Cloud Token’s website provides no information about who owns or runs the company.

The Cloud Token website domain (“cloudtokenwallet.com”) was privately registered on January 27th, 2019.

Marketing videos on the Cloud Token website are presented in Chinese. The videos themselves feature a man speaking Chinese.

In one marketing video, Sheng Zhao and Simon Tran are presented as “big names behind Cloud Token”.

Just a note on the photo itself, it was taken at a World BlockChain Forum event.

Sheng Zhao (aka Zhao Sheng) is one of the World Blockchain Forum’s co-founders.

In another marketing video, the following image is presented as Cloud Token’s “prelaunch in China”.

The event was purportedly held in China a few weeks ago.

The two people credited in English in the photo are Ronald Aai and Daniel Csokas. Sheng Zhao stands to the right of Csokas (center)

Ronald Aai (right) is based out of Singapore and is one of those random people you see listed in crypto whitepapers.

Officially Aai credits himself as a cryptocurrency consultant, specializing in platform design.

As far as I can tell, none of the crypto projects Aai has associated himself with have gone anywhere.

Daniel Csokas (right) is also based out of Singapore and appears to be an MLM crypto freshman.

On his personal Twitter profile, Csokas cites himself as an “organic chemist based in Singapore”.

Sheng Zhao appears to be attached to the
Plus Token
Ponzi scheme through World Blockchain Forum.

Plus Token was promoted to attendees of a World Blockchain Forum event held last September.

In the marketing video the first screenshot above was taken from, Tran (right) is credited with “bringing Cloud Token to North America”.

Tran himself is based out of Toronto, Canada. Prior to Cloud Token Tran was promoting Plus Token.

Before he got into cryptocurrency scamming (mid to late 2018), Tran was promoting
Enagic’s Kagen water filters
.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

Cloud Token Products

Cloud Token has no retailable products or services, with affiliates only able to market Cloud Token affiliate membership itself.

The Cloud Token Compensation Plan

Cloud Token affiliates invest $500 or more in CTO tokens, on the promise of an “average 10-15% per month” ROI.

Commissions are paid when Cloud Token affiliates recruit others who do the same.

Cloud Token pays referral commissions via a unilevel compensation structure.

A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):

If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.

If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.

How many unilevel team levels a

🤖 Quick Answer

What is Cloud Token according to the review?
Cloud Token is presented as a mobile application cryptocurrency platform. However, investigations reveal it operates as a Ponzi scheme, lacking transparency about ownership and management, with its website providing no information about company leadership or operations.

Who are the claimed founders of Cloud Token?
Cloud Token's marketing materials present Sheng Zhao and Simon Tran as "big names behind Cloud Token." Sheng Zhao is identified as a co-founder of the World Blockchain Forum, appearing in promotional videos presented in Chinese language.

When was Cloud Token's domain registered?
The Cloud Token website domain "cloudtokenwallet.com" was privately registered on January 27th, 2019. This private registration pattern is typical of fraudulent schemes attempting to conceal ownership and operational details.

What marketing materials does Cloud Token use?
Cloud Token employs marketing videos presented in Chinese featuring

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