What is Hypedrop?
HypeDrop is an online platform that engages users in a mystery box or unboxing experience, offering the deception of receiving prizes of unknown value. They also operate without a proper license creating an unsafe environment for the regular user, as you don’t have the security and reliability of claiming rewards on the platform.
Can I trust Hypedrop?
The short answer: no.
When considering the trustworthiness of an online casino, there are a couple of boxes that must be ticked:
01.
Is the casino properly licensed?
No, Hypedrop is not licensed by any regulatory entity.
02.
Does the casino have issues with users withdrawing money?
Yes, there have been multiple cases of the platform banning users for winning too much and blaming it on an error.
03.
Is customer support of good quality?
The customer support frequently lacks knowledge about the website’s operations, often leaving inquiries unanswered. Responses tend to be generic copy-pasted answers, and in some cases, users may even be banned for their questions.
How Hypedrop is defrauding its users
HypeDrop initiates the Know Your Customer (KYC) process not upon depositing a specific amount but rather when users attempt to withdraw their winnings. This withdrawal procedure, which occasionally spans several days, is implemented without locking the balance, allowing users to potentially gamble their winnings. There have been numerous reports of individuals depositing substantial amounts, often in the tens of thousands of dollars, without being subjected to KYC requirements.
With a daily reward system that resembles a ponzi scheme, users are lured into continuously gambling on the platform as they are promised fixed rewards perpetually. These daily free cases of HypeDrop have an enormous psychological effect on the players, who start seeing their gambles as a form of investment. Due to these rewards being perpetually given to users – regardless of whether they are bringing additional revenue to the casino –, once HypeDrop stops seeing a steady increase in revenue, they reduce these rewards, leaving users defrauded of what was once promised to them. In reality, this reward system is a fraudulent marketing tactic used by HypeDrop, deceiving users with a claim of “infinite free money”.
User Testimonials
Felicia
Sticky Hand
