Tavecchiacoin (TAV) is promising a new free way to mine crypto on the cloud. But is this really free and legit?
Many users are scouring the internet for legit ways to earn free cryptocurrency via processes such as airdrops, coin swaps, and mining.
Tavecchiacoin is looking to capture this demographic via its cloud mining app.
In this review, we’ll look at how Tavecchiacoin works and if it is worth the time and effort in exchange for some free crypto.
What Is Tavecchiacoin All About?
Tavecchiacoin claims to operate a non-monetary exchange system for people looking to send money across borders.
The company is positioned as an alternative to the traditional swift system, but without commissions.
Through its crypto, TAV, Tavecchiacoin is looking to create a value-based ecosystem that help people transact worldwide without restrictions.
How Does Tavecchiacoin Make Money?
Tavecchiacoin makes money via its mining app, and also via its Bankshop.
When you mine TAV on the Tavecchiacoin App, you are required to watch video ads daily to earn your daily TAV coin.
The TAV Bankshop is also a revenue generator for TAV, as users can buy TAV coins in real-time using PayPal, bank transfer or cash.
How to Earn on Tavecchiacoin App
To start earning on the Tavecchiacoin App, you have to choose the kind of wallet app to use on the platform.
You can either go for the individual wallet or the business wallet.
Individual wallets on Tavecchiacoin can be opened when you sign up on Tavecchiacoin with a general email such as Gmail, yahoo, outlook, etc.
With a Tavecchiacoin individual wallet, users can earn up to $100 dollars per month for 24 months, payable daily.
Business wallets on Tavecchiacoin can be opened when you sign up on Tavecchiacoin with a company email, from a branded domain such as @yourcompany.com
With a Tavecchiacoin business wallet, users can earn up to $200 dollars per month for 24 months, payable daily.
All you have to do is sign in daily to your Tavecchiacoin App, click to mine, watch some video ads, and earn some TAV coins.
How much is Tavecchiacoin (TAV) worth?
According to the Tavecchiacoin memo, the value of the TAV coin is pegged to the U.S dollar.
1TAV is equal to $500(USD).
According to Tavecchiacoin, the TAV would act as a complementary currency, with its most distinctive feature being the absence of interests.
This means that the TAV coin is pegged at the USD valuation, with no plan to appreciate. This would encourage holding the currency and keeping it in circulation.
Is Tavecchiacoin Tradeable?
For now, the TAV coin is tradeable on the Tavecchiacoin platform via wallet transfer in P2P transactions.
The Tavecchiacoin Bankshop also facilitates the sales and exchange of the TAV coin.
Is Tavecchiacoin Legit or Scam?
Tavecchiacoin seems legit on the surface, but there are a few observations that could make the platform seem like a waste of time.
Firstly, you are able to mine free TAV coins, but they are unusable until the mining tenure of 24 months.
But you can purchase TAV coins for immediate use from the Tavecchiacoin Bankshop.
What this implies, is that you cannot receive or use any free money or free monthly salary earned on Tavecchiacoin until after 24 months of daily login and watching of ads.
That seems like work to me.
The Tavecchiacoin App is essentially designed to put money in the pockets of the owners, while promising users imaginary money that might not be worth anything in the long run.
In my opinion, using the Tavecchiacoin App doesn’t guarantee you’ll make any money. So, mining on the platform is only a matter of trying your luck.
Can You Lose Money With Tavecchiacoin?
You could lose money on Tavecchiacoin if you decide to buy TAV coins from the Bankshop at the prevailing rate of 1TAV to $500.
Isn’t it just ridiculous? A new coin with no traction whatsoever is worth $500?
What happens when you buy some TAV coins and no one accepts to buy it from you or the value depreciates to zero?
For your information, cryptos with much higher market cap and better mainstream acceptance, such as BNB, LTC, ADA, TRON, DOGE, etc, are not priced that much.
Should You Invest in Tavecchiacoin?
Investing your time, effort, or money on the TAV coin is a matter of priority.
Are you mining TAV as an experiment? Or mining it seriously for profit?
I would go for the latter but I don’t think that TAV coin should be taken seriously for now.
However, if you have time on your hands and want to experiment to see if it would pay off at the end of the mining tenure, then you should go for it.
Don’t just risk your money buying any TAV coin at the moment with that ridiculous valuation.