Quantum Review: Reboot of twice collapsed EcoTrade Ponzi
Quantum fails to provide ownership or executive information on its website.
Quantum’s website domain (“myquantum.world”), was privately registered on May 5th, 2022.
Planning for the company however appears to be backdated to around February.
E.g. Quantum’s official YouTube channel was created on February 6th, 2022.
Quantum’s official FaceBook page was renamed from EcoTradeFX to QuantumFX on February 8th, 2022.
EcoTradeFX corresponds to EcoTrade, a 3% a day MLM Ponzi scheme launched in late 2021.
EcoTrade’s website is still up, and clicking the official FaceBook link redirects to Quantum’s official FaceBook page.
EcoTrade was run by a bunch of scammers connected to the Tendencia Trading YouTube channel:
Tendencia Trading was abandoned in November 2021.
The company was run by CEO Jose Chirinos (right), who is based out the Dominican Republic.
Prior to reinventing himself as a crypto bro scammer last year, Jose Chirinos was a CrossFit instructor:
Chirinos being in the Dominican Republic ties into Quantum’s official FaceBook page being managed from there.
In an effort to hide Quantum being run from the Dominican Republic, its website states:
Our main headquarters is incorporated in Dubai, United Arab Emirates.
Quantum does appear to have held some marketing events in Dubai, so it’s possible Chirinos is working with partners there.
Dubai is the MLM crime capital of the world.
BehindMLM’s guidelines for Dubai are:
- If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
- If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.
If you want to know specifically how this applies to Quantum, read on for a full review.
Quantum has no retailable products or services.
Affiliates are only able to market Quantum affiliate membership itself.
Quantum’s Compensation Plan
Quantum affiliate invest funds on the promise of a 0.5% or 1.5% daily return.
Return rates are tied to Consultant or Executive membership.
Consultant membership pays 0.5% a day and has no attached cost.
Executive membership pays 1.5% a day and has a 5% fee of the invested amount.
The MLM side of Quantum pays on affiliate recruitment.
Quantum affiliates earn referral commissions based on which membership they have:
- Consultants earn 7% of funds invested by personally recruited affiliates
- Executives earn 12% of funds invested by personally recruited affiliates
Quantum pays residual commissions via a binary compensation structure.
A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right):
The first level of the binary team houses two positions. The second level of the binary team is generated by splitting these first two positions into another two positions each (4 positions).
Subsequent levels of the binary team are generated as required, with each new level housing twice as many positions as the previous level.
Positions in the binary team are filled via direct and indirect recruitment of affiliates. Note there is no limit to how deep a binary team can grow.
At the end of each day Quantum tallies up new investment volume on both sides of the binary team.
- Consultants earn 7% of new investment volume on their weaker binary team side
- Executives earn 12% of new investment volume on their weaker binary side
Once paid out on, volume is matched against the stronger binary team side and flushed. Any leftover volume on the stronger binary team side carries over.
Note that to qualify for residual commissions, a Quantum affiliate must recruit two investors (placed one on both sides of the binary team).
Quantum affiliate membership is available at two tiers:
- Consultant – no fee
- Executive – 5% fee on funds invested
In addition to cost, the primary difference between the two tiers is income potential.
Quantum is a reboot of EcoTrade, which itself was launched alongside Speed Finance Club.
Both Speed Finance Club and EcoTrade have since collapsed, making Quantum the third reboot from the same scammers.
The ruse behind Quantum is the usual cliche crypto buzzword bullshit:
We develop cutting-edge projects in the technology industry such as metaverse, NFT and cryptocurrencies.
Behind that you have a cookie-cutter “AI trading” Ponzi scheme:
Quantum is a community of visionaries and entrepreneurs, made up of professional traders who successfully trade stocks, cryptocurrencies and forex.
If it wasn’t obvious, there is no trading. All Quantum do is recycle newly invested funds to pay off existing investors.
As with Speed Finance Club and EcoTrade, when new investment runs dry – kaboom.
Differentiating itself from the previous two Ponzi schemes, Quantum has opted for a shit token exit-scam.
No specific QTW token information is presented on Quantum’s website. You know the deal though, push button, create shit token, dump on affiliate investors, profit.
Quantum inevitably switching withdrawals to QTW token will mark the Ponzi schemes official collapse.
The math behind MLM Ponzi schemes guarantees that when they collapse, the majority of participants lose money.