Athene Network Review: AI crypto mining ruse Ponzi

To function, Athene Network motivates individuals to become affiliates and then encourages those individuals to acquire further members. There is no truth to their claims that they have sophisticated artificial intelligence technologies.

Instead of providing genuine goods or services, they concentrate on increasing the number of affiliates they do business with. It is then requested of these affiliates that they download an application and click a button daily to ostensibly earn tokens known as GEM. An affiliate is meant to obtain a greater number of tokens in proportion to the number of recruits they bring in.

Having said that, these coins do not have any actual value outside of the Athene Network. Affiliates can attempt to cash them out, but the procedure is somewhat difficult. They could be required to pay fees to avoid verification checks, and even if they do pay those costs, withdrawals are often delayed or forbidden.

Additionally, Athene Network makes an effort to entice affiliates to invest additional funds using “angel investment rounds” and a “premium package.” However, doing so is against the law and presents severe dangers to investors.

For the most part, the Athene Network is dependent on recruits paying fees to maintain its existence. This is a fraudulent plan that, in the end, causes individuals to spend both their time and their money. Avoiding it is the greatest approach to protect yourself from being taken advantage of.