Online comments claim that revolutionary tech company MAGFAST is scamming customers. Magfast Lawsuit However, as the developer of the world’s first power bank with three Qi wireless charging ports that can also jump start a car. It’s unsurprising that some are trying to damage MAGFAST’s reputation with unsubstantiated claims.
Much of the chatter about MAGFAST online consists of unsubstantiated claims rather than verifiable facts. Baseless allegations circulate on forums and social media, often stemming from a lack of knowledge about how MAGFAST works and what its products provide.
MAGFAST has gained immense popularity by dedicating themselves to ‘changing charging for good’ and offering a versatile family of premium chargers that suit every part of life. With over 30,000 dedicated followers across their social media platforms. Many of whom actively engage with MAGFAST’s content and react positively. Is a unclear why some are alleging the company is a scam.
Crowdfunding Confused People
In November 2020, MAGFAST raised over $1 million through its first public offering, selling out the issuance within hours.
MAGFAST partnered with Netcapital, a leading US private capital market platform, to issue an offering under the regulatory oversight of the Securities and Exchange Commission (SEC). The offering was so successful that MAGFAST is now finalizing legal and financial preparations, including undergoing further SEC review, for a Regulation A offering later this year.
Web Show UPGRADE
Since its founding in 2017, MAGFAST CEO Seymour Segnit has hosted a weekly YouTube show called “The Upgrade” with co-host Kate Kinard. The show offers customers an inside look at the company’s development and production process through 3D visuals, packaging samples, finished products, and updates on manufacturing and delivery timelines. This unprecedented transparency proves MAGFAST’s commitment to keeping customers fully informed.
MAGFAST Dummy Product Allegations
It’s claimed that MAGFAST’s promotional videos and marketing materials originally showed nonfunctional charger prototypes. This would have been the case in MAGFAST’s early developmental phase when they were still finalizing the product design and specifications.
However, recent videos clearly show fully functioning products being used on the UPGRADE web show. In one of the latest episodes, the hosts used MAGFAST Extreme and MAGFAST Jumper Cables in an experiment. Impressively, the Extreme kit jump started a 5.4-liter Ford truck 21 times!
MAGFAST’s Intellectual Property
Unlike scams, MAGFAST diligently protects its intellectual property. The company has built a respected portfolio of trademarks, patents, copyrights, Magfast Lawsuit and trade secrets. For example, MAGFAST® is a registered trademark worldwide. MAGFAST also holds several issued and pending design and utility patents, including one on its signature snap-to-charge technology.
Claims MAGFAST Fake Review
MAGFAST has earned outstanding reviews across multiple sites, including TrustPilot and Google. With so many authentic, positive reviews, it’s evident that MAGFAST customers are highly satisfied with the company’s products and service. This level of customer satisfaction reflects the value that Seymour and his team are providing in the tech world.
The only MAGFAST comments we could find were responses from the company engaging with customers. MAGFAST simply asks its users to honestly share their opinions (with no incentives). And satisfied customers are glad to describe their positive experiences with Magfast Lawsuit.
Our research shows that MAGFAST has a dedicated in-house team. And collaborates with several reputable consultant firms and agency partners worldwide.
We have seen a number of anonymous accounts online claim that MAGFAST products are a scam, but we look forward to trying the products for ourselves and drawing our own conclusions.