Henry Review: Quantitative trading “click a button” Ponzi
Henry fails to provide ownership or executive information on its website.
Henry’s website domain (“henry-onlinevip.com”), was privately registered on June 4th, 2024.
Of note is Henry’s website domain being registered through the Chinese registrar Alibaba (Singapore).
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.
Henry’s Products
Henry has no retailable products or services.
Affiliates are only able to market Henry affiliate membership itself.
Henry’s Compensation Plan
Henry affiliates invest tether (USDT). This is done on the promise of advertised returns:
- H-1 – invest 10 USDT and receive 3.5 USDT a day
- H-2 – invest 30 USDT and receive 15 USDT a day
- H-3 – invest 100 USDT and receive 66 USDT a day
- H-4 – invest 300 USDT and receive 205 USDT a day
- H-5 – invest 600 USDT and receive 420 USDT a day
- H-6 – invest 1200 USDT and receive 840 USDT a day
- H-7 – invest 2400 USDT and receive 1800 USDT a day
- H-8 – invest 5000 USDT and receive 3500 USDT a day
- H-9 – invest 10,000 USDT and receive 7000 USDT a day
- H-10 – invest 20,000 USDT and receive 14,000 USDT a day
- H-11 – invest 50,000 USDT and receive 35,000 USDT a day
Henry pays referral commissions via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of a unilevel team, with every personally recruited affiliate placed directly under them (level 1):
If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team.
If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Henry caps payable unilevel team levels at five.
Referral commissions are paid as a percentage of USDT invested across these five levels as follows:
- level 1 (personally recruited affiliates) – 8%
- level 2 – 4%
- level 3 – 3%
- level 4 – 2%
- level 5 – 1%
Joining Henry
Henry affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 10 USDT investment.
Henry Conclusion
Henry is yet another “click a button” app Ponzi scheme.
Henry’s “click a button” Ponzi ruse is quantitative trading:
The presented ruse is Henry 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 reason Henry shares a percentage of with 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 Henry does nothing. All Henry does is recycle newly invested funds to pay earlier investors.
Henry 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 GSTAIQ, Dusery and edX AI.
Including Henry, 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 June 2024 – Henry AI has collapsed. As at the time of this update Henry AI’s website is no longer accessible.