Oilwell.fun is the latest sensation in Nigeria’s investment landscape. This platform boasts the promise of daily earnings through investments in various products. It presents itself as an international oil company, giving Nigerians the opportunity to invest in oil wells and rigs across the country. The unique selling point here is that Oilwell.fun pools investments from multiple individuals to purchase oil wells. As these wells start generating income, the company claims to pay its investors daily returns.
In simple terms, Oilwell.fun lets you invest your money, and in return, it claims to provide you with a daily profit. But is this too good to be true? Let’s delve deeper into this platform.
How to Join Oilwell.fun
Joining Oilwell.fun is a straightforward process. Here’s a step-by-step guide:
- Create an Account: Start by creating an account through the registration link provided on their website.
- Log in: Once your account is set up, log in using your credentials.
- Choose an Investment Plan: On the homepage, you’ll find a list of available investment plans. Select the one that aligns with your investment goals.
- Make a Payment: After choosing your plan, you’ll be redirected to a page displaying the company’s account details. Make your payment, and your investment package will be activated. Now, you can start earning daily returns.
How to Make Money on Oilwell.fun
The primary way to make money on Oilwell.fun is through your investments. According to the information provided, you can expect a fixed 20% daily return on your investment. For example, if you invest 1,000 naira, you’ll earn 200 naira every day for 30 days.
Oilwell.fun Investment Plans
Oilwell.fun offers several investment plans with varying durations and daily returns. Here’s an overview of these plans:
- OW1: Invest ₦1,000 and earn ₦200 daily for 10 days.
- OW2: Invest ₦5,000 and earn ₦1,000 daily for 10 days.
- OW3: Invest ₦8,000 and earn ₦1,600 daily for 10 days.
- OW4: Invest ₦10,000 and earn ₦2,000 daily for 10 days.
- OW5: Invest ₦15,000 and earn ₦3,000 daily for 10 days.
- OW6: Invest ₦40,000 and earn ₦8,000 daily for 10 days.
- OW7: Invest ₦70,000 and earn ₦14,000 daily for 10 days.
- OW8: Invest ₦150,000 and earn ₦30,000 daily for 10 days.
Make Money on Oilwell.fun Through Referrals
Oilwell.fun sweetens the deal with a referral program:
- Level One (20%): Refer someone to Oilwell.fun, and if they invest, you get a bonus equal to 20% of their investment amount.
- Level Two (7%): If your referrals bring in new investors, you receive a Level Two bonus, which is 7% of the investments made by these new referrals.
- Level Three (2%): If the referrals of your Level Two referrals also start investing, you get a Level Three bonus, which is 2% of their investments.
Is Oilwell.fun Legit or Scam?
Based on the available information and our analysis, Oilwell.fun appears to be a risky venture. It’s important to exercise caution when considering investments in such platforms.
Several red flags suggest that Oilwell.fun might not be trustworthy:
- Unrealistic Returns: The promise of a 20% daily return is extremely high and often a hallmark of Ponzi schemes.
- Lack of Transparency: The platform’s operations and business model are not transparent. It’s unclear how exactly they generate profits to sustain such high returns.
- Ponzi Scheme Warning: The statement that Oilwell.fun is a “ponzi scheme” and a “scam” is alarming. While this is not definitive proof, it raises significant concerns.
- No Regulatory Approval: There’s no mention of regulatory approval or oversight, which is a standard requirement for legitimate investment platforms.