Meteor Review: Quantitative trading “click a button” Ponzi
Meteor fails to provide ownership or executive information on its website.
Meteor operates from three known website domains:
- meteorusdt.com – privately registered on April 10th, 2024
- meteorusdt.vip – privately registered on April 28th, 2024
- meteorusdt.net – privately registered on April 28th, 2024
Of note is all three of Meteor’s website domains 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.
Meteor’s Products
Meteor has no retailable products or services.
Affiliates are only able to market Meteor affiliate membership itself.
Meteor’s Compensation Plan
Meteor affiliates invest tether (USDT). This is done on the promise of a passive return.
- M-1 – invest 14 to 53 USDT and receive 2 to 7.6 USDT a day
- M-2 – invest 54 to 163 USDT and receive 7.9 to 24 USDT a day
- M-3 – invest 164 to 359 USDT and receive 24 to 54 USDT a day
- M-4 – invest 360 to 799 USDT and receive 56 to 125 USDT a day
- M-5 – invest 800 to 1599 USDT and receive 128 to 257 USDT a day
- M-6 – invest 1600 to 3499 USDT and receive 267 to 584 USDT a day
- M-7 – invest 3500 to 6999 USDT and receive 613 to 1227 USDT a day
- M-8 – invest 7000 to 14,999 USDT and receive 1286 to 2757 USDT a day
- M-9 – invest 15,000 to 34,999 USDT and receive 2870 to 6697 USDT a day
- M-10 – invest 35,000 to 100,000 USDT and receive 6930 to 19,800 USDT a day
Meteor pays referral commissions on invested tether down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 11%
- level 2 – 3%
- level 3 – 2%
Joining Meteor
Meteor affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 14 USDT investment.
Meteor Conclusion
Meteor is yet another “click a button” app Ponzi scheme.
Meteor’s “click a button” Ponzi ruse is quantitative trading.
The presented ruse is Meteor affiliates log in and click a button (the more invested the more the button needs to be clicked).
This initiates a scripted “quantification process”:
Initiating the “quantification process” purportedly generates revenue via quantitative trading, which for some reason Meteor 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 Meteor does nothing. All Meteor does is recycle newly invested funds to pay earlier investors.
Meteor 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 GICAI, FCBQE and DCPTG.
Including Meteor, 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.