We are often asked the question - is xxx a legit company or scam?

We decided to add this question in the FAQ to refer to it.

99.9% of the projects on our site are "HYIP" projects that have nothing similar with the legit companies.

What is a HYIP? This is a kind of lottery or casino where you “invest” in the hope of getting money back with interest. Almost all of them work according to the Ponzi scheme, where the deposits of new "investors" go towards paying interest to previous participants.

Therefore, the question is whether the company is legit or is this a scam irrelevant. From this point of view, all projects presented on our website are scam.

But in HYIP projects, the status "scam" has a slightly different meaning. As long as the project pays money to "investors," it is considered paying (or legit), as soon as payments stop or large delays/selective payments begin, the project is moved to scam status.

In this case, it is easy enough to answer the "scam or legit" question (in the meaning of HYIP) - if the project has a scam status on our monitor, then it most likely stopped paying, if not, then it is "legit" (or "paying" in case of HYIP).

The project can go to the "scam" status at any time. There are a huge number of reasons why projects stop paying:

• Out of money in the project wallets
• Project site or wallet was hacked
• The admin of the project decided to stop working as he considered that there was enough money in the wallets or he was just tired

etc.

That is why we do not respond to the request to recommend a project in which to invest money - any project can stop working in a minute, hour or day after the "invest".

We repeat once again - this is a lottery, in which a good part is occupied by just luck. But, unlike the lottery, some analysis is possible in HYIP projects, which is why HYIPs are so popular.

And in order to answer the question again whether the company is legit, we will list the signs that legit companies cannot have in principle.

Legit companies:

• Do not pay huge interest (do you really think that a company with legal activities can pay > 50% per annum?)
• Clearly describes its activities (without any information about super-duper Forex traders, etc.)
• Does not accept 10 dollar deposits (but describes itself as a company with billions in turnover)
• Does not accept money from anonymous customers, without any agreement
• Do not create domains in the free zone (.pw, .tk) (or zone such as .fun, .info, etc.)
• Do not indicate that they have been working for several years, with the domain only a few days
• Do not use free SSL certificate (Let's encrypt)
• Do not use payment systems like PerfectMoney or Payeer
• Do not use the design of other sites or scripts like GoldCoders without design
• In principle, do not use scripts for HYIP projects (GoldCoders, H-Script)
• Do not buy ads on HYIP monitors
• The referral program (if any) does not offer direct payments, only bonuses for using the company's services

Remember, HYIP is a game in which you can both win or lose your money.

Read, study, analyze to increase your chance of winning!

And to test our ability to invest in HYIP, we offer you a unique opportunity - Demo investments!

You can read about demo investments below

The project card displays:

• number of project page views
• number of comments on the project
• Number of monitors: 1 - with status "paying", 1 - "waiting", 1 - "problems", 1 - "scam"
• Current scam score, its change from the previous value is shown in parentheses, "=" means that the scam score has not changed
• Screenshot and domain of the project site
• sign on the project card means that there is negative information about the project: monitors with the status "Problems" or "Scam", negative user comments, etc.
• - demo deposits available for the project

The project page contains all the project information available to us:

• Screenshot of the project site and domain of the site (this is a link to go to the project site)
• If there is negative information on the project, the corresponding information is displayed under the project domain. Details can be obtained by unfolding the block by clicking on
• Scam Score (and its change from the previous value)
• Date and time of the last update of the project information
• Number of views of the project page and redirects to the project site
• Start date of the project. If the project is presented on any monitor, the start date is taken from the information from this monitor. Otherwise, the project start date is the date the project was added to our site
• The project work time in days, the date added to our site, the number of days on our monitor
• The status of the project on OUR site. If the project is moved to SCAM status, then the project status will be SCAM. In another case, the status will be "No data" if we ourselves have not invested in the project! Even if the status of the project is "Paying" on all monitors and blogs, but we do not have a deposit in the project, the status will be indicated as "No data"!
• Project category. We have an algorithm for determining the percentage of the profitability of the project according to its plans. Profitability is reduced to %, received in a month. Depending on this number, the project category is set:
  • Up to 20% per month - the category of long-term projects (LONG)
  • Up to 60% per month - the category of medium-term projects (MIDDLE)
  • More than 60% per month - the category of short-term projects (FAST)
  • Projects with hourly payments (usually the profitability of such projects exceeds 1000% per month) are hourly (HOURLY)
• Below are the projects with a similar domain name. Often after the appearance of a successful project, clones begin to appear, with a similar or even same domain name, but in a different domain zone. The goal is often to trick users who mistakenly hit such sites. Pay attention to this information!
• A block of projects with a similar design.
• Basic technical information. This information is collected automatically, inaccuracies are possible (if the project is not manually moderated)!
• To the right of the project screenshot are the charts - from one to 4x. Some information from the charts is also in the basic information about the project. Let's talk about the charts in more detail:
  • Scam Score chart - project scam score change by time
  • Deposits chart. The graph shows the amount of deposits in the project, which we take daily from other monitors.
  • Smart-contract balance chart. If the project is executed on the Ethereum blockchain smart contract, we get the exact value of the balance of the contract and reflect its change over time.
  • Calculated balance of the project chart.
  Calculated balance of the project is a roughly calculated amount of money in the project’s wallets. This value is considered as the sum of deposits in the project for the previous day minus payments from the project. Payments are calculated at the amount of deposits and the daily interest accrued on these deposits (using an algorithm for determining the percentage of the profitability). The calculation is very simplified: we cannot take into account referral payments, bonuses and other payments from the project, except for the main ones on deposits. To simplify, we believe that the funds are charged daily and also daily withdrawn from the project. Naturally, this value is not accurate, but it can show the trend of the project as a whole - if the balance of the project decreases every day for several days, there is a risk that the project may stop paying at any time. The calculated project balance is also displayed in the main information on the project page. It also shows the change in balance for the last day.

We offer you a unique opportunity to try investing in HYIP projects without fear of losing funds!
We complete a preliminary database of the projects in order to implement the 2nd phase - creating models and teaching AI for investment. At the moment, our database contains information about more than 40k projects. This is not only the basic technical data, but also the daily dynamics of changes. Based on these datasets, we draw up models for training the neural network and verification of its work will be done on real projects. As you probably know, some projects have the ability to try a project without depositing funds - the so-called demo accounts or points. Upon registration, they give you a certain amount of virtual funds and you can make deposits and receive charges in the same virtual currency. We have implemented a similar mechanism for almost any project.
How it works:
- A new tab "Demo investment" appears in your cabinet. It will display information about all your deposits and their statuses. Also on this page it is possible to convert your SC points into virtual currency Demo Dollars (and vice versa!)
- A new icon appears on the cards of some projects - , which means that in this project you can create demo deposits. A new tab will appear on the page of such a project - "Demo investment"
- On this tab, you can create deposits in the project, taking into account that you have enough funds in a demo account (you can exchange SC for demo currency in the same place)

Of course, we cannot completely repeat the specifics of the work of deposits in each project, so there are some restrictions on demo deposits:
- Each project uses only 1 investment plan
- Interest on deposits is recalculated to daily so the accruals only on business days, weekend passes, etc. not taken into account
- Payouts on deposit are immediately transferred to a demo account, they do not need to be specifically withdrawn or ordered
- The body of the deposit is returned at the end of the deposit work according to investment plan (except lifetime plans)
- Minimal deposit in the project is 100 DD (Demo Dollars) and maximal is 50,000 DD

Converting SC to Demo Dollars and vice versa takes place at the rate of 1 SC = 10 DD (Demo Dollars)

There are more than 40k projects has already added to database and analyzed, but we need more!

You can help us in this by getting real benefits from using our service!

We represent the internal currency of the project - ScavengerCoins (SC) and rewards for activity. You can convert received SC and withdraw to the real EPS. At the first stage we connect one of the most popular EPS - PerfectMoney , other will be connected soon. The conversion rate of SC floating out depends on the current balance of the project (advertising revenue) and the total amount of ScavengerCoins received by users. The exact rate is displayed on the finance page in your account.

In order to receive ScavengerCoins you need to register on the service (we recall that this can be done through the Telegram bot). After that you will be able to receive rewards for:

• Adding a new project to the service (by link) - 1 SC*
*(if the project receives ScamScore < 50 at the initial evaluation, you'll get 2 SC, if < 40 - 3 SC. All added projects are post-moderated. If you add a site that is not related to HYIP, the balance can be reduced).
• If the project you added becomes a perspective project, you will receive an additional 5 SC
• The first one who reported about the project's scam, if there is still no such information on it and it will be confirmed, will receive 2 SC
• For additional useful information about the project, arbitrary SC bonuses may be charged

Scam Score is an integrated assessment of the HYIP, reflecting the degree of its reliability. Scam Score works on the principle of minimum score, i.e. than higher is a Scam Score, the more likely the scam is in the near future time. Thus, the scale is distributed from 0 (absolutely reliable program) to 100 (100% scam). It is clear that the score 0 can not in principle possible for any project, but the lower the Scam Score, the more reliable a project for us. This evaluation is based on the analysis of more than 40 parameters of the project, but it, of course, can not objectively reflect reliability. It serves rather for a more extensive informing investors about the current status of the project. Scam Score - dynamic assessment, it can change both in the positive and in the negative direction. The decision to take in attention this assessment when considering the project status complete on the responsibility of the investor. In order to understand how this score is formed, we briefly describe the algorithm for obtaining it.
The list of parameters from which the score is formed can be conditionally divided into 4 groups:

1) Project preparation.
This includes both the technical characteristics of the site (evaluation of the SSL certificate (if any), whether the site is on a dedicated server, whether DDOS protection is enabled, a licensed script is used, etc.), and general preparation (number of languages, grammatical errors in texts, number of payment systems). We have created several unique algorithms that allow us to compare "similarity" as a template of a site with other projects, and the project as a whole (used hosting, registrar, etc.). After obtaining all these parameters and their ranking using weighting coefficients, we can get an estimate of the "level of preparation" of the project. According to this score, at least one can judge how time and money was spent on preparing the project. The deeper the preparation of the project, the less likely that the project is made for rapid scam (although this option can not be excluded - therefore, we repeat once again that all assessments are subjective).

2) Project marketing and advertising.
Here, according to the declared plans, we can give a general assessment of the viability of the project. It is obvious that the project, which offers starting from the start plans with 50% of profit per day, is less viable than the project with "normal" plans of 2-3% per day. It is clear that the risks in the first project will be greater and Scam Score higher. Under the advertising is the presence of the project on the leading monitors and blogs. With respect to the duration of the project and the number of ads purchased, we can also conclude that development plans are in place. The more aggressive the advertising at the start with the mediocre preparation of the project, the higher the probability that the process of scam is launched and the higher Scam Score will be.

3) The dynamics of the project.
The main thing in the life of any hyip project is the influx of new investors. And not just an influx, but evenly increasing. Here everything is obvious. If from the start of the project a lot of investments go into it, but further the flow of new investors and deposits goes to waste, the lifetime of the project is considered. It's no secret that HYIP are created primarily for profit by the administration of the project. And when the influx of investors falls, the project's balance starts to empty (payments exceed deposits). In this situation, everything depends on the identity and honesty of the administrator. Some, as soon as the peak comes and after it is planned to reduce the balance of the project immediately close the project. More honest administrators work until the wallets are completely emptied, and someone even creates a "pillow" of their means for this case. And despite the fact that we are not able to find out what the administrator will do in a particular project, knowing the financial flows to / from the project can very roughly calculate the time of the scam. How is it done technically? Service in automatic mode analyzes:
a) The number of entries by the referral link of the monitor
b) Attendance of the site by open sources (eg Alexa)
c) Open statistics of the project itself
d) Information on deposits from other blogs and monitors
e) Comments on the project on deposits and payments on the project page of our site
Of course, based on these data, it is impossible to build a 100% reliable picture of the work. But the dynamics of the project in general is quite possible. This calculated composite parameter also affects the Scam Score of the project. The system automatically recalculates the dynamic component at some frequency and, based on the updated data, changes the rating.

4) Analysis of payments directly to the monitor.
If we have a deposit to the project and receive payments for this deposit, then naturally this also affects the Scam Score score. If the payments from the project go according to the regulations, then combining the correctness of these payments we recalculate the rating for the better.

Our service has several algorithms for evaluating projects. During the analysis of the project, "remarks" are created that affect the final Scam Score. Part of the remarks that affected the final result you can see in the "Remarks" list. Remarks have the property "Criticality". This is an indicator of the severity of the error or defect.
We distinguish three levels of criticality:
low (little effect on the evaluation of the project. For example a few grammatical errors in the texts),
major (the project with such comments can work without any problems, but there may be inconvenience when using the project. For example - the lack of adaptation of the site for mobile devices),
critical - the project has serious shortcomings that affect both the user's work with the project and the security (Example: absence of an SSL certificate or its incorrect configuration, errors in the script's work).

The selection of perspective projects, like most of the processes on our service, is fully automated. Project is marked as perspective when several conditions are met. The sign of a perspective project can NOT be set manually. The main conditions for getting the project into perspective:

• The project has no negative information
• A certain time of the project lifetime (taking into account the proposed plans)
• Payments from the project within several days confirmed by different sources
• Dynamics of deposits in the project
• The ratio of the dynamics of deposits and payments in accordance with the project plans

It is important to understand that getting a project into perspective ones does not mean its trouble-free work in the future and is not investment recommendation. Each user must make an investment decision independently, analyzing all available information about the project, including other sources.

Projects information is automatically updated every 4 hours. Some projects can be updated manually with an arbitrary frequency.

You can check our ads offers by the link or contact us directly by support@scamscavenger.tech or Telegram @ScamScavenger_tech

You can use the service without registering, but after registration you will have access to additional features:

• You can add projects to "Favorites", which will give you the opportunity to get projects updates in real time through notifications by mail and through our Telegram bot
• You will only receive rewards from the Hyip Hunters program if you are registered
• You can use the Demo Investing function
• If you are a project administrator, after registration and verification you will have additional opportunities to manage your project on our service.

If you are the project administrator, you can confirm this by verifying it on our site. To do this, log in with the user whose details we sent you when placed the project on our website. If for some reason you have not received this information, you can re-request it on the project info page by following the "Obtain access" link. Important! Email must be on the same domain as the project site. By this you show that you really are the project administrator. After verification, you also become the administrator of your project in our system.
Admin status gives:
- Your comments on the project will be marked as comments of the official representative of the project
- You can delete unwanted user comments on the project page
- You will see a tab with statistics on advertising the project on our site
- If your project is listed, on special tabs you can post news on the project. News will be sent to all subscribed users and to the group and chat in Telegram