Horizok fails to supply possession or government data on its web site.
Horizok’s web site area (“horizok.com”), was privately registered on April 14th, 2024.
As at all times, if an MLM firm will not be overtly upfront about who’s working or owns it, suppose lengthy and onerous about becoming a member of and/or handing over any cash.
Horizok’s Merchandise
Horizok has no retailable services or products.
Associates are solely capable of market Horizok affiliate membership itself.
Horizok’s Compensation Plan
Horizok associates make investments tether (USDT). That is achieved on the promise of marketed returns:
- VIP1 – make investments 3 to 2000 USDT and obtain 2.8% to three.3% a day
- VIP2 (should recruit three affiliate traders to unlock) – make investments 500 to 8000 USDT and obtain 3.3% to three.8% a day
- VIP3 (recruitment standards unavailable) – make investments 3000 to twenty,000 USDT and obtain 3.8% to 4.3% a day
- VIP4 (should recruit eight affiliate traders to unlock) – make investments 10,000 to 50,000 USDT and obtain 4.3% to 4.8% a day
- VIP5 (recruitment standards unavailable) – make investments 30,000 to 80,000 USDT and obtain 5.3% to five.8% a day
- VIP6 (should recruit twenty affiliate traders to unlock) – make investments 90,000 to 999,999 USDT and obtain 6.3% to six.8% a day
Horizok pays referral commissions down three ranges of recruitment (unilevel):
- degree 1 (personally recruited associates) – 16%
- degree 2 – 8%
- degree 3 – 4%
Becoming a member of Horizok
Horizok affiliate membership is free.
Full participation within the connected earnings alternative requires a minimal 3 USDT funding.
Horizok Conclusion
Horizok is yet one more “click on a button” app Ponzi scheme.
Horizok’s “click on a button” Ponzi ruse is quantitative buying and selling.
The offered ruse is Horizok associates log in and click on a button:
The extra a Horizok affiliate invests the extra the button must be clicked:
Clicking the quantification button initiates a scripted “quantification course of”:
Initiating the “quantification course of” purportedly generates income by way of quantitative buying and selling, which for some motive Horizok shares a share of with affiliate traders.
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 Horizok does nothing. All Horizok does is recycle newly invested funds to pay earlier traders.
Horizok is a part of a gaggle 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 embrace GICAI, FCBQE and DCPTG.
Together with Horizok, BehindMLM has to this point 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 nearly all of traders 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.