Uulala Review

Introducing Uulala

Uulala is just a company on a mission. Owned by minorities of first or second generation Latino descent, it aims to facilitate and accelerate the financial inclusion of the under and non-banked in the Americas. Uulala empowers users by giving financial tools and services critical in building credit, sending money and participating in e-commerce. Uulala can move those without use of banking and traditional banking services now away from a cash-only environment for the first time.

The platform also enables users to take part in the full selection of services they could not access before. This includes the capability to send and receive secure financial transactions digitally and via mobile phones, pay bills, build credit and even access digital goods, services, and entertainment once out of reach because of no use of banking services.

As Oscar Garcia, the co-founder of Uulala said in what drives the business, especially now, “We're at a tumultuous amount of time in history where in actuality the Latino community has lots of fear about what'll happen with the US government and US financial institutions and how which will affect their ability to work, save and support their families.

Uulala was developed to be the beacon of light or mechanism to sustain and empower a culture that's been cast aside.”

Uulala's Compensation Plan

Uulala's compensation plan pays on referral of companies to its Batched finance platform.

Mounted on this is a “validation node” investment scheme.

Joining Uulala

Uulala affiliate membership is tied to investment in a $1100 validation node position.

Observe that Uulala marketing material states the mandatory investment amount increase with every 500 positions invested in.

Conclusion

Lucrazon Global's marketing schtick was a financing alternative platform.

Affiliates invested $1000 to $15,000 and collected an inactive return, purportedly generated via utilization of its platform.

In fact Lucrazon Global was a Ponzi scheme, primarily recycling invested funds to pay for returns to affiliate investors.

Uulala is actually that same model but with cryptocurrency and “digital points&rdquo ;.

The initial plan was probably to use UULA and EUULA tokens, but the SEC put a stop to that.

Still, no matter whether UULA, EUULA or digital points are employed, Uulala's validation node investment scheme continues to be a securities offering.

Oscar Garcia himself represents that validation node positions are worth $5000.

Just like all MLM Ponzi schemes, once affiliate recruitment dries up so too will new investment.

This will starve Uulala of ROI revenue (either simply or full), eventually producing a collapse.

The math behind Ponzi schemes guarantees the majority of participants lose money.