Insider Insights: XERA / XPRO

Let me share my observations regarding the projects XERA, XPRO, The Blockchain ERA, WeWe Global, Horys Tech, Horys Mall, KMall, Lyotechlabs, LayerK, Homnifi, 2access, CloudK, WalleK, Journey Bridge, Koinbay, Rampstarter, Quantwise, and other related initiatives. Based on my experience working within this ecosystem and my technical assessment, I have identified aspects of their business model and operational structure that raise concerns about their sustainability, transparency, and long-term viability.

For additional independent perspectives, see this Xera review and Homnifi review on BehindMLM.

Alessio Vinassa presenting the Dream to investors.

Photo was taken at Xera conference in Dubai on 26.01.2024

In 2024, I worked as a Chief Technology Officer (CTO) in Dubai, in a company that played a central role in the development of Xera, TBE, 2access, Horys, KMall, LayerK, Lyotechlabs, LFI, and other projects. Based on my direct experience and work with the core team, this company was deeply involved in various key aspects of the project’s development and served as the IT backbone of the broader organization.

This screenshot from 2access.io website is presented for informational purposes and reflects publicly available content at the time of capture on 13.01.2025

Based on my observations, these projects appear to rely heavily on continuous reinvestment from participants, a structure that exhibits similarities to certain high-risk investment models, including MLM structures. I have not found verifiable evidence supporting some of their technological claims, including those related to cryptocurrency minting. After my observations, I felt that I could no longer align myself with the management’s decisions and business approach.

It's easy to be drawn in by sophisticated marketing and to believe in the innovation behind such projects. When analyzing individual components and listening to well-crafted presentations, they may appear to be promising technological ventures. However, upon closer examination of the company's operations, certain inconsistencies become evident. When viewed as a whole, the project raises questions about its long-term sustainability and operational structure.

Learn more about high-risk investment models.

Before making investment decisions, conducting independent technical research is highly recommended.

How do these projects operate while avoiding regulation?

• Homnifi (ex. 2access, ex. Blockchain ID) appears to function as a central user database, managing authentication and access across various systems. It reportedly stores user information to facilitate cross-platform integration.
• XPRO, XERA (ex. The Blockchain ERA, ex. WeWe Global) appear to operate under a structure where participants receive bonuses that are primarily linked to the recruitment of new members. The company publicly states that its revenue model is based on the sale of products from third-party companies and projects.
• LayerK (ex. LFI) — is a brand associated with the sale of minters—devices marketed as cryptocurrency minting tools. Their advertised capabilities, particularly regarding blockchain node operations, have been met with skepticism due to the technical limitations of the hardware.
• Horys Mall (ex. KMall, ex. Lyotechlabs) are online platforms that primarily offer digital licenses and hardware devices, including minters. While these items are marketed as innovative blockchain-related products, concerns have been raised regarding their actual functionality and value.
  • Minters
    Promotional materials suggest that minters perform blockchain computations; however, based on available technical specifications, these devices appear to have limited computational capabilities. Analyses of their functionality have not identified any evidence of blockchain mining or minting processes occurring on the devices themselves. Instead, their primary function seems to involve sending periodic signals to a remote server, which then determines the distribution of rewards. This has led to questions about the level of decentralization involved in the process. To date, no independent verifications have confirmed that these devices engage in autonomous blockchain minting.
  • Licenses
    A similar situation appears to apply to the licenses sold on these platforms. Despite claims that they enable blockchain-based minting, available information suggests that they function primarily as database entries linked to an internal rewards algorithm. Without full decentralization, users may not have ultimate control over their assets. Concerns have been raised that access to these digital holdings could be restricted at the discretion of the issuing entity, particularly when users attempt to withdraw funds.
• WalleK, Journey Bridge, Koinbay, Quantwise, Rampstarter, CloudK appear to function as secondary systems within the broader operational structure. Further details on their roles and functionalities will be explored in subsequent updates.