for the image (basically a way to open an image through a link). If that’s too complicated, simply go to this link:
(This link shows the image used for Isaac C, ON THEIR WEBSITE).
It will look like this:
You can see, that this is the same image as they use for the client testimony at Isaac C.
A cropped image of a Green Diamond Member. But when you download the image (again with right click), and upload it to a reverse image searcher like: https://tineye.com/
You can search the web, and see where are identical or similar images posted on the web.
As luck would have it, the original version of this image of Isaac is findable on : https://unsplash.com/photos/man-in-black-suit-jacket-and-black-pants-standing-on-pathway-9sEcEcYHgQ0
Which is a stock image marketplace website.
You can download Isaac’s image from here directly for use on your website. You can take this image, crop it and use it as a fake testimony on your very own website if you wish.
How do I know that the Mavie image is the fake one and not the other one?
2 reasons…
- The mavie image is cropped, and this isnt. While you can crop an image, you can’t uncrop it to show the rest of the image as it was before it was cropped.
- This image was uploaded to unsplash.com before mavie’s website was even registered…
So, I guess congratulations for Isaac C. for the Green Diamond Level… And for being a successful stock photo model!
And to many others as well!
Available for download on: https://unsplash.com/photos/woman-wearing-green-framed-sunglasses-GwglcplmXDs
Available for download on: https://unsplash.com/photos/woman-in-black-crew-neck-shirt-ggAPxrb4Deg
Available for download at: https://pixabay.com/photos/businessman-suit-portrait-man-male-5594151/
Available for download on: https://unsplash.com/photos/man-wearing-black-and-white-top-7omHUGhhmZ0
Available for Download at: https://unsplash.com/photos/grayscale-photo-of-smiling-woman-byRGjjO-Ync
In conclusion about fake images.
There is no evidence to say that the testimonies itself aren’t fake as well. But the images portrayed next to the testimonies are definitely fake. Which is a very unethical way of promoting.
Scammers usually do this to establish more rapport with new prospects. As nice looking people on nice looking pictures can generate more trust, and more people will believe the testimonies.
In any case, this should be a major red flag…
Other notes
The style of Flip-me, Mavie, Lottoday and Ultron are all very similar. Almost identical in design and layout (only the images and text are different).
I even believe they are using the same theme or style sheet (not an expert here)…
Finally, the publicised company info for MAVIE can’t be verified anywhere.. Atleast not anywhere publicly.
Here is Mavie’s privacy policy: https://mavie.global/privacy-policy
Really… I cant find anything publicly available for that BC NO. for the phraseses “MAVIElab LTD”, “MA VIE” and “MAVIE”.
Lets Take A Look At Ultron.Foundation
On the website you can see mentions and links to…
-Flip-Me.
-Lottoday.
And more! There are links and mentions for:
https://www.rnbw.io/
https://www.reshape.social/
https://ulxscan.com/
https://ultronswap.com/
What is the domain registration info for those?
On this page, you can find many of the “partnership “projects of ultron.foundation: https://ultron.foundation/ecosystem#infrastructure
Lets look at the the registration data of Ultron Swap first…
Ultron Swap Screenshot 1
Ultron Swap Screenshot 2
Lets take a look at ULX Scan
ULX Scan Screenshot 1
ULX Scan Screenshot 2
Again, more or less the same time of registration date….
We gona skip Lottoday as we have already covered that.
Here is registration data for RNBW
And here are the registration data for Reshape:
You can see that ALL the domains that are linking to one another as “partners” have been registered by the same service and almost the same date.
What about the articles on ultron.foundation? They must be legit, right?
For example this Yahoo link!
Well, yeah. But give it as much credibility as you would give for some one writing an article praising himself.
Because this article was written literally by Ultron Foundation. If you right click and inspect the page, you can find a little code that has “author” in it.
This is the author of the article. And when go over it with the mouse it highlights the “author” section, which is Ultron Foundation..
Okay, what about coincodex at this link? Again, great article. Only issue is that the whole article was sponsored. What does that mean? Same as everywhere else, the site or author was paid to promote some content..
Okay okay.. What about the cryptopolitan.com article which can be found here?
It is indeed a nice article. Written by a guest user (meaning anonymously).
Not by a person respected in his field or a trustworthy blogger. Just some one created a random account (if they even did that) and published this article.
Not very credible.
The Marketwatch page available on this link (according to their page) is not even available, it just says “gone”.
But Ultron.Foundation is on a blockchain, so its safe, no?
Not Exactly… In essence blockchain means that it is decentralized. Meaning that no one has the authority to just simply print more coins (money) like the goverments can print paper money.
While the Ultron Foundation promotes itself as a Block Chain, and proudly shows off it’s audits on their main page, they assume no one is going to look into these.
The audit which THEY POSTED, says that they can LITERALLY print more of their crypto coin wULX at any time!
Furthermore, they have the option to burn crypto away from any one’s wallet.
If you look at the screenshot below from their page, clicking on the MULTSIG TREASURY AUDIT, you will get sent to this link: https://sourcehat.com/audits/UltronFoundationMultisig/
On that link if you scroll down a bit, you will see this part:
The second point “Any blockchain address with the minter status can mint any ammount of wULX at no cost.“
This means that if their coder gives a user “minter” status, they can create as much wULX coin as they wish to their accounts.
The third point “Any blockchain address with the minter status can burn any ammount of wULX from any address“. Is prettty self explanatory.
I don’t know about you, but that doesn’t strike me as “decentralized blockchain”.
Looking at the other audit… This is the link it will send you to: https://sourcehat.com/audits/UltronFoundation/
Here if you scroll down, you will see this part:
What does this mean? It means that the way Ultron.Foundation blockchain exchanges tokens with other blockchain networks like Binance or Ethereum is arbitrary. Meaning the process is ran and managed and supervised by the team of Ultron.
Again, that is not something that strikes you as decentralized.. I am imagining that they review most if not each and every transaction.
PLEASE NOTE, THESE REPORTS ARE LITERALLY PUBLISHED BY THEM (ultron.foundation).
Lastly, cant verify the legitimacy of Ultron based on their privacy disclaimer's official company name.
I tried searching the web, including UAE’s databases, and can’t find any entity registered under this name.
You can find the link here: https://ultron.foundation/privacy-policy
Things to watch out for in regards to crypto scams.
The company designs a complicated rewards and ROI system that is very difficult to understand.
They promise high rewards on your investment (yearly 30 percent and above should be suspicious). As a note, real estate investment (which is considered as superb investment by the world’s elite) can net you a 10-20% Return On Investment (ROI). Not to mention real estate investment requires serious capital.
They encourage recruiting new investors (this is done by design, as the sweetest rewards/ROI is locked behind recruiting others).
They actively discourage selling or pulling out of your investment.
They will give you the “bitcoin started just like this” pitch.
They make it complicated and or costly to pull your money out.
How does crypto scams work?
First they will hype their crypto up to be like a “hidden gem” that will give high returns.
Then they recruit investors.
The only way to invest your money is by converting it to their crypto coin.
Little does the everyday investor know, that there is a high amount of crypto coin in the creator’s account, and early investors’ account (close friends and family).
As more investors are coming (due to hype and rewarded recruitment) the value of the coin increases.
Once the coin value hits a certain height, the coin creators and close friends quickly “dump” (sell) their crypto at current market price, earning them lots of money.
As a large ammount of coin has been sold and dumped to the marketplace, supply becomes more than demand, and thus drops the price of the crypto coin.
At this point late investors began panic selling, further dropping the price of the crypto coin, leaving late sellers (which is about 80% of total investors if not more) either stuck with their now worthless crypto coin, or forcing them to sell at a loss.
Worst thing is?
Remember that the investment only happens if you convert your USD/GBP/EURO (or other national currency). Which now converted back (sold) will be less than the originally invested amount (even if you got 100%-5000% return on your investment in the worthless crypto)
How will Mavie.Global promote their investment and Ultron (Ultron Coin) and try to proove that it is not a scam?
They will likely insist that it is not a scam because:
Ultron is on a BlockChain, which is safe and decentralized.
Ultron officially failed the blockchain review audit, and it is in fact not decentralized and not safe. All control is in the hands of the Ultron Team.
It is connected to other big name BlockChains like Binance and Ethereum etc. And these big names would not affiliate with Ultron if it wouldn’t be legit.
Being connected to a big name BlockChain doesn’t mean that they even know of your existence. It’s like me saying “I am not a scammer, because my company takes payments through Stripe/Paypall, and they wouldn’t allow me to use their service if I were a scammer”. The reality is that Ultron is using a connection service of these other BlockChain, that is all. Like the Indian scammer who takes your money through PayPall.
They will say that Ultron is the fastest growing layer-1 BlockChain. So it must be legit.
But there is no credible 3rd party site to verify this claim.
They will say that Mavie is an affiliate company of Ultron, thereofre if Ultron is legit, Mavie can’t be a scam.
Yes, but interestingly both Mavie and Ultron websites have the same design and almost the same registration date, so it is likely that one entity owns and started them both.
They will say “it has so many positive reviews”.
But they don’t really say that the positive reviews coming from MLM members. Meaning that MLM members (whose investment succeeds or dies based on the company’s reputation) will do anything and everything to secure their investment, they have all the reasons to say nice things about the company and protect it, and no reason to criticize it.
Ultron is in the top 5 TVLs! (I literally saw this in one of their presentations).
That statement is false, especially the 923million TVL (TVL means Total Value Locked – it is used to determine the amount of value in circulation on staking/investments/exchange etc. which shows the economical health of the currency-.)
Here is some publicly available top crypto TVLs:
https://coinmarketcap.com/chain-ranking/
And here is another one: https://www.coingecko.com/en/chains
Notice how all the rankings are mostly same, only Ultron is missing.
The actual Ultron TVL is around 7million (which is a bit less than the 923 million promoted)
Is Lottoday.io, flip-me.com, ultron.foundation, mavie.global, ultronswap.com, ulxscan.com - a scam?
For me it is. It is actually a multiple of scams in a scam network (if you ask me). Likely done by groups of scammers working together.
But it is up for you to decide. At best the associations of each organization is questionable, their marketing practices is dishonest and their transparency is criticize-able.
At worst, each and every one of these is a scam that is part of a bigger overarching scam. (according to me)
Other related links regarding ponzi schemes and fraud (Mavie, Ultron and 369X)
https://behindmlm.com/mlm-reviews/369x-review-second-mavie-global-ponzi-spinoff/
https://behindmlm.com/mlm-reviews/ultron-review-failed-givvo-ecommerce-platform-ponzi-reboot/
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I am afraid it is all true above. Those involved in MaVie and are so called ambassadors are also scammers without realising it. So many friendships and families will be broken up in the next year and a half when this scam will be busted.
I was introduced to it and invested due to a friend’s suggestion and a little information I saw. After months of digging for more info, basically there is nothing about ultron. This is the only article that covers the entire story of how great of a scam this is and most if not all will lose thousands of dollars.
Yeah. I already have friends and family members part of MaVie, and by extension Ultron.
One thing I always hear is “but what if the scam turns into a legitimate business?”
and “but if I am one of the early investors, I can still earn, right?”
The sad reality is that you have better chances gambling.
These companies have “exit strategies” set up for the time when their profit starts lacking, or when they have to pay out investors.
They’ll simply dump the coin’s value, and blame “speculators” for the loss of investors. And trust me, they CAN dump the value if they and when they want to.
Excellent piece of work on enlightening this major scam project.
Thank you. Took a bit of work and research. I hope the length is not an issue. I plan on doing more, so feel free to recommend scam projects to investigate.
Amazing! We need people like you to highlight these scams.
Hell yeah! Thought I feel like most people are uncertain about what they can say/write and how.
Not to mention that most victims of such scams would rather stay quiet and save face than to go public and be embarrassed.
let’s not forget that Lottoday is ILLEGAL in most countries because in order to provide a lottery you must be authorized locally. What’s worst is this: by buying a Lottoday NFT (gaming hubs) you are entitled to collect revenues on lottoday tickets. This is making people as accomplices, and thus prosecutables. Buying a gaming hub will make you part of the crime, and be a criminal. You are collecting money out of a criminal activity. But anyway there is no real money outcoming lottoday, because they are selling only a few tickets: they forecasted 700k per day, they are around 2600 a day. A total failure.
Let’s not forget the Ivanka NFTs that they sold for 1 Ethereum that have NEVER materialised and I doubt never will!