Tether trading bot app Ponzi scheme


Royal Q stands for “Royal Quantify Funding Administration Co.”

Royal Q gives no info on its web site about who owns or runs the corporate.

Royal Q’s web site area (“royalqs.com”) was privately registered on February twenty second, 2021.

Royal Q’s web site is actually a placholder to redirect guests to its app.

Regardless of the doubtful nature of the enterprise, Royal Q’s app is offered each from the Google Play and Apple App shops.

Notice that this is just not an indication of legitimacy. That comes all the way down to evaluation of Royal Q’s enterprise mannequin.

Perusal of Royal Q’s web site source-code reveals Chinese language language internet components:

Royal Q’s social media posts are additionally written in Chinese language:

This implies whoever is working Royal Q on the very least speaks Chinese language. They’re very doubtless based mostly out of China or higher south-east Asia.

Alexa at the moment ranks high sources of visitors to Royal Q’s web site as India (15%), Nigeria (12%) and Mexico (9%).

As at all times, if an MLM firm is just not brazenly upfront about who’s working or owns it, suppose lengthy and arduous about becoming a member of and/or handing over any cash.

Royal Q’s Merchandise

Royal Q has no retailable services or products.

Associates are solely in a position to market Royal Q affiliate membership itself.

Royal Q’s Compensation Plan

Royal Q’s compensation plan pays out on the recruitment of affiliate buyers.

Royal Q Affiliate Ranks

There are six affiliate ranks inside Royal Q’s compensation plan.

Together with their respective qualification standards, they’re as follows:

  • VIP1 – enroll as an affiliate and put money into Royal Q
  • VIP2 – recruit 3 associates and generate a complete downline of 20 associates
  • VIP3 – recruit 5 associates (three have to be VIP2 or larger) and generate a complete downline of 100 associates
  • VIP4 – recruit 8 associates (three have to be VIP3 or larger) and generate a complete downline of 300 associates
  • VIP5 – recruit 12 associates (three have to be VIP4 or larger) and generate a complete downline of 800 associates
  • VIP6 – recruit 20 associates (three have to be VIP5 or larger) and generate a complete downline of 1500 associates

To rely in the direction of rank qualification standards, immediately and not directly recruited associates have to be paid up.

Recruitment Commissions

Royal Q associates earn a fee for every affiliate they personally recruit.

  • VIP1 associates earn a $30 recruitment fee
  • VIP2 associates earn a $40 recruitment fee
  • VIP3 associates earn a $50 recruitment fee
  • VIP4 associates earn a $60 recruitment fee
  • VIP5 associates earn a $65 recruitment fee
  • VIP6 associates earn a $70 recruitment fee

Recruitment Bonus

Royal Q’s recruitment bonus is paid out through a unilevel compensation construction.

A unilevel compensation construction locations an affiliate on the high of a unilevel staff, with each personally recruited affiliate positioned immediately beneath them (degree 1):

If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel staff.

If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.

Beginning at VIP2, Royal Q associates earn a bonus per affiliate recruited into their downline.

  • VIP2 associates earn $10 per affiliate recruited into their unilevel staff
  • VIP3 associates earn $20 per affiliate recruited into their unilevel staff
  • VIP4 associates earn $30 per affiliate recruited into their unilevel staff
  • VIP5 associates earn $40 per affiliate recruited into their unilevel staff
  • VIP6 associates earn $50 per affiliate recruited into their unilevel staff

Notice that the Recruitment Bonus stops in every unilevel leg when an affiliate in that leg ranks on the similar rank because the qualifying affiliate.

E.g. You might be VIP and somebody ranks as VIP2 in certainly one of your unilevel staff legs.

Now you now not earn the recruitment bonus on recruitment exercise in that unilevel staff leg.

Dividend Bonus

Royal Q fees associates a 20% “efficiency payment” on worthwhile trades.

This payment is used to pay the Dividend Bonus.

  • VIP2 associates earn 30% of efficiency charges collected from their downline
  • VIP3 associates earn 40% of efficiency charges collected from their downline
  • VIP4 associates earn 50% of efficiency charges collected from their downline
  • VIP5 associates earn 55% of efficiency charges collected from their downline
  • VIP6 associates earn 60% of efficiency charges collected from their downline

Becoming a member of Royal Q

Signing up as a Royal Q affiliate prices $120 yearly.

Notice that each one funds inside Royal Q are made in tether.

Royal Q Conclusion

Royal Q is your typical buying and selling bot Ponzi scheme.

Royal Q claims to generate returns through an “intelligence algorithm”.

Synthetic intelligence algorithm 7*24 hours seamless clever monitoring, highly effective information evaluation and processing capabilities, and execute corresponding operation methods.

No proof of the algorithm or buying and selling exercise is offered. Neither is there any proof of Royal Q utilizing exterior income of any type to pay affiliate withdrawals.

By their very own admission, Royal Q is a passive funding alternative.

The Royal Q quantification system adopts a multi-strategy, multi-technology fusion clever quantification mechanism.

Customers solely want to pick the corresponding funding model and click on a key to start out, they usually can notice good fool-style monetary administration.

MLM corporations providing a passive funding alternative represent a securities providing.

Royal Q gives no proof it has registered with monetary regulators in any jurisdiction it solicits funding in.

Thus, at a minimal, Royal Q is committing securities fraud and working illegally.

The one verifiable income getting into Royal Q is new funding.

Utilizing new funding to pay returns makes Royal Q a Ponzi scheme.

As with all MLM Ponzi schemes, as soon as affiliate recruitment dries up so too will new funding.

It will starve Royal Q of ROI income, ultimately prompting a collapse.

“However they’ll’t contact our cash!” Ponzi schemes finish in certainly one of two methods: a rigged trades exit-scam or bot buying and selling meltdown.

Nonetheless Royal Q collapses, math ensures the vast majority of contributors will lose cash.