An online investment platform known as Nexus Rewards is generating enormous attention due to its lucrative $10 program.
In this post, we are going to review Nexus Rewards and let you know if it is legitimate or not.
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What is Nexus Rewards?
The online investment platform Nexus Rewards offers rewards for using specific services, like eating, travel, grocery shopping, and gas. It also has an affiliate program, for which a $40 initial fee is followed by a $9.95 monthly fee.
Art and Rob Phelps also known as the Phelp brothers are co-creators of Nexus Rewards and its headquarters is located in Virginia, United States.
According to SimilarWeb, the total visits on Nexus Rewards are 35K+ with the top countries reaching the United States (69%), New Zealand (15%), and Belgium (2%). Moreover, its domain was last updated in August 2022, as per WHOIS.
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|Domain registration date
|4 January 2022
|7308 Hanover Green Dr. Suite 300 Mechanicsville, VA 23111
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Nexus Rewards Review
After investigating Nexus Rewards’ business model and website profile on the internet, we found grey characteristics in it. Let’s take a closer look.
- Founders information present
- Headquarters address provided
- Email for contact support provided
- Suspicious past of founders
- Suspected Pyramid Scheme
- Lack of clarity in business
- Lack of reviews on the internet
There are a lot of dubious characteristics about Nexus Rewards, even if it has given some information that may make it appear legitimate. One of the primary dubious features is the lack of clarity on their products, which have undergone continual revisions.
Furthermore, a lot of MLM specialists have called this a potential pyramid scheme that might fail in the future, and the fact that its creators have connections to persons who were involved in other pyramid schemes that have collapsed raises even more concerns.
It wouldn’t be accurate to describe it as a total hoax, though, given it is now providing real services, but there’s a good chance it will fail eventually. To avoid losing a significant amount of money, we advise that you only participate in Nexus Rewards with a healthy dose of skepticism.
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Who is the operator of Nexus Rewards?
Rob Phelps and Art Phelps are the operators of Nexus Rewards
From where Nexus Rewards is operating?
Nexus Rewards is operating from Virginia, United States.
Is Nexus Rewards legit?
Yes, currently Nexus Rewards appears to be legitimate but its future will tell a lot about its legitimacy.
Should I use the services of Nexus Rewards?
Yes, you can use the products or services of Nexus Rewards but at your own risk.