Horizok Review: Quantitative trading “click a button” app Ponzi
Horizok fails to provide ownership or executive information on its website.
Horizok’s website domain (“horizok.com”), was privately registered on April 14th, 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.
Horizok’s Products
Horizok has no retailable products or services.
Affiliates are only able to market Horizok affiliate membership itself.
Horizok’s Compensation Plan
Horizok affiliates invest tether (USDT). This is done on the promise of advertised returns:
- VIP1 – invest 3 to 2000 USDT and receive 2.8% to 3.3% a day
- VIP2 (must recruit three affiliate investors to unlock) – invest 500 to 8000 USDT and receive 3.3% to 3.8% a day
- VIP3 (recruitment criteria unavailable) – invest 3000 to 20,000 USDT and receive 3.8% to 4.3% a day
- VIP4 (must recruit eight affiliate investors to unlock) – invest 10,000 to 50,000 USDT and receive 4.3% to 4.8% a day
- VIP5 (recruitment criteria unavailable) – invest 30,000 to 80,000 USDT and receive 5.3% to 5.8% a day
- VIP6 (must recruit twenty affiliate investors to unlock) – invest 90,000 to 999,999 USDT and receive 6.3% to 6.8% a day
Horizok pays referral commissions down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 16%
- level 2 – 8%
- level 3 – 4%
Joining Horizok
Horizok affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 3 USDT investment.
Horizok Conclusion
Horizok is yet another “click a button” app Ponzi scheme.
Horizok’s “click a button” Ponzi ruse is quantitative trading.
The presented ruse is Horizok affiliates log in and click a button:
The more a Horizok affiliate invests the more the button needs to be clicked:
Clicking the quantification button initiates a scripted “quantification process”:
Initiating the “quantification process” purportedly generates revenue via quantitative trading, which for some reason Horizok 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 Horizok does nothing. All Horizok does is recycle newly invested funds to pay earlier investors.
Horizok 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 Horizok, 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.