OLYMP Quantify fails to supply possession or government data on its web site.
OLYMP Quantify’s web site area (“olympusdt.vip”), was registered with bogus particulars on June fifth, 2024.
Of observe is OLYMP Quantify’s web site area being registered via the Chinese language registrar Alibaba (Singapore).
OLYMP Quantify has already attracted the eye of monetary regulators. The Central Financial institution of Russia issued an OLYMP Quantify pyramid fraud warning on June eleventh, 2024.
As all the time, if an MLM firm just isn’t overtly upfront about who’s working or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
OLYMP Quantify’s Merchandise
OLYMP Quantify has no retailable services or products.
Associates are solely in a position to market OLYMP Quantify affiliate membership itself.
OLYMP Quantify’s Compensation Plan
OLYMP Quantify associates make investments tether (USDT). That is performed on the promise of marketed returns.
- VIP1 – make investments 20 to 59 USDT and obtain 8.5% to 9.5% a day
- VIP2 – make investments 60 to 299 USDT and obtain 10% to 11% a day
- VIP3 – make investments 300 to 999 USDT and obtain 12% to 12.99% a day
- VIP4 – make investments 1000 to 3999 USDT and obtain 14% to fifteen% a day
- VIP5 – make investments 4000 to 9999 USDT and obtain 16% to 17% a day
- VIP6 – make investments 10,000 USDT or extra and obtain 18% to 18.96% a day
OLYMP Quantify pays referral commissions on invested USDT down three ranges of recruitment (unilevel):
- degree 1 (personally recruited associates) – 15%
- degree 2 – 4%
- degree 3 – 1%
Becoming a member of OLYMP Quantify
OLYMP Quantify affiliate membership is free.
Full participation within the connected earnings alternative requires a minimal 20 USDT funding.
OLYMP Quantify Conclusion
OLYMP Quantify is one more “click on a button” app Ponzi scheme.
OLYMP Quantify’s “click on a button” Ponzi ruse is quantitative buying and selling:
OLYMP Quantify has gained the favor of the funding group with its personal high-frequency quantification expertise.
Primarily based by itself high-frequency quantification in Ai Technical benefits within the buying and selling discipline, changing into one of the crucial worthwhile establishments within the discipline.
The offered ruse is OLYMP Quantify associates log in and click on a button (the extra invested the extra the button must be clicked).
Clicking the button purportedly generates income through quantitative buying and selling, which for some purpose OLYMP Quantify shares a share of with affiliate buyers.
If that is senseless it’s as a result of it doesn’t. Randoms clicking a button in an app doesn’t set off quantitative buying and selling.
In actuality clicking a button inside OLYMP Quantify does nothing. All OLYMP Quantify does is recycle newly invested funds to pay earlier buyers.
OLYMP Quantify is a part of a gaggle of “click on a button” app Ponzis which have emerged since late 2021.
Examples of already collapsed “click on a button” app Ponzis utilizing the identical quantitative buying and selling ruse embrace Henry, High GPT and GSTAIQ,
Since 2021 BehindMLM has documented a whole bunch of “click on a button” app Ponzis. Most of them final a number of weeks to a couple months earlier than collapsing.
“Click on a button” app Ponzis disappear by disabling each their web sites and app. This tends to occur with out discover, leaving the vast majority of buyers with a loss (inevitable Ponzi math).
The identical group of Chinese language scammers are believed to be behind the “click on a button” app Ponzi plague.