DQF Review: Quantitative trading “click a button” Ponzi
DQF, aka Defi Quantify or DQF Quantization, fails to provide ownership or executive information on its website.
DQF’s website domain (“defiquantify.com”), was privately registered on December 12th, 2023.
It should be noted that DQF has disabled web access on its primary domain. DQF’s website has to be accessed on a “h5” subdomain.
This is a common implementation of “click a button” app Ponzis run by Chinese scammers.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
DQF’s Products
DQF has no retailable products or services.
Affiliates are only able to market DQF affiliate membership itself.
DQF’s Compensation Plan
DQF affiliates invest tether (USDT). This is done on the promise of undisclosed daily returns.
DQF pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 12%
- level 2 – 4%
- level 3 – 2%
Joining DQF
DQF affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 100 USDT investment.
DQF Conclusion
DQF is yet another “click a button” app Ponzi scheme.
This particular scam is a reboot of the recently collapsed ITP Pro variant:
ITP Pro was a “click a button” app Ponzi that primarily targeted the UK. Expect DQF to be filled with the dumbest of ITP Pro investors, desperately trying to recoup their losses.
DQF’s “click a button” Ponzi ruse combines AI with quantitative trading:
The presented ruse is DQF affiliates log in and click a button (the more invested the more the button needs to be clicked).
Clicking the button purportedly generates revenue via quantitative trading, which for some DQF shares a percentage with its affiliate investors.
If that makes no sense it’s because it doesn’t. Randoms clicking a button in an app doesn’t trigger quantitative trading.
In reality clicking a button inside DQF’s app does nothing. All DQF does is recycle newly invested funds to pay earlier investors.
DQF is part of a group of “click a button” app Ponzis that have emerged since late 2021.
Examples of already collapsed “click a button” app Ponzis using the same quantitative trading ruse include ITP Corp, CDC and Jump Tradiny.
Including DQF, BehindMLM has thus far documented over a hundred “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.
“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.
Update 25th February 2024 – DQF Quantify has collapsed. As at the time of this update, DQF’s website is no longer accessible.
Yes, DQF is former ITP, their white paper is a complete rubbish, no traceable legal document, no owner present.
Despite the complex calculations and buying and selling data you see on App it is nothing else than Ponzi. You get in early, you might be lucky. But bear in mind, you will rob people that sign up to make you profits.
They offer you bonus on recharge, you fall for it once or twice before you do it again realising your money is gone, withdrawals stopped and DQF or ITP disappears leaving you with nothing more than a bad taste…
It’s all about scam.
I have withdrawn money. Status is examination passed. Even I can’t get money in my wallet too.
What I can understand?
Scammer scammer scammed.