Tuesday, October 3

Renaissance Invest – Investing in Innovation Projects

Hello money maker,

In case you read my previous review about a HYIP, which at that time was only two weeks old, then hold on, because today I’m going to review a project, which claims to be extremely old. Renaissance Invest joined Golden Stage on DavidNews.com monitor on the 27th of September 2017, but it claims to be several years old. Now I have reinvested into program $400 to monitor payment status. To be honest I’m eager to find out more about this HYIP and its performance in the past. Keep reading to find out more about this program.

Let’s start with basics and check out what admin has written about the Renaissance Invest on the website. In fact, we can call it a web page, because Renaissance Invest has a one-page website. In a matter of fact, it might be easier for users who hate looking for information through all website pages when there are only a few things we all want to know. Here is a brief fragment from the company website: “We have been investing in innovation projects since 2012. Before investing, we analyze a new project promptly and evaluate the risks. Having evaluated the maximum and minimum of the profit, we make an investing decision”. Moreover, there is a statement about an experienced team and how professional they are. I don’t have any clue about the potential of the market what admin is talking about, but let’s move on to more interesting facts since we all know that often so-called legends have nothing to do with the longevity of the project.

Let’s try to understand how old exactly is Renaissance Invest. From the biography, we can learn that they have been investing since 2012, which makes the company 5 years old. While company certificate has been issued on the 12 June 2017, but the communication on forums about the program begun on January 2017. It’s possible that at certain point admin realized that company registration details provide extra credibility for the potential investor and decided to register the company a while after HYIP was already running. In fact, web archive image made on 21st of July this year is without the company registration certificate on the website. Feel free to check out the project called Wayback Machine where you can find screenshots from almost every website, which has been online. I wouldn’t care much about the age of this HYIP if there wouldn’t be so many different stories on the table - 1164 days, 5 years (since 2015) and 3 months (since june) and 9 months (since the first post on the forum).

Besides Wayback Machine shows that there a website (the first one) on the domain name renaissance-investment.com on the March of 2004. However, the last date when image was captured for the same website was 7th of February 2005. Unfortunately, there is an error and the previews of the first website can’t be seen. After then there was silence on the website, but then again in the October 2008 website appeared again according to Wayback Machine. However, now we can see clearly it has been a HYIP website. In total there are three screenshots available on the different dates of October 2008 and then there have been no screenshots until June 2017 when a new website design has been registered in the Wayback Machine. From this I assume either the admin is a long-term player that has launched several HYIP’s with this domain name in the year 2004, 2008 and now in 2017, or a new admin bought this domain name due to its old age from the previous admin. Even though there might have been some bug on Wayback Machine, we can see too many different dates here. Let’s assume that the start date is the beginning of 2017 when folks started talking about it on forums.

The age of the project is not the only thing where we can see the inconsistency. As I wrote, the company has been registered in the UK, but among company location, it’s not mentioned. Content from the website: “the main office is located in Austria. There are many branches located in investment-attractive countries such as Poland, China, and Thailand”. I would expect that the UK is mentioned as well.

I believe all this HYIP history has been quite boring and you are here to find out if the program has any potential. There is something attractive about the investment plans – initial deposit can be withdrawn, but with penalty percents. It looks attractive, but the admin doesn’t mention it on the homepage and this information can be found only after the registration. In fact, the initial deposit withdrawal function is something unusual for a HYIP, but penalty fees are high. For example, the penalty for withdraw of the initial deposit is 90% in case you request it during the time range 91-100 day or you can withdraw your initial deposit even before that, but than simply all profit will be removed from your initial deposit. Of course, over the time penalty drops, but it is still a lot and I would say don’t count on it in case you decide to withdraw the deposit earlier than at the end of the deposit term (after 180 days) when deposit can be withdrawn with no fee. We all understand it’s done with the intention to make you feel like you have the control over the deposit, but in fact, the penalty drops significantly the closer you are to the last days of the deposit term. You can check the Information tab on the user panel to find out more about penalty fees.

You already noticed that I have mentioned several times that deposit term is 180 days. First, you must pay attention that profit is calculated only on business days. Moreover, after checking the Information tab on the registration panel I noticed that profit is not calculated on holidays. Probably the reason why admin has decided to position it as Austria based project is a number of holidays in Austria… I didn’t compare them to the UK, but who knows.

Renaissance Invest offers 3 investment plans with daily interest rates 1.6%, 1.8% and 2%, which I would call low rates even for the long-term project with deposit term of 180 working days. Moreover, the minimum deposit is $10 in the plan with lowest interest rate and $1000 in the plan with highest interest rate. In fact, it’s very complicated to calculate when deposit term ends because Austrian holidays must be taken into consideration and it would require exact start date to calculate all national holidays starting from the first day. Let’s just assume that the total term is 180 working days. $200 invested would fit the plan Regular plus with 1.8% daily rate and $3,6 profit a day. Within 56 working days, (rough 2 months) deposit would reach the breakeven point when at least the deposit is returned. At the end of the investment term, such deposit would have generated the profit of $448. Then again, 180 days mean almost 6 months. Keep in mind Austrian holidays when profit is not calculated.

After going through the whole review, I have too many doubts about this project. I mean all HYIP’s are risky and stuff, but I have a feeling that this story is so twisted to make it difficult to understand for all of us. The downside is that the more complicated things are – the less potential it has of becoming popular. On one hand, we see great option to withdraw deposit before the end of the term, but on the other – penalty is extremely high. At the end, the initial deposit is returned, which puts it in extra danger because larger sums will be withdrawn at the end. Of course, only in case, Renaissance Invest will survive for 6 months. Therefore, if you ever decide to make any investments, don’t invest more than you can afford to lose!

Are you among existing investors or had any previous experience with Renaissance Invest? Drop a message in the chat box!

- Project details -

DavidNews.com investment: $400

Investment plans: 1.6% up to 2% daily for 180 calendar days, profit paid only on business days. Possibility to withdraw your initial deposit (with cancellation fee) anytime after 91 calendar days or till 90th day with removal of earned interest.

Payment processors: Perfect Money, Bitcoin, Payeer, AdvCash, OKPay

Investments starting from: $10

Cash-out: Manual

Technical status: SECURE

  • SSL: COMODO RSA Extended Validation;
  • Hosting: Fast Serv Inc. hosting;
  • DDoS protection: Fast Serv Inc.;
  • Script: Custom Script;

Support: Contact form, e-mail

Affiliate reward: 7-5-3%

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