iX Global, a multi-level marketing (MLM) company, has launched a new crypto scam called Debtbox. Its co-founder Jake Anderson and Travis Flaherty known person behind it. The platform started on January 4, 2023.
According to information, Debtbox is a blockchain-based platform that provides access to a range of commodities and tokenized commodities. The platform claims users to purchase licenses for a range of commodities, including gold, natural gas, aluminum, and silver.
The licenses are used to support the transactions on the blockchain and the mining of the tokens. Additionally, the platform offers rental programs.
D.E.B.T. stands fro Decentralized Eco-friendly Blockchain Technology.
Debtbox can be accessed through its mobile app, which is available on both Android and iOS, and through its desktop app, which is compatible with Windows and macOS.
Debtbox also has an affiliate program that allows users to earn from the purchase of other people’s licenses.
The platform also provides a back office, users can manage their licenses and participate in the mining of tokens. The back office claims to have features and tools to help users monitor their tokens, transactions, and rewards.
They claim that the platform uses cutting-edge technology to ensure the safety and security of its users investments.
They also claim that the platform is built on a decentralized blockchain, which provides a secure and transparent ledger of all transactions. As per information on the website, the platform uses encryption and secure storage mechanisms to protect users’ personal and financial information.
Debtbox promised to provide a passive income source. As per the information, by purchasing licenses and participating in the mining of tokens, users can potentially earn rewards in the form of tokens.
These tokens can then be sold or traded on the platform or on external exchanges, providing users with a source of passive income.
It is important to note that starting January 4, 2023, all software mining licenses must be hosted through D.E.B.T. Hosting or a third-party hosting service, so it is necessary to keep this in mind before using the platform.
It is not sure about the authority of the company, but the company has a red flag of scams and frauds of collaborated company iX Global. It is considered that Debtbox can be a much too. Users are advised to check the proper details and background of the company and its founders.