Easy Invest Five is supposed to be an investment program run by a smart contract on the Ethereum network.
This smart contract is supposed to ensure that everybody gets paid their daily 5% interest on deposit.
Can it really work this way?
Easy Invest Five
Let’s start by explaining what a smart contract is. It is an app that runs in the blockchain, so it can be setup in a way that nobody can alter it. It does things automatically when predefined conditions are met.
OK, so it can automatically do what is was programmed to do. That’s all. It cannot create money.
This means that it cannot pay more than what has been deposited. So, if Easy Invest Five promises a 5% daily return, it is basically a Ponzi scheme that will just redistribute deposits until it runs out of deposits.
It is not even needed to research whether Easy Invest 5 really runs a smart contract or not, because the important thing here is that it is a Ponzi scam that will quickly collapse. The technology behind such a scheme does not matter at all.
5% daily means 150% monthly and this is unreal even with some real business activity going on. But Easy Invest Five does nothing, so it will collapse very quickly.
Easy Invest Five is a scam, a Ponzi scheme that is doomed to fail. Don’t invest anything into it!
If you are interested in real crypto investing, start on a free demo with a regulated broker.
Practice until you understand everything and have a good strategy in place. Only then you can start trading with real money.