27/03/2023. Noweon Review and Weekly CryptoNews Digest
Beware! Noweon has stopped paying! Do not invest there!
Hello all, and welcome once more to the MNO blog for all the major news stories from the world of HYIP and cryptocurrencies for nearly sixteen years. I am fully aware that over the last few years the HYIP industry has drifted away from the golden years and might be overshadowed by what investors might make from cryptocurrencies but perhaps the tide has turned now that we have such excellent performers as ShuttleRent and the recent promising newcomer Noweon I’m about to review below before covering the major news from crypto markets that happened over the last calendar week in the Weekly CryptoNews Digest on MNO.
Before discussing the main subject let me remind you that you may subscribe for entire blog posts to be sent directly to your email address here. If you have any questions or suggestions to me forward them to my personal email at abramsonp@gmail.com, submit your query via this contact form or just chat with me live on Telegram @mnoblog. And of course, it’s important to follow MNO on Telegram, Facebook, or Twitter, where all the important notification including the newest additions to the monitor are posted first. Don’t miss the opportunity to find out about the hottest HYIPs of the year from the most respected blog in the industry, guys!
Spring is in the air and we can clearly see that it in the HYIP industry as well. With the launch of Noweon becoming the first program of the year to be listed on the Standard List on the MNO monitor we can hope that the industry might see a turnaround after years of a highly weakened position. Whether Noweon will be able to change the direction of where the HYIP industry is heading remains to be seen. Today though we will have a closer look at the program and its main features in the detailed review I’ve prepared for all the MNO readers. Let’s begin our journey!
As I have mentioned already, Noweon is a brand new program that launched just a few days ago, and the first to join the Standard List in quite some time. In the review we will have a closer look and see what Noweon have to offer that you think might have a place in your portfolios or if you think they might have some advantage over what else is going on in the industry these days.
There’s a pretty simple choice to make when it comes to the investment plans. There’s four in total which I’ll try and explain for you as best I can here so at least MNO readers will have a fair idea of what they’re getting into, though realistically I’d have to say only two are going to be affordable for most investors. I know your own budget is up to you to decide, I’m only speaking as a monitor where I can see the amounts my downline are investing, so I do know the lines between most of you fall in this area.
The one I’ll start with as it’s the most affordable can be joined for a minimum deposit of $25. The plan runs for 50 calendar days, during which Noweon will pay you a daily interest rate of 3%. Payments are made seven days per week, Monday to Sunday, with your principal already factored into your returns. That’s your own money back plus 50% net profit.
So let’s say for a sample $100 deposit you can earn $3 in interest every day until such a time as you have taken $150 back from the program. The risk you take is for the first 34 days, after which your initial investment is earned back and you break even. For the remainder of the term every other payment is pure passive profit, so even if Noweon collapses you still don’t lose money after that. The maximum you are allowed to invest in this 50 day plan is $2,500, so speaking from experience the majority of HYIP investors are only going to be looking at this plan.
But what if you are not in the majority? Noweon have other options for bigger spending players with bigger operating budgets and not afraid to take higher risks for better rewards. If you want to start with a $2,501 minimum investment for example you can join a 30 calendar day plan that pays a return of 5% per day. A simple calculation here tells us that the eventual net profit is the same as the first plan in percentage terms, i.e. you get the same 150% back on your investment, however the reward is that you break even and reach profitability that little bit faster. Noweon return your money 20 days into the term, and have you in net profit after that regardless of what else happens. You may, if you can afford to risk it, deposit as much as $7,000 maximum here.
After that, financially speaking anyway, things get a bit more stretched. But like I said, if you happen to be lucky enough to have the budget then it’s your money to spend as you see fit. The third investment plan in Noweon opens at $7,001 and runs for a term of 20 calendar days, paying Monday through Sunday. As you can see, with your principal already included with your payments the final sum you will earn is again 150%, or 50% net profit. The advantage of taking the bigger financial risk is that you might break even after 14 days if you want to take the gamble on Noweon lasting that long. Your maximum deposit is capped at $15,000 in this plan.
And finally for the seriously high rollers, if there are in fact any of you still left out there in the HYIP industry, the fourth and final plan in Noweon starts at $15,001. In keeping with the other trends, the term shortens but the interest rate grows. In this case you are offered a daily payment of 10% for 15 calendar days, Monday to Sunday. A higher financial risk for the same percentage return – 150% at the end – just a shorter waiting period of 10 days until you are over the line and into the profit zone so no longer have to worry about getting your own money back.
Well, the thing is at this point it’s cheap and easy and convenient to just say “it’s a good program” and leave it at that. The reality is that this depends on the investors. The admin can have the best intentions in the world – and in this case I do think he has – it’s just up to the investors to decide to play or not to play.
If you do decide to play then the next thing to discuss is what are your payment options. In keeping with the times, gone are the old days when investors could spend traditional dollars (or even more rarely euros). It’s entirely digital now with Noweon, only cryptocurrencies are in use. This has both good and bad points on paper you might think, though in this case the Noweon admin is pinning crypto to dollars at a fixed rate so your profits won’t fall if exchange rates collapse. I know, this is an absolute lottery, exchange rates may or may not suit you from day to day, it’s just another part of the risk. Personally I think it’s worth it since you definitely get a fixed return on your income, you are free to disagree of course. As it stands Noweon accept BitCoin, Ethereum, DogeCoin, LiteCoin, Tether (via TRC-20, ERC-20 and BEP-20 tokens), Tron, BinanceCoin, and Solana.
Smaller investors please take note that there is a minimum withdrawal of $10 in place. For the most part these should be done instantly but are by no means guaranteed if you are going for bigger amounts. In this case expect to wait 24 hours at most before contacting Noweon support.
If you have any further questions about the program you don’t think were addressed here or any account related issues you need to have the Noweon admin deal with for you, then there’s a couple of different methods you can use to get in touch. Naturally you should always start with the FAQ page of course, you can save everyone including yourself a lot of time and effort if your question is explained there. You can fill in your details online support form and submit it through the contacts page. If English isn’t your strong point there a translated version of Noweon into German, French, Spanish and Indonesian.
Fans of social media networks will be able to connect with Noweon using Telegram, Twitter, and Facebook. Note that Telegram support is the most extensive one offering three options of communication – chat, support and channel – so you can choose one or more options depending on what you need on the day.
You can e-mail them directly or fill out the customer support form. Noweon do offer a postal address but you’d probably be wasting your time going down that route. A certificate of incorporation is also there for vieweing claiming that the company, under the name Noweon LLC, has been registered earlier this year in the US District of Columbia (that’s Washington DC for non US readers). Now some savvy investors might be sceptical about the whole thing, but at least the admin has made an effort to make Noweon look attractive to potentially larger investors – those who might positively contribute to the survival of the program in the long term.
When it comes to the technical aspects of the program Noweon has succeeded on this level as well. Although it uses a licensed version of the well-known GoldCoders script it has been nicely modified to accommodate investments via cryptocurrencies made at a fixed rate and instantly processed payouts. The site is SSL-secured by GeoTrust and is hosted on a dedicated server by OVH with CloudFlare protection – some necessary tools to mitigate possible DDoS-attacks once the program gets bigger. The domain name is registered for five years in advance which is a nice bonus that could also nugde potential big investors towards long term plans which the admin of Noweon clearly has in mind for his project.
As far as the alleged business activities of the program are concerned, Noweon describe themselves as trading in crypto-currencies to finance payments to members. There’s nothing going on there you can independently verify for yourself, so better treat them the same as any other online HYIP. Set yourself a sensible spending limit that you can comfortably afford to lose and will commit to stay under at all times, and if you do sign up for Noweon then try and keep them as a smaller part of a wider more diverse investment portfolio.
All in all it looks a highly professional set-up. Very slick and well set up, but better than just that. I think it’s also been better planned, better organized, and better executed than what we have seen in the HYIP industry in for a few years now. Of course whether or not the wider investing public take to the program is a whole other matter. Most likely initial growth will be slow given the current industry crisis and the fact that the experienced investors are more cautious than ever as a result. But that’s not all that bad when it comes to programs like Noweon. In fact in this case it can be a distinct advantage. Building a reputation (and being prepared to work on it) over the coming weeks and months will do them the world of good and by starting on it now they should really be in prime position to explode come the spring and summer months. There’s no doubt that the industry will recover eventually, it may not be today or tomorrow mind you, but if and when it happens Noweon looks a likely candidate to be one of the leaders. Whether the industry gets back to what it was in previous years is highly debatable, but nonetheless this one is definitely a potential leader if it ever does happen.
Plenty to think about in there for sure, but if you’ve already come to a decision about whether Noweon is suitable for you or not then perhaps you wouldn’t mind sharing with the other readers and answering the following poll. Remember it’s 100% anonymous and untraceable, and will eventually tell us how many people were right to go with their first impressions of the program either for better or worse.
I do hope that you have enjoyed reading the review of Noweon and might consider adding it to your well-diversified portfolio. MNO in turn will be monitoring the program closely while reporting any changes and improvements the program may undergo in future. And please remember to vote in the MNO TalkBack new poll asking the following question – What are your chances to profit from joining Noweon at the right time? I think you should now have a better idea of what to expect and able to pass a more qualified judgment on the subject. Thanks in advance for your votes, guys!
Now that we’ve done with the review let’s have a look at what happened in the crypto market over the last seven days, March 20 to March 26, 2023. The Weekly CryptoNews Digest is next on the MNO blog.
You might remember the recent collapse of a huge US financial institution called Silicon Valley Bank. This incident has reverberated across the world putting some financial markets into turmoil and even raising concerns that it could be a precursor to a new financial crisis as witnessed back in 2008.
Silicon Valley Bank collapsed on March 10 after rumors of a severe liquidity crisis at the bank prompted a bank run. The FDIC was then appointed as the receiver of the failed bank and in turn attempted to auction off the fallen bank. And several firms were understood to have either been planning or had submitted bids for the collapsed U.S. bank.
And it’s now announced that North Carolina-based First Citizens Bank is set to acquire all deposits and loans of Silicon Valley Bank, according to a statement from the Federal Deposit and Insurance Corporation.
Under the March 26 purchase and assumption agreement, seventeen former branches of Silicon Valley Bank will re-open as First Citizens Bank and Trust Company on Monday, March 27, and all Silicon Valley Bank depositors will automatically become depositors of First Citizens Bank.
That might be very good news for all the traditional investors but could negatively affect crypto markets that may lose some value due to calmer moods from traditional asset holders. Although the next market movements can be decided by many other factors not necessarily connected to the traditional banking institutions. Anyway, we will wait and see what happens next!
BITCOIN MIGHT ENTER BULL MARKET NEXT WEEK, ANALYST SAY
Despite going below the $27K mark today some analysts speculate that only in a week’s time BTC will abandon its bear market and resume its bullish trend. That is according to Rekt Capital, who on March 26 presented an optimistic picture of how BTC/USD would likely finish the month.
The pair’s recent gains have put it above a macro downtrend in place since its 2021 all-time highs, but the March close would be the first potential candle to complete above that trend line on monthly timeframes.
“Next Saturday, the BTC Monthly Candle will have closed above the Macro Downtrend to confirm a new Bull Market,” Rekt Capital commented. Well, I should hope these experts know what they are talking about. We all need BTC to go up and up this year which may positively affect the closely interconnected HYIP industry as well. So we will keep fingers crossed!
BITCOIN CHAMPIONS LOSING MILLIONS
It looks like not only newbies may possibly lose their cryptocurrencies if invested in a wrong way. The dangers for crypto billionaires might be even higher, although the stakes are higher for them too. Although the most present dangers are not from hackers but from the government bodies which may result in wiping their wealth out overnight.
The former Twitter CEO and current chair of payments fintech Block Jack Dorsey lost around $525 million after their main investor Hindenberg Reasearch said it was shorting the company’s shares. That happened after they uncovered the evidence that Block facilitated fraudulent payments. The shares of Block immediately tanked 15% on such news and traded much below its former values on Friday.
While at the same time the founder of crypto exchange Coinbase Brian Armstrong lost about another half of a million dollars. That happened after Coinbase revealed that the US market regulator was considering taking enforcement action against the company’s security laws violations. As a result of that Coinbase shares also tanked at about 14% last Thursday.
CRYPTO BOSS ARRESTED IN MONTENEGRO
Do Kwon, a fugitive cryptocurrency boss who was behind two digital currencies Terra USD and Luna, was arrested in Montenegro last week. He was trying to travel on false documents while trying to board a flight to Dubai at Podgorica airport. The Montenegrin police said in a statement they had found forged Costa Rican passports and a separate set of Belgian passports in his luggage during the encounter. “Pending completion of the (court) proceedings they will be taken to an investigative judge…for further actions according to an international (arrest) warrant,” the statement from the police said.
I remind you that Do Kwon co-founded Terraform Labs that developed the TerraUSD and Luna currencies. His company lost $40 billion last year after orchestrating crypto asset security fraud. After that he was charged with two counts each of securities fraud, wire fraud, commodities fraud and conspiracy. Both currencies crashed last May, with TerraUSD’s price sinking to less than one penny. The criminal case follows related U.S. Securities and Exchange Commission civil charges against Kwon and Terraform last month. Kwon had been a fugitive for several months. South Korean authorities issued an arrest warrant for him last September. Now he will hopefully face the judgment he deserves.
And that was it for today’s Weekly CryptoNews Digest. Please stay tuned for more news from the field in the next Monday’s post on my blog.
GET PAID REPORT FOR 27/03/2023
Here is the list of the programs from my monitor that paid me for the last 96 hours:
From MNO Sticky list: –
From MNO Premium list: –
From MNO Standard list: Noweon.
From MNO Basic list: ShuttleRent.
That will be it for today, guys. Thanks a lot for reading and for making an effort to find out more on the newcomer Noweon on the MNO monitor. Hope there will be more positive news to come and future additions of promising programs to my list. The new HYIP year has been officially started on the MNO blog, it appears! I will talk to you again in a few days on MNO – For Money Lovers!
Filed under Cryptocurrencies, Daily News, Reviews by on Mar 27th, 2023.