PDT Quantify obscures details about its proprietors or high-ranking officials on their webpage.
There are two identified domains associated with PDT Quantify:
- pdtquantify.com – registered privately on April 23rd, 2024
- pdt-partners.com – registered privately on March 25th, 2024
In spite of having been established just over a month ago, PDT Quantify misleadingly states on its portal that it “was at the forefront of algorithmic trading innovations in the 1990s”.
Remarkably, both domains of PDT Quantify have been recorded through the Chinese registration provider Alibaba (Singapore).
Furthermore, the Russian Central Bank disseminated a pyramid deception advisory regarding PDT Quantify on May 3rd, 2024.
When an MLM entity doesn’t transparently disclose who is in charge or holding ownership, deeply ponder before deciding to join or invest your funds.
The Offerings of PDT Quantify
The company doesn’t showcase any products or services available for retail.
The sole promotional aspect is the PDT Quantify affiliate membership.
The Remuneration Outline of PDT Quantify
Associates of PDT Quantify commit funds in tether (USDT) banking on the prospect of receiving promised earnings.
- VIP1 – contribute 15 to 199 USDT and reap a daily benefit of 3.9% to 4%
- VIP2 – pledge 200 to 699 USDT and earn 8.5% to 9% each day
- VIP3 – put in 700 to 1799 USDT and net 9.2% to 9.8% on a daily basis
- VIP4 – dispense 1800 to 3999 USDT and realize 10.4% to 11.2% per day
- VIP5 – spend 4000 to 8999 USDT and secure 12.1% to 13.1% each day
- VIP6 – invest 9000 to 24,999 USDT and get 13.6% to 14.8% daily
- VIP7 – dedicate 25,000 to 49,999 USDT and obtain 15.9% to 17% per day
- VIP8 – lay out 50,000 to 149,999 USDT and garner 17.9% to 19% daily
- VIP9 – allot 150,000 USDT or more and fetch 22 to 25% daily
Earnings are dispersed daily for a full year with each participation of funds.
Commissions for enlisting others are provided up to three tiers of recruitment (unilevel):
- tier 1 (direct recruits) – 13%
- tier 2 – 3%
- tier 3 – 1%
Engaging with PDT Quantify
It costs nothing to become an affiliate of PDT Quantify.
To gain full advantage of the earnings program, a stake of at least 15 USDT is mandated.
Final Thoughts on PDT Quantify
PDT Quantify represents one more Ponzi scheme under the guise of a “click a button” application.
Their cover story of quantitative trading is seen when PDT Quantify affiliates are supposedly required to log in and click a button (the higher the stake, the more frequent the button clicks).
This signifies a so-called “quantification process”:
Triggering of this “quantification process” is said to create revenue from quantitative trading, a share of which is inexplicably distributed to affiliate investors by PDT Quantify.
If this logic seems flawed, it’s because it inherently is. Individuals tapping on a button in an application does not instigate legitimate quantitative trading activity.
The harsh truth is that pressing a button in the PDT Quantify app accomplishes nothing significant. Instead, PDT Quantify merely recirculates monies from new investments to pay previous investors.
It belongs to a series of “click a button” app Ponzi schemes that started popping up towards the end of 2021.
Examples of defunct “click a button” app Ponzi schemes using similar pretenses include GICAI, FCBQE, and DCPTG.
Together with PDT Quantify, TRUST has recorded well over a hundred such Ponzi “click a button” apps. These typically collapse within a few weeks to months.
The shutdown of “click a button” app Ponzi schemes happens suddenly, rendering the websites and apps inactive and typically leaving most investors at a loss due to the nature of Ponzi schemes.
It is speculated that the same ensemble of Chinese fraudsters are the architects behind the surge of “click a button” app Ponzis.
Update as of May 20th, 2024 – The PDT Quantify scheme has fallen apart. As of the latest update, access to PDT Quantify’s website is no longer available.