Wetify Review: Quantitative trading “click a button” Ponzi
Wetify fails to provide ownership or executive information on its website.
Wetify operates from two known website domains:
- wetify.net (app) – privately registered on October 4th, 2023
- wetify.com (fintech template marketing site) – privately registered on May 22nd, 2023
If we click on the support section of Wetify’s website, we learn it runs on the Meiqia platform.
Meiqia is a Chinese software company based out of Beijing. This suggests whoever is running Wetify has ties to China.
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.
Wetify’s Products
Wetify has no retailable products or services.
Affiliates are only able to market Wetify affiliate membership itself.
Wetify’s Compensation Plan
Wetify affiliates invest 30 USDT or more on the promise of a passive return.
Wetify pays referral commissions on invested USDT down three levels of recruitment (unilevel):
Note that Wetify does not publicly disclose specific referral commission rates across the three levels.
Joining Wetify
Wetify affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 30 USDT investment.
Wetify Conclusion
Wetify is yet another “click a button” app Ponzi scheme.
Wetify’s “click a button” Ponzi ruse is quantitative trading:
The presented ruse is Wetify 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 Wetify 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 Wetify does nothing. All Wetify does is recycle newly invested funds to pay earlier investors.
Wetify 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 Wetify, 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.
Hi There,
Thank you for sharing this point of view. A friend of mine recommended me to have a look to your article as I am member of wetify for now 6 months.
The result is that I grow a team of 50 members, we all together invested 3500usdt, we all withdraw about 8500usdt, and we all have 9000 usdt on balance.
I involved myself in it, because I belived that pyramide schema, despite the fact that one guy fucked it up “Ponzi”, regarding our capacity of networking, this schemes is the future.
regarding my experience i really don’t know how they could “hustle” money from people regarding the profit they give combined to the initial investment between 100 or 300 max.
What I think very intersting, is the fact they promise 1,8% a day, and regarding when you choose to click during the day they prove you they are able to give it to you. regular banking aways show a 4 to 5 years previous history, never any day to day in advance proof.
About quantifications, when you quantify you have access to your quantifications histories (currency, price, platforme and exact time). I randomly checked 2 of them, and it was exact.
I have absolutly no interest in writing this expect the facts that i hope people will not miss this opportunity, and also my members to have catch a nice smile <3
Bruh, this is qUaNtItAtIvE tRaDiNg “click a button” Ponzi #6969420. The fuck out of here pretending these dumbass scams are actually trading.
Sorry for your loss and whatever country the Chinese scammers are pillaging with this one.
For all Wetify users, be careful because you risk losing your invested money. The app is a big scam.