Awful experience
Awful, awful experience. Kudos to the CEO to have devised a legit way to scam people out of their money. They have not create something to bring value to customer, but to take the maximum value through vicious techniques as changing rules almost every month to suspend, delay, deny, cancel or reduce what they promised pretending they are improving rules. The value of PLU has been going down steadily while they make every effort possible to make the withdrawal of the token absurdly costly.
Reply from Plutus.it
Hi,
At Plutus, our primary goal is to create a fair, rewarding, and sustainable ecosystem for all our customers. We understand that adjustments can be challenging, but every decision is guided by data and aimed at strengthening the overall business and ecosystem.
Plutus committed to delivering key utilities from our community-voted whitepaper in Q3 2024, and we not only met but exceeded expectations by delivering more than promised in just a single quarter. See 2024 achievements: https://www.plutus.it/blog/a-look-back-at-2024-and-whats-next-3#:~:text=After%20months%20of%20meticulously%20planning%2C%20we%20released%20the%20Whitepaper%20in%20Q3%202024%2C%20approved%20by%2063%25%20of%20the%20community%20vote.%20We%20then%20committed%20to%20delivering%20its%20core%20features%20in%20Q4%3A
Each of these features is unique and sets Plutus apart from other rewards systems.
The speed of development and execution of Q4 utilities and the 2025 transition solidify Plutus as the leading community-focused business in Web3 and Fintech.
For example, with PlutusGifts, we promised a select few brands but delivered over 300 across the UK and EU. While not all brands are free, we’ve provided £/€10 intrinsic value across 5 brands in each region, with more to come in 2025.
We understand some users may be disappointed, expecting everything to be free. However, as a business that provides valuable services loved by thousands, a fair fee is necessary to support the ongoing delivery of promised features that are now live.
See usage data: Emissions & Redemptions Anchor: https://t.co/jMTQLtlph6
PLU can be used in-app for utilities like PlutusGifts, PlutusMiles and PlutusTravel, and starting in 2025, you’ll be able to skip payout fees completely. In January, new reward level benefits include Free Payouts, Double Rewards & Golden Tickets. Furthermore Stackable Perks are already live.
If you're not on a reward level, a dynamic fee applies to cover costs, encourage in-app PLU use, and support the platform's long-term success. These fees have existed since inception and were free for an extended period. More details: https://x.com/Plutus_Support/status/1785383378356740436