edX AI fails to supply possession or govt data on its web site.
edX AI’s web site area (“edxai-usdt.com”), was privately registered on April twenty fifth, 2024.
Of observe is edX AI’s web site area being registered by the Chinese language registrar Alibaba (Singapore).
In an try to look legit, edX AI supplies a FINCEN MSB registration certificates for EDX INC. EDX Inc. is represented to be a New York shell firm.
The certificates is meaningless, primarily attributable to FINCEN not being a monetary regulator.
Moreover as a result of ease with which scammers are capable of incorporate shell corporations with bogus particulars, for the aim of MLM due-diligence any associated certificates are meaningless.
As all the time, if an MLM firm shouldn’t be brazenly upfront about who’s working or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.
edX AI’s Merchandise
edX AI has no retailable services or products.
Associates are solely capable of market edX AI affiliate membership itself.
edX AI’s Compensation Plan
edX AI associates make investments tether (USDT). That is executed on the promise of marketed returns:
- VIP1 – make investments 13 to 165 USDT and obtain 8.6% a day
- VIP2 – make investments 166 to 665 USDT and obtain 9.8% a day
- VIP3 – make investments 666 to 1665 USDT and obtain 11.8% a day
- VIP4 – make investments 1666 to 3665 USDT and obtain 15.2% a day
- VIP5 – make investments 3666 to 8665 USDT and obtain 17.3% a day
- VIP6 – make investments 8666 to 26,665 USDT and obtain 18.5% a day
- VIP7 – make investments 26,666 or extra USDT and obtain 20% a day
edX AI pays referral commissions on invested USDT down three ranges of recruitment (unilevel):
Notice nonetheless that particular referral fee charges on every stage will not be disclosed.
edX AI additionally pays a referral bonus is that if the next downline funding targets are met:
- 500 USDT in downline funding generated inside 24 hours = 26 USDT bonus
- 1500 USDT in downline funding generated inside 24 hours = 66 USDT bonus
- 5000 USDT in downline funding generated inside 24 hours = 266 USDT bonus
- 15,000 USDT in downline funding generated inside 24 hours = 766 USDT bonus
- 50,000 USDT in downline funding generated inside 24 hours = 3666 USDT bonus
- 10,000 USDT in downline funding generated inside 24 hours = 8666 USDT bonus
Notice that edX AI solely counts downline funding throughout the primary three ranges of recruitment.
Becoming a member of edX AI
edX AI affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal 13 USDT funding.
edX AI Conclusion
edX AI misappropriates the identify and branding of the net studying platform edX.
edX is a US for-profit on-line training platform owned by 2U since 2021. The platform’s primary focus is to handle a wide range of choices, together with elite model bootcamps.
edX AI has nothing to do with edX the precise firm.
edX AI is yet one more “click on a button” app Ponzi scheme. edX AI’s “click on a button” Ponzi ruse is quantitative buying and selling.
The introduced ruse is edX AI associates log in and click on a button (the extra invested the extra the button must be clicked). This initiates a scripted “quantification course of”.
Initiating the “quantification course of” purportedly generates income through quantitative buying and selling, which for some purpose edX AI shares a proportion of with affiliate buyers.
If that is not sensible 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 edX AI does nothing. All edX AI does is recycle newly invested funds to pay earlier buyers.
edX AI is a part of a bunch 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 embody GICAI, FCBQE and DCPTG.
Together with edX AI, BehindMLM has so far documented over 100 “click on a button” app Ponzis. Most of them final just a few weeks to some 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.