GAAF Review: Quantitative trading “click a button” Ponzi
GAAF fails to provide ownership or executive information on its website.
GAAF’s website domain (“gaaf-vip.com”), was privately registered on May 10th, 2024.
Despite existing for just over a month, on its website GAAF falsely claims it was “established on 03/13/2021”.
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.
GAAF’s Products
GAAF has no retailable products or services.
Affiliates are only able to market GAAF affiliate membership itself.
GAAF’s Compensation Plan
GAAF affiliates invest tether (USDT). This is done on the promise of advertised returns:
- VIP0 – invest 20 to 300 USDT and receive 1.2% to 1.5% a day
- VIP1 – invest 300 to 2000 USDT and receive 1.8% to 2.1% a day
- VIP2 – invest 1000 to 5000 USDT and receive 2.3% to 2.6% a day
- VIP3 – invest 5000 to 10,000 USDT and receive 2.7% to 3% a day
- VIP4 – invest 10,000 to 20,000 USDT and receive 3.2% to 3.5% a day
- VIP5 – invest 50,000 to 200,000 USDT and receive 3.8% to 4.1% a day
Note that GAAF investment tiers must be qualified for. See “GAAF Affiliate Ranks” below for details.
GAAF Affiliate Ranks
There are six affiliate ranks within GAAF’s compensation plan.
Along with their respective qualification criteria, they are as follows:
- VIP0 – sign up as a GAAF affiliate and invest
- VIP1 – recruit two affiliate investors and generate 300 USDT in downline investment
- VIP2 – recruit five affiliate investors and generate 1000 USDT in downline investment
- VIP3 – recruit fifteen affiliate investors and generate 5000 USDT in downline investment
- VIP4 – recruit thirty affiliate investors and generate 10,000 USDT in downline investment
- VIP5 – recruit sixty affiliate investors and generate 50,000 USDT in downline investment
Referral Commissions
GAAF pays referral commissions on invested USDT down three levels of recruitment (unilevel):
GAAF’s referral commission rates are determined by rank:
- VIP0 – 8% on level 1 (personally recruited affiliates), 5% on level 2 and 2% on level 3
- VIP1 – 10% on level 1, 5% on level 2 and 2% on level 3
- VIP2 – 12% on level 1, 6% on level 2 and 3% on level 3
- VIP3 – 15% on level 1, 8% on level 2 and 5% on level 3
- VIP4 – 18% on level 1, 10% on level 2 and 7% on level 3
- VIP5 – 23% on level 1, 12% on level 2 and 10% on level 3
Rank Achievement Bonus
GAAF rewards affiliates for qualifying at V1 and higher with the following one-time Rank Achievement Bonuses:
- qualify at V1 and receive 5 USDT
- qualify at V2 and receive 30 USDT
- qualify at V3 and receive 100 USDT
- qualify at V4 and receive 500 USDT
- qualify at V5 and receive 2000 USDT
Downline Recruitment Bonuses
GAAF rewards affiliates for hitting downline quotas across three levels of recruitment:
- build a downline of 10 affiliate investors and receive 10 USDT
- build a downline of 50 affiliate investors and receive 40 USDT
- build a downline of 100 affiliate investors and receive 100 USDT
- build a downline of 500 affiliate investors and receive 350 USDT
- build a downline of 1000 affiliate investors and receive 800 USDT
- build a downline of 5000 affiliate investors and receive 3500 USDT
- build a downline of 10,000 affiliate investors and receive 8000 USDT
Joining GAAF
GAAF affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 20 USDT investment.
GAAF Conclusion
GAAF is yet another “click a button” app Ponzi scheme.
GAAF’s “click a button” Ponzi ruse is quantitative trading:
The presented ruse is GAAF 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 GAAF 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 GAAF does nothing. All GAAF does is recycle newly invested funds to pay earlier investors.
GAAF 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 Henry, Top GPT and GSTAIQ.
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).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.