TeslaQuant Review: Quantitative Trading “click a button” Ponzi
TeslaQuant fails to provide ownership or executive information on its website.
TeslaQuant’s website domain (“teslaquant.com”), was registered with bogus details on September 4th, 2024.
Of note is TeslaQuant’s website domain being registered through the Chinese registrar Alibaba (Singapore).
TeslaQuant has already attracted the attention of financial regulators. The Central Bank of Russia issued a TeslaQuant pyramid fraud warning on September 17th, 2024.
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.
TeslaQuant’s Products
TeslaQuant has no retailable products or services.
Affiliates are only able to market TeslaQuant affiliate membership itself.
TeslaQuant’s Compensation Plan
TeslaQuant affiliates invest tether (USDT). This is done on the promise of advertised returns:
- VIP1 – invest 12 to 117 USDT and receive 20.78% a day
- VIP2 – invest 118 to 537 USDT and receive 21.08% a day
- VIP3 – invest 538 to 1437 USDT and receive 21.48% a day
- VIP4 – invest 1438 to 3887 USDT and receive 21.88% a day
- VIP5 – invest 3888 to 7887 USDT and receive 22.38% a day
- VIP6 – invest 7888 to 16,677 USDT and receive 22.88% a day
- VIP7 – invest 16,678 to 38,787 USDT and receive 23.48% a day
- VIP8 – invest 38,788 to 88,887 USDT and receive 24.08% a day
- VIP9 – invest 88,888 to 158,887 USDT and receive 24.68% a day
- VIP10 – invest 158,888 to 198,887 USDT and receive 25.48% a day
- VIP11 – invest 197,888 USDT or more and receive 26.18% a day
The MLM side of TeslaQuant pays on recruitment of affiliate investors.
Referral Commissions
TeslaQuant pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 12%
- leve 2 – 3%
- level 3 – 2%
Downline Investment Bonus
TeslaQuant rewards affiliates for generating downline investment from personally recruited affiliates over a twenty-four hour period:
- generate 1000 USDT in downline investment and receive 12 USDT
- generate 2000 USDT in downline investment and receive 30 USDT
- generate 3000 USDT in downline investment and receive 50 USDT
- generate 5000 USDT in downline investment and receive 100 USDT
- generate 10,000 USDT in downline investment and receive 250 USDT
- generate 50,000 USDT in downline investment and receive 2000 USDT
- generate 100,000 USDT in downline investment and receive 6800 USDT
Joining TeslaQuant
TeslaQuant affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 20 USDT investment.
TeslaQuant Conclusion
TeslaQuant is yet another “click a button” app Ponzi scheme.
TeslaQuant’s “click a button” Ponzi ruse is quantitative trading:
The presented ruse is TeslaQuant 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 TeslaQuant 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 TeslaQuant’s app does nothing. All TeslaQuant does is recycle newly invested funds to pay earlier investors.
TeslaQuant 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 World Quant AI, AI Global and Wheatland AI.
Since 2021 BehindMLM has documented hundreds of “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).
Organized crime interests from China operate scam factories behind “click a button” Ponzis from south-east Asian countries.
In September 2024, the US Department of Treasury sanctioned Cambodian politician Ly Yong Phat over ties to Chinese human trafficking scam factories.
Through various companies he owns, Phat is alleged to shelter Chinese scammers operating out of Cambodia.
Regardless of which country they operate from, the same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.
Update 27th October 2024 – TeslaQuant has collapsed. As at the time of this update TeslaQuant’s website is no longer accessible.