Uulala Review

Introducing Uulala

Uulala is really a company on a mission. Owned by minorities of first or second generation Latino descent, it aims to facilitate and accelerate the financial inclusion of the under and non-banked in the Americas. Uulala empowers users by providing financial tools and services critical in building credit, sending money and participating in e-commerce. Uulala can move those without access to banking and traditional banking services now far from a cash-only environment for the initial time.

The platform also enables users to be involved in a full selection of services they might not access before. Including the ability to send and receive secure financial transactions digitally and via mobile phones, pay bills, build credit and even access digital goods, services, and entertainment once out of reach as a result of no access to banking services.

As Oscar Garcia, the co-founder of Uulala said in what drives the organization, especially now, “We're at a tumultuous amount of time in history where in actuality the Latino community has lots of fear about what will happen with the US government and US financial institutions and how that will affect their ability to work, save and support their families.

Uulala was developed to function as beacon of light or mechanism to sustain and empower a culture that's been cast aside.”

Uulala's Compensation Plan

Uulala's compensation plan pays on referral of companies to its Batched finance platform.

Mounted on this can be a “validation node” investment scheme.

Joining Uulala

Uulala affiliate membership is associated with investment in a $1100 validation node position.

Remember that Uulala marketing material states the necessary investment amount will increase with every 500 positions invested in.

Conclusion

Lucrazon Global's marketing schtick was a money alternative platform.

Affiliates invested $1000 to $15,000 and collected an inactive return, purportedly generated via usage of its platform.

The truth is Lucrazon Global was a Ponzi scheme, primarily recycling invested funds to cover returns to affiliate investors.

Uulala is essentially that same model but with cryptocurrency and “digital points&rdquo ;.

The original plan was probably to utilize UULA and EUULA tokens, nevertheless the SEC put a stop to that https://scamrisk.com/uulala/.

Still, whether or not UULA, EUULA or digital points are utilized, Uulala's validation node investment scheme is still a securities offering.

Oscar Garcia himself represents that validation node positions are worth $5000.

Much like all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This can starve Uulala of ROI revenue (either partly or full), eventually causing a collapse.

The math behind Ponzi schemes guarantees many participants lose money.