Looking for a HyperOne review?
I started receiving promotions for HyperOne earlier in the week so decided I’d take a closer look.
I’ve researched it to find out more and put together an honest review sharing its pros and cons.
Keep reading below to get all the info.
Before I start…
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HyperOne Review
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Introduction to HyperOne
HyperOne was created to develop a new decentralized and distributed ledger system that will be the sidechain for blockchain-based and non-blockchain systems.
It has been referred to by some people as a Sam Lee Hyperverse spin off (Sam Lee and Ryan Xu, and their associates are behind a program called Hyperverse and it is seen as a precursor of Hyper One).
It will allow value and information to flow between these systems and enhance blockchain interoperability while improving security and privacy.
It also addresses the barriers that have to be breached for the industry to truly reach its full potential as it continues to grow at an unprecedented pace.
For example, it provides the platform for smart contracts which are one of the most promising tech solutions.
HyperOne solutions are needed because tokens can be safely transferred between blockchains, allowing projects to decentralize entire ecosystems.
HyperOne is made up of the most intelligent people in blockchain as well as Big Data, Cloud Computing industry experts, and cryptographers from top academic institutions throughout the world.
The HyperOne Token (HOT)
The cryptocurrency used on HyperOne is the Hyper One Token (HOT).
It is described as the cryptocurrency of a distributed ledger that links block-based (like Bitcoin) and blockless blockchain (like Ethereum) systems.
HOT intends to solve some of the problems affecting blockchain technology that have arisen over the past few years despite the success of Bitcoin and Ethereum, which have shown how valuable blockchain technology is and its massive potential in the future.
One of the main challenges of these cryptocurrencies is their restrictions on where they can be applied.
For example, while they can be traded seamlessly on some centralized exchange platforms, due to the fundamental differences in the underlying systems, they can only circulate within their systems.
They cannot be traded freely from blockchain-based to blockless systems or vice versa.
On top of that, just as these cryptocurrencies serve as the tools of exchange for goods or services in a blockchain-based system, they created this system because we need a new type of asset in the new system that can reflect the value of goods or services objectively.
HyperONE was created for that.
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Multi-Level Marketing Opportunity
There are various ways you can make money when you become a HyperOne Associate:
- Multi-Level Marketing: HyperOne pays you a referral bonus if you invite family and friends. 10% of the company’s weekly total sales volume is supposed to be shared among top-level achievers.
- You earn more rewards if you stake HyperOne NFT or become an NFT miner.
To become an NFT Miner, you have to subscribe to Hyper NFT worth $100.
Here are the main benefits you receive when you sign up for HyperNFT’s package:
- A HyperNFT package worth $100 generates 0.5 H1 units every day for 400 days. Each H1 unit can be traded for one US Dollar (as of writing this)
- You can collect all H1 units at once using the secure H1 button, which is convenient.
- You can transfer the H1 units you receive (peer-to-peer) or withdraw them in the HyperOne Token (HOT).
There is a caveat, which is: that if your account is eligible for other rewards, it will not be eligible for H1 units.
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Hyper One Compensation Plan
The HyperOne program has a binary compensation plan comprising two teams that are usually referred to as the Left Team and Right Team.
The plan reads:
“To maximize your earnings, you have to refer to at least two affiliates on each of your teams.
The Hyper points of both teams are equally matched daily with payments made In Hyper Unit (HU) daily depending on the value of Hyper Rewards point (HRP)
Hyper points remaining in the stronger team’s accounts will be accrued on the next reward calculation. Each referred account that subscribes to the $100 package of HyperNFT will be counted as 100 Hyper Points.”
Here is an example:
Here are the terms of the plan:
- Every account you refer that subscribes to the $100 package of HyperNFT will be counted as 100 Hyper Points.
- For every hyper point you have, you can earn between $5 to $20 depending on your HyperOne NFT mining level.
- The highest amount you can earn daily is $1200, according to your HyperOne NFT mining level
As a HyperOne NFT miner, you can purchase NFT mining packages from Level 1 to Level 5 directly from the HyperOne dashboard.
Mining Levels:
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HyperOne Enhanced Maxout
There is a bonus reward system called HyperOne Enhanced Maxout (HEM) where you get paid in Hyper units (HU).
You can either transfer Hyper Units (HU), Peer, to Peer (P-P), or cash them out. This bonus is paid daily based on your mining level.
HyperOne NFT Mining Staking Rewards (MSR)
This is yet another bonus payment that is paid in the form of HyperOne’s Hyper Units (HU). You can transfer Hus or cash them out.
If you resubscribe to HyperOne NFT packages from Level 1 to Level 5 after 400 days, you will generate Mining Staking Reward (MSB) or another cycle.
If you resubscribe from Level 6 to Level 12 after 400 days, you will not generate Mining Staking Reward (MSB).
Instead, you will be eligible for HyperOne Exhanced Maxout (HEM) and HyperOne Royalty.
HyperOne Royalty
Out of all the weekly sales, 10% of it is shared among top-level achievers.
HyperOne Royalty bonus is paid in Hyper Units (HU) based on your mining level.
This royalty is paid for 50 weeks and after repurchase, it is valid for a further 50 weeks.
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Is Hyper One Legit?
Hyper One is legit but since it is relatively new, it is hard to tell whether it will be a success in the crypto space. Some already call it “the hyperone scam” but it feels like it’s too early to pass judgement.
It follows in the steps of other similar programs like Stradler.cc and Crypto Mining International Limited.
It looks like the main way you can make money on HyperOne is by recruiting other people to join it (and not by mining NFTs). Therefore, there is an emphasis on recruitment to the MLM and that’s the gist of it.
It has a token called HOT that is still untested. Therefore, I can’t comment on its value in the market or whether you can make money if you buy it.
Pros of Hyper One
- Hyper One has a secure network that features quantum-resistant signature technology.
- It is decentralized and open-source.
- HyperOne is created in a way that facilitates the exchange of information between blockchains and non-blockchain networks.
Cons of Hyper One
- It is still untested thus it is hard to tell whether it will work out or be exposed as a Ponzi scheme.
- Affiliates can only market HyperOne affiliate membership
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Hyper One Verdict
At a time when cryptocurrencies and NFTs have been getting a lot of attention, MLM schemes and ponzi schemes are usually put out to get people to sign up for a program that promises rich returns.
As I mentioned, HyperOne is a relatively new program so it is hard to tell whether it will work out. However, there are indications that it will have an emphasis on recruitment rather than mining.
It will be interesting to see how this plays out because the market is always on the move and new projects either work out or fail. Hopefully, these Hyperone reviews will help out.
That being said, if you are interested in making money online, there are other reliable ways to do so.
Before you leave
If you’re tired of scams and want a real solution for making money online check out my no.1 recommendation.
It’s helped me earn over $300,000 in the last 12 months alone:
Go here to see my no.1 recommendation for making money online
(This is a 100% free training)
David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.