GICAI fails to provide ownership or executive information on its website.
GICAI’s website domain (“gicai.net”), was privately registered on December 30th, 2023.
Note that GICAI operates on the “h5.gicai.net” subdomain. “Gicai.net” as a primary domain is disabled.
In an attempt to appear legitimate, GICAI offers up a Washington shell company certificate for GICAI LLC.
GICAI LLC was purportedly registered on January 13th, 2024.
Due to the ease with which scammers are able to incorporate shell companies with bogus details, for the purpose of MLM due-diligence these certificates are meaningless.
Furthermore a purported shell company connection signifies GICAI has no actual ties to Washington.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
GICAI’s Products
GICAI has no retailable products or services.
Affiliates are only able to market GICAI affiliate membership itself.
GICAI’s Compensation Plan
GICAI affiliates invest tether (USDT). This is done on the promise of advertised returns:
- G1 – invest 50 to 500 USDT and receive 1.7% to 2.7% a day
- G2 (must invest 300 USDT and recruit five affiliate investors) – invest 300 to 3000 USDT and receive 2.1% to 3.1% a day
- G3 (must invest 1000 USDT and recruit fifteen affiliate investors) – invest 1000 to 10,000 USDT and receive 2.6% to 3.6% a day
- G4 (must invest 3000 to 30,000 USDT and recruit forty-five affiliate investors) – invest 3000 to 30,000 USDT and receive 3.1% to 4.1% a day
- G5 (must invest 10,000 USDT and recruit ninety affiliate investors) – invest 10,000 to 100,000 USDT and receive 3.6% to 4.6% a day
GICAI pays referral commissions on invested USDT down three levels of recruitment (unilevel):
- level 1 (personally recruited affiliates) – 12%
- level 2 – 4%
- level 3 – 2%
Joining GICAI
GICAI affiliate membership is free.
Full participation in the attached income opportunity requires a minimum 50 USDT investment.
GICAI Conclusion
GICAI is yet another “click a button” app Ponzi scheme.
GICAI’s “click a button” Ponzi ruse is quantitative trading:
The presented ruse is GICAI affiliates log in and click a button (the more invested the more the button needs to be clicked).
This initiates a scripted “quantification process”:
Initiating the “quantification process” purportedly generates revenue via quantitative trading, which for some reason GICAI shares a percentage of with affiliate investors.
If that makes no sense it’s because it doesn’t. Randoms clicking a button in an app doesn’t trigger quantitative trading.
In reality clicking a button inside GICAI does nothing. All GICAI does is recycle newly invested funds to pay earlier investors.
GICAI is part of a group of “click a button” app Ponzis that have emerged since late 2021.
Examples of already collapsed “click a button” app Ponzis using the same quantitative trading ruse include FCBQE, DCPTG and DQF.
Including GICAI, BehindMLM has thus far documented over a hundred “click a button” app Ponzis. Most of them last a few weeks to a few months before collapsing.
“Click a button” app Ponzis disappear by disabling both their websites and app. This tends to happen without notice, leaving the majority of investors with a loss (inevitable Ponzi math).
The same group of Chinese scammers are believed to be behind the “click a button” app Ponzi plague.