EtherLink is a ponzi scheme which is simply a reboot of LendConnect that started in late 2017 and collapsed in early 2018. EtherLink anonymous owners are not likely to disclose their identity but most of the links of the website redirect to the pages of LendConnect.
LendConnect that was started in late 2017 as an ICO Lending Ponzi Scheme and soon was shut down. The website still has the announcement for a rebranding. EitherLink’s website does not mention about this rebranding. However, when you will click on the whitepaper, you would be redirected to EitherLink’s website.
The domain (etherlink.io) that was registered privately on 5th April 2015 was with another owner and on 5th April 2018, the ownership was updated when the domain was selected to start the reboot program of LendConnect.
Here we are to discuss the EtherLink offerings, so keeping the details aside about LendConnect, let us check out what this company has to say.
There is nothing more to add after discovering that EtherLink is the reboot of LendConnect. LendConnect collapsed in 2018 and before that, it made sure that every investor is skimmed for money.
Also, EtherLink claims to be the first Ethereum based lending platform is laughable. These days, most of the ICOs come up with the similar program trying to cash in the name of Ethereum. They plan to open a Ponzi Token Exchange. This could be seen as the only differentiating factor between them and other ICO Ponzi scams. It may sustain a longer with the transaction fee. However, there is not much to hold this program stronger for longer.
Once, the recruitment will die, the platform will collapse as well. Those who would be investing early would be able to make some profit. Others will meet the same brutal fate. The company anonymous admins will leave once the platform collapses.
The investors will be left mourning. There is nothing much one can do as it is pretty obvious after LendConnect rebooted the program under the name of EtherLink.
So, if you wish to save your money, do not invest in EtherLink.