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On their website, Quantixus lacks any information about owners or executives. On April 20, 2023, a private registration for the “quantixus.com” domain was made.
Quantixus offers information about the incorporation of Quantixus Limited in an effort to appear credible. Founded in the United Kingdom on April 24th, 2023, is Quantixus Limited. A warning sign is an MLM business that is based in the UK or claims to be one.
UK incorporation is quite inexpensive and essentially unregulated. Furthermore, the FCA, the UK’s primary financial regulator, does not actively combat securities fraud associated with multilevel marketing.
The UK is therefore a preferred destination for con artists wishing to establish, run, and advertise fictitious businesses.
Whether a company is incorporated in the UK or registered with the FCA has no bearing on MLM due diligence.
Always think twice before joining or giving any money to an MLM firm if it is not completely transparent about who owns or runs it.
Products of Quantixus
No retailable goods or services are offered by Quantixus. Affiliates can only promote Quantixus affiliate membership in and of itself.
Compensation Plan of Quantixus
Affiliates of Quantixus make cryptocurrency investments in US dollars. On the basis of advertised weekday returns, this is done:
|Investment Level||Minimum Investment||Maximum Investment||Daily Interest rate||Duration (Days)|
Quantixus Affiliate Ranks
There are five affiliate tiers in Quantixus’ pay structure, each with a set of prerequisites:
Normal: An affiliate must find up to fifty new affiliates for this rank, each of whom requires an active investment.
Representative: In order to be promoted to the position of Representative, an affiliate must find between fifty-one and one hundred fifty new affiliates, all of whom must have active investments.
Partner: To earn the Partner status, an affiliate must bring on between 150 and 300 new partners who have all made recent investments.
Promotor: To advance to the Promotor position, a member of the affiliate network must find between 300 and 500 other members who have active investments.
VIP: The highest status, VIP, requires the recruitment of at least 500 affiliates who must all continue to make active investments.
In the final analysis, affiliates are able to rise the ranks of Quantixus’ reward structure by bringing on a predetermined number of new affiliates with active investments.
Quantixus: Referral Commissions
Quantixus uses a unilevel compensation scheme to pay referral commissions.
An affiliate is put at the head of a unilevel team in a unilevel pay system, and each affiliate they personally recruited is positioned immediately under them (level 1):
If any level 1 affiliate brings on new affiliates, the new affiliates are assigned to the original affiliate’s unilevel team at level 2.
In the event that any level 2 affiliates bring on new affiliates, they are promoted to level 3, and so on and so on down a theoretically unlimited number of levels.
Five is Quantixus’ limit for payable unilevel team levels. As a percentage of the cryptocurrency invested throughout these five levels, referral commissions are given according to rank, you can see it in the form of the table below:
|Affiliate Rank||Level 1 (%)||Level 2 (%)||Level 3 (%)||Level 4 (%)||Level 5 (%)|
There is no cost to join Quantixus as an affiliate. Investing at least $50 is necessary to fully participate in this additional profit opportunity. In several cryptocurrencies, Quantixus invites investment.
Here in the case, there are doubts about the validity of Quantixus and its assertion that it generates income through a “quantum trading bot.” According to the firm, this bot has a remarkable 98.6% transaction efficiency, indicating a very low risk. They also highlight the use of sophisticated trading strategies and algorithms that aim to maximize gains while reducing risk.
Red flags are present, though. Quantixus does not offer convincing proof that the money utilized to settle withdrawal requests is genuinely made from trading operations. This makes their revenue sources questionable. The company’s business plan is also alleged to have traits that are similar to those of a Ponzi scheme, a dishonest investment scheme.
Get Your Money Back Suspicious
It is claimed that there might be no obvious need for outside funding if Quantixus indeed possessed a trading bot that could reliably produce a stunning 14% daily return. It is questioned why they would need further funding from investors if they have such a profitable tool.
The biggest worry is that Quantixus’s major source of income seems to be from new affiliate investments. The business would resemble a Ponzi scheme if it used these fresh investments to fulfil the returns pledged to current members.
As their funds are used to compensate for previous participants, a program like this depends on a steady flow of new investors to be viable. Financial instability might result from a decline in recruiting since there may not be sufficient funding to deliver the promised profits.
Multi-level marketing (MLM) Ponzi schemes frequently use this pattern. As the number of new affiliates recruited declines, investment flows gradually do so, eventually leaving less money available to pay rewards. Due to the scheme’s potential collapse as a result, a great number of participants may sustain large financial losses.
The key issues are that there is no verifiable evidence of trading-generated income, the claimed returns are exaggerated, and it may be necessary to make more investments in order to continue payouts.
Considering all of these elements, it appears that the situation fits the definition of a Ponzi scheme. When confronted with chances to invest that guarantee astronomically high returns but lack sufficient proof of their legitimacy, it is crucial to proceed with caution and mistrust.