Introducing Uulala
Uulala is just 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 first time.
The platform also enables users to be involved in a full range of services they might not access before. Including the capability to send and receive secure financial transactions digitally and via cellular devices, pay bills, build credit and even access digital goods, services, and entertainment once out of reach because of no access to banking services.
As Oscar Garcia, the co-founder of Uulala said about what drives the company, especially now, “We're at a tumultuous amount of time in history where in fact the Latino community has lots of fear about what'll happen with the US government and US financial institutions and how that may affect their power to work, save and support their families.
Uulala was developed to function as the beacon of light or mechanism to sustain and empower a culture that has been cast aside.”
Uulala's Compensation Plan
Uulala's compensation plan pays on referral of companies to its Batched finance platform.
Attached to 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 required investment amount increase with every 500 positions invested in.
Conclusion
Lucrazon Global's marketing schtick was a finance alternative platform.
Affiliates invested $1000 to $15,000 and collected an inactive return, purportedly generated via usage of its platform.
In fact Lucrazon Global was a Ponzi scheme, primarily recycling invested funds to pay returns to affiliate investors.
Uulala is essentially that same model but with cryptocurrency and “digital points&rdquo ;.
The original plan was probably to make use of UULA and EUULA tokens, however the SEC put an end to that.
Still, whether or not UULA, EUULA or digital points are utilized, Uulala's validation node investment scheme continues to be 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 resulting in a collapse.
The math behind Ponzi schemes guarantees many participants lose money Visit Now.
