WEWE Global’s Strategic Moves and Investor Impact

Introduction

WEWE Global’s transition from minting LYO tokens to minting LFi has raised serious concerns among investors and observers alike. Although this shift occurred in November, meaningful information about the L-Finance project—its roadmap, token utility, and long-term vision—has only recently emerged. This delay, combined with the confusing overlap between L-Finance and the LyoPay ecosystem, has prompted further scrutiny. As the details of LFi’s token mechanics, branding changes, and mining hardware rollout come into focus, a troubling picture emerges—one that suggests not innovation, but the strategic setup for an exit scam targeting WEWE Global’s remaining investor base. Understanding these developments is crucial for anyone involved or considering involvement in the project.

In a previous article, we examined WEWE Global’s sudden shift away from minting the LYO token. Participants in the platform’s Cloud Minting program are now accumulating a new token: LFi. While the change was implemented in November, meaningful information about the associated project—L-Finance—has only recently begun to surface. The late release of the roadmap, technical details, and token utility raises more questions than answers.

At first glance, L-Finance appears to be positioned as a decentralized alternative to LyoPay. Despite this apparent distinction, it is clear that LyoPay itself is heavily involved in launching L-Finance features. The relationship between the two projects is confusing, contradictory, and ultimately suspicious. Three elements of the rollout, in particular, stand out.

The Mystery Behind LFi Token Minting

According to the LFi whitepaper, the native LFi token will be launched on the BNB Chain. However, if the token has not officially launched, it becomes necessary to ask an uncomfortable question: What have WEWE Global’s Cloud Minting operations been minting since November?

An examination of the BNB Chain reveals an existing L-Finance token contract. But this discovery only deepens the concerns. The total supply—400,000,000 LFI tokens—has already been minted in full. The contract shows no meaningful activity for over four months. This contradicts the idea of ongoing token creation and raises serious doubts about the legitimacy of WEWE Global’s minting claims.

LFi’s Sudden Website Rebranding

On February 2nd, the LFi website underwent a significant rebranding, signalling a new strategic direction. The updated site now advertises that LFi will function as a DAO—a decentralized model that conveniently allows its anonymous operators to remain hidden while controlling decision-making.

More concerning is the introduction of hardware devices that users can buy or lease to supposedly “mine” LFi tokens. These devices appear positioned as a complement—or replacement—for WEWE Global’s cloud minting program. Selling purpose-built hardware for a token with no verified blockchain activity is a classic tactic used to obscure fraud behind technical jargon.

The added complexity benefits the scammers. Cryptocurrency mining is a niche area with steep technical barriers, and hardware requirements are not well understood by most investors. This confusion provides ample cover for misleading claims and non-existent technology.

Why Would LyoPay Undermine Its Own Products?

The final red flag is strategic rather than technical. LyoPay proudly touts itself as an award-winning company, having secured the “Best Crypto Solution of 2022” title at the Dubai Crypto Expo through paid sponsorship. If LyoPay truly believed in its own platform, why would it help launch a decentralized competitor offering the same suite of services?

Similarly, WEWE Global claims to operate as a DAO that sells “Cloud Minting” packages. Why would it partner—without any recorded DAO vote—with LFi, a platform offering its own cloud minting program and mining hardware?

Under normal circumstances, this would make no sense.

But understanding WEWE Global as a Ponzi scheme makes the strategy obvious. LFi is being engineered as WEWE Global’s exit scam.

Understanding the Exit Scam Strategy

An exit scam occurs when scammers promote a fake crypto project, collect substantial investments, and disappear once the money has been drained. Sometimes, the scam does not immediately vanish. Instead, operators introduce a new “phase” or a “next-generation platform” to give existing investors false hope that returns are still coming.

This tactic is widespread. Examples such as IPCapital, OmegaPro, FuturesTrade, and the Hyperverse collapse all demonstrate how scammers pivot into new projects to extend their schemes. By shifting the narrative and promising revolutionary technology—such as an LFi “mining smartphone”—scammers convince victims to stay invested.

In the case of WEWE Global and LFi, expect heavy promotion around the supposed innovation of new hardware and mining opportunities. Promoters will emphasize the potential while remaining deliberately vague on technical specifics—a classic hallmark of fraudulent operations.

Ultimately, the most likely outcome is that WEWE Global will quietly migrate its user base to the LFi platform, leaving early investors stranded while funneling funds into the new front.

What Investors Should Do Now

We sincerely hope that this pivot to LFi fails to attract new victims. But the marketing strategy is designed to be persuasive, especially for those already emotionally or financially invested in WEWE Global.

If you are having doubts about your involvement, the best course of action is to withdraw from the program as discreetly and quickly as possible—without participating in promoting the scheme. If you have introduced friends or family members, transparency is crucial. Being honest with them now may give them a chance to recover some of their investment before losses become irreversible.

We will continue monitoring developments and will revisit the situation at the beginning of March.

Conclusion

The rollout of LFi and L-Finance is not an exciting new development—it is a warning sign. The inconsistencies in LFi token minting, the sudden rebranding efforts, and the introduction of ambiguous mining hardware all point to a coordinated attempt to prolong the life of a failing Ponzi scheme. When viewed through this lens, the partnership between WEWE Global, LyoPay, and LFi makes sense only as the preparation for an exit scam designed to shift investors into a new, equally unstable ecosystem. If you are involved with WEWE Global, this is the time to retreat carefully and avoid promoting the scheme to others. And if you have brought in friends or family, being honest with them now may help them salvage part of their investment before the inevitable collapse. As this situation unfolds, staying alert and sceptical is your best defence—even as promoters push harder than ever to keep the illusion alive.

Written by

JoyBoy

Updated

9 seconds ago