YIPTG Review: Quantitative trading “click a button” app Ponzi
YIPTG fails to provide ownership or executive information on its website.
YIPTG’s website domain (“yiptg.com”), was privately registered on January 5th, 2024.
Despite only existing for a few months, on its website YIPTG falsely claims it was “establish[ed] in Nevada, USA in 2012”.
As to being based of Nevada, YIPTG offers up a Nevada shell company certificate for YIPTG LLC.
YIPTG LLC was purportedly registered on January 9th, 2024.
Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.
Furthermore a purported shell company connection signifies YIPTG has no actual ties to Nevada.
If we click on the source-code of YIPTG’s chat support service, we find it runs on Meiqia software.
Meiqia is a Chinese software company based out of Beijing. This suggests whoever is running DCPTG has ties to China.
SimilarWeb traffic estimates for YIPTG’s website suggest the company is currently being promoted in Belgium (27%), Ukraine (23%), Russia (15%), Latvia (13%) and Portugal (11%).
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.
YIPTG’s Products
YIPTG has no retailable products or services.
Affiliates are only able to market YIPTG affiliate membership itself.
YIPTG’s Compensation Plan
YIPTG affiliates invest tether (USDT). This is done on the promise of advertised returns:
- VIP1 – invest 30 to 500 USDT and receive 2% to 2.3% a day
- VIP2 – invest 500 to 3000 USDT and receive 2.3% to 2.8% a day (must recruit five affiliate investors to unlock)
- VIP3 – invest 3000 to 10,000 USDT and receive 2.8% to 3.3% a day (must recruit ten affiliate investors to unlock)
The MLM side of YIPTG pays on recruitment of affiliate investors.
Referral Commissions
YIPTG pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 12%
- level 2 – 4%
- level 3 – 2%
Recruitment Bonus
YIPTG pays a recruitment bonus on personal recruitment efforts:
- recruit one affiliate investor and receive 10 USDT
- recruit two affiliate investors and receive 15 USDT
- recruit three affiliate investors and receive 20 USDT
- recruit four affiliate investors and receive 25 USDT
- recruit five affiliate investors and receive 30 USDT
Monthly Salary
YIPTG pays a “monthly salary” based on level 2 recruitment (affiliates recruited by affiliates you recruit):
- have fifty recruited affiliate investors on level 2 and receive $120 a month
- have three hundred affiliate investors on level 2 and receive $450 a month
- have one thousand affiliate investors on level 2 and receive $1050 a month
Joining YIPTG
YIPTG affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 30 USDT investment.
YIPTG Conclusion
YIPTG is yet another “click a button” app Ponzi scheme.
YIPTG’s “click a button” Ponzi ruse is quantitative trading:
The presented ruse is YIPTG 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 YIPTG 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 YIPTG does nothing. All YIPTG is doing is recycling newly invested funds to pay earlier investors.
YIPTG 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 DQF, OBC AI and CDC.
Including YIPTG, 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.