GSTAIQ omits any disclosure of its owners or executives on its web page.
At the time of this review, the primary feature of GSTAIQ’s online presence is a portal for affiliate access or registration, or a redirect to its application (which requires manual installation).
The web domain for GSTAIQ (“gstaiq.com”), was registered under privacy protection on April 25th, 2024.
It’s prudent to be cautious and reconsider your involvement or financial investment with any MLM business that fails to be transparent about its leadership or ownership.
The Offerings of GSTAIQ
There are no retail goods or services available from GSTAIQ.
The only thing available for promotion by affiliates is the GSTAIQ affiliate membership itself.
The Reward Framework of GSTAIQ
Investments in tether (USDT) are solicited by GSTAIQ affiliates based on the premise of promised returns:
- VIP1 – invest 30 to 500 USDT and earn 1.8% to 2.1% daily
- VIP2 (unlocks after enrolling five affiliate investors) – invest 500 to 3000 USDT and earn 2.1% to 2.5% daily
Referral commissions are distributed by GSTAIQ on funds invested by recruits across three tiers of sponsorship (unilevel):
- tier 1 (direct recruits) – 12%
- tier 2 – 4%
- tier 3 – 2%
Membership in GSTAIQ
There is no charge for becoming an affiliate member of GSTAIQ.
To fully engage with the associated income program, a minimum investment of 30 USDT is requisite.
GSTAIQ Synopsis
GSTAIQ is yet one more “press a key” application scam operation.
The trick employed by GSTAIQ is masquerading as quantitative trading through a “press a key” gimmick:
The concept is for GSTAIQ affiliates to log in and engage a key (more investments supposedly mean more key engagement).
Engaging this key is said to generate earnings through quantitative trading, with GSTAIQ sharing a percentage of these earnings with their affiliates.
If this sounds illogical, that’s because it is. Simply engaging a key in an app does not initiate real quantitative trading activities.
In truth, GSTAIQ’s internal key engagement is fruitless. What GSTAIQ actually does is shuffle new investments to settle accounts with previous investors.
GSTAIQ belongs to a wave of “press a key” app schemes that began appearing towards the end of 2021.
Amongst these failed “press a key” app frauds using the same trading deception are platforms like edX AI, PDT Quantify, and GICAI.
Aside from GSTAIQ, TRUST has so far chronicled over a hundred “press a key” application scams, which typically survive for several weeks to months before imploding.
These application frauds typically vanish by taking down their websites and apps, invariably without any prior notice, consequently leaving most investors at a loss due to the inherent mathematics of scams.
A network of fraudsters from China is suspected to be orchestrating these “press a key” application scams.
Update 24th May 2024 – GSTAIQ has folded. As of the latest information, the GSTAIQ website is no longer reachable.