0w886 “click a button” Ponzi collapses, short-lived 86FB reboot
The 0W886 “click a button” app Ponzi scheme has collapsed.
Despite only launching in early May, at time of publication 0W886’s websites are already offline.
0W886 was pitched as a reboot of the already then collapsed 86FB “click a button” Ponzi scheme.
Like its predecessor, 0W886 again was aimed at Nigerians.
OW886 operated from the domains “0w886.com” (registered April 26th 2022), and “0w.com” (re-registered May 1st, 2022).
Unlike 86FB, 0W886 only solicited investment in tether (USDT). The previous 3% a day ROI was bumped up to 4%.
Other than that 0W886 was identical to 86FB. Affiliates invested on the premise clicking a button predicted football match outcomes.
The MLM side of 0W886 paid on recruitment of affiliate investors:
- level 1 (personally recruited affiliates) – 10%
- level 2 – 5%
- level 3 – 3%
86FB collapsed in late April. 0W886 launched in early May, going on to collapse a few weeks later in mid May.
0W886 was part of a group of “click a button” app Ponzis launched over the past few months.
Thus far BehindMLM has documented:
- COTP – pretended affiliates clicking a button generated trading activity, collapsed May 2022
- EthTRX is a similar app-based Ponzi, with the daily task component disabled
- Yu Klik – pretends clicking a button generates trading activity, targeting Indonesia
- KKBT – pretended clicking a button generates crypto mining revenue, targeted South Africa and India & collapsed early June 2022
- EasyTask 888 – pretends clicking a button was tied to social media manipulation (YouTube likes), targets Colombia
- DF Finance – pretended clicking a button generated “purchase data” which was sold to ecommerce platforms, collapsed June 2022
- Shared989 – pretended clicking a button was tied to social media manipulation (YouTube likes), collapsed June 2022
- 86FB – pretended clicking a button was tied to gambling on football match outcomes, collapsed April 2022
There are more of these scams around that I haven’t got to yet.
All the recent app-based task Ponzis appear to be launched by the same group of scammers.
Based on the use of simplified Chinese, I suspect the group are operating out of China or Singapore.