GQL Quantify Review: Quantitative trading “click a button” Ponzi
GQL Quantify fails to provide ownership or executive information on its website.
GQL Quantify operates from three known website domains:
- gqlquantify.com – privately registered on February 5th, 2024 (already abandoned)
- gqlvip.top – privately registered on June 11th, 2024
- gql.top – privately registered on June 12th, 2024
In an attempt to appear legitimate, GQL Quantify provides a Hong Kong shell company certificate for “HongKong Binance Global Co. Limited”.
Assuming the certificate isn’t doctored, Binance has nothing to do with GQL Quantify. Either way, for the purpose of MLM due-diligence the certificate is meaningless.
Despite only existing for a few months, on its website GQL Quantify falsely claims it “was established in Hong Kong in 2017”.
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.
GQL Quantify’s Products
GQL Quantify has no retailable products or services.
Affiliates are only able to market GQL Quantify affiliate membership itself.
GQL Quantify’s Compensation Plan
GQL Quantify affiliates invest tether (USDT). This is done on the promise of advertised passive returns:
- VIP1 – invest 30 to 9999 USDT and receive 2.5% a day for 40 days
- VIP2 – invest 100 to 9999 USDT and receive 3% a day for 33 days (must also recruit ten affiliate investors to unlock)
- VIP3 – invest 1000 to 9999 USDT and receive 4% a day (must also recruit twenty affiliate investors to unlock)
GQL Quantify 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.
GQL Quantify caps payable unilevel team levels at four.
Referral commissions are paid as a percentage of USDT invested across these four levels as follows:
- level 1 (personally recruited affiliates) – 12%
- level 2 – 6%
- level 3 – 4%
- level 4 – 2%
Joining GQL Quantify
GQL Quantifty affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 30 USDT investment.
GQL Quantify Conclusion
GQL Quantify is yet another “click a button” app Ponzi scheme.
GQL Quantify’s “click a button” Ponzi ruse is quantitative trading:
The presented ruse is GQL Quantify 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 GQL Quantify 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 GQL Quantify does nothing. All GQL Quantify does is recycle newly invested funds to pay earlier investors.
GQL Quantify 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 A8 AI USDT, OLYMP Quantify and Oscar 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).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.
Update 22nd August 2024 – GQL Quantify has collapsed. As at the time of this update all of GQL Quantify’s website domains are no longer accessible.