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Our first Nimbus Platform review was released in August of last year.

We return to the Nimbus Platform today for an updated assessment, as requested by a reader last month who claimed: “things have changed.”

CEO Andrea Zanon and David Mazaheri founded the Company. Fernando Martinho took over after Zanon resigned in September.

Fernando Martinho’s name was removed from Nimbus Platform’s website sometime last week. It looked like this before:

The corporation has not addressed this sudden disappearance, either on its website or through its social media outlets.

Martinho is based in London, UK, according to his LinkedIn profile.

Martinho’s LinkedIn page does not mention Nimbus Platform.

Martinho’s most recent appearance was long ago, in a webinar on December 21st, 2020, which was uploaded on Nimbus Platform’s official YouTube channel. 

Nimbus Platform does not list a business address on its website, but it continues to function under the name Nimbus Platform LTD.

Nimbus Platform LTD is a Malta-based shell business!

Products by Nimbus Platform

Nimbus Platform offers no retailable products or services; affiliates can only promote Nimbus Platform’s affiliate membership.

The Compensation Plan 

Nimbus Platform’s affiliates invest in NBU tokens with the hope of a passive return.

Nimbus Platform holds NBUs for 60 days after initial investments. If an affiliate decides to seize the tokens after this compulsory 60-day period, a 7% annual ROI has to be paid.

Nimbus Platform does not disclose the actual internal value of the NBU token. How do you think, why?

Despite the fact that NBU tokens are purchased with actual money, Nimbus Platform pays all returns, commissions, and bonuses in NBU tokens, which all investors soon guess- are worthless.

Payouts are also promised via a convoluted percentage system:

“Rewards will be awarded to you on a daily basis, with each reward locked for two months before being gradually released through the smart contract in 20 % increments over five months”.

Referral Commissions

Nimbus Platform offers a 10% referral commission on NBU tokens purchased by personally recruited affiliates.

The 10%, I assume, is also paid on any NBU tokens obtained by the affiliate after the initial investment.

Swap Reward

The Swap Reward is paid by Nimbus Platform using a uni-level compensation structure.

In a uni-level compensation system, an affiliate is put at the head of a uni-level team, with every individually recruited affiliate placed right beneath them:

If any level 1 affiliates bring in new members, the new affiliates are assigned to the original affiliate’s level 2 uni-level group.

If any level 2 affiliates bring in new members, they will be promoted to level 3 and so on indefinitely.

The Swap Reward is calculated as a proportion of tokens “swapped” for anything else via Nimbus Platform’s internal market.

Nimbus Platform limits the Swap Bonus to six uni-level team levels, which are as follows:

  • Level 1 (personally recruited affiliates) – 0.06 %;
  • Level 2 – 0.03%; 
  • Level 3 – 0.02%; 
  • Levels 4 and 5 – 0.015%;
  • Level 6- 0.01%.

Joining Nimbus Platform

The company’s website does not include information on affiliate membership costs.

We know that to participate in Nimbus Platform’s income opportunity, an investment in NBU tokens is required.

Any minimum NBU token investment requirements, like affiliate membership fees, are not disclosed.

Conclusion

Nimbus Platform’s original NMBT token Ponzi scheme failed, despite am attempt to explain it officially.

They’ve restarted with NBU coins, which would have taken them less than 2 minutes to create on the ERC-20 platform.

The initial Nimbus Platform Ponzi was linked to an Avalon trading bot, which appears to have been abandoned for the time being.

Nimbus Platform has designed two additional Ponzi shit tokens in addition to NBU: Nimbus Governance Token and STAN.

Nimbus Governance Token (ERC-20 standard) allows for voting and the distribution of Nimbus Platform transaction fees among its holders.

STAN is a Stablecoin that is backed by USD in a one-to-one ratio.

It contributes to Nimbus’s reliability and provides a variety of use-cases for users to profit from.

Nimbus has taken a step back on the pay front, abandoning its fleshed-out referral structure in favor of a flawed exchange bonus model.

I’m not sure why they’ve gone this route, given that NBU doesn’t cost Nimbus Platform anything to generate.

In any case, Nimbus Platform is not registered to offer securities in Malta, the United Kingdom, or anyplace else.

This means Nimbus Platform is conducting securities fraud. The lack of any retail product or service adds to the dark picture.

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