On the YouTube channel, Daisy Forex key promoter Jeremy Roma, also the CEO, hints that the company operates in the niche of equity funds, which provides decentralized service. Everything else that follows this prelude is sort of riff on the equity aspect.
So, Daisy Forex is into crypto and AI. It previously ran PRs that offered returns on high-risk investments, which typically compound into a 35% ROI for investors/affiliates.
Other than these basic services (crypto, forex, AI, and affiliate profit cycle), nothing else is nearly so expressly clear about the platform. If you are going to put your money into such investments, you probably need more than the cliché crypto and forex jargon is thrown around on the internet.
The question is:
What Does Daisy Forex Do?
You can check the About page on the official website for any detail, but there are just loads of vague riffs on crypto Ais, forex, and crowdfund.
However, there is one line on the page that sticks, and that is a sort of disclosure that Daisy Forex operates an Equity Crowd Funding modeled on the Tron blockchain. Is this the same as a smart contract? Well, the site says so.
Also, most of the projects on Daisy Forex — including the Daisy AI or Daisy Crypto outfits — seem to focus on the affiliate/referral side, which is itself hinged on AI Crypto trading.
But there is a glitch with all these PRs strewn on the page. See the line below (as it appears on daisyforex.org>>about).
D.AI.SY is the number one, and largest crowdfunding project ever created raising funds for the development of AI (Artificial Intelligence) financial technologies that will change the financial industry.
Of course, this is false.
It even gets interesting since Daisy Forex is an offshoot of EndoTech, another AI crypto trader platform that claims to have sole purview of crypto markets despite its primary office being in a fringe trade community, which shows that the whole PR is a glaring lie. Sadly, Daisy Forex seems to have rehashed most of EndoTech’s PR pitch.
If you require more proof about the link between EndoTech and Daisy Forex, look up the admin records. They all have the same characters dubbed all over to read off the same PR scripts each time.
As regards the credibility of the platform, the criteria to look out for is the business roadmap of key promoters, talking Roma as a case study.
What Businesses has he run before? Only a string of affiliate-based companies, all of which have the issue of ending abruptly due to hacks, tech Breach, maintenance, or bankruptcy. Roma has been associated with Apex, Organo Gold, and even OneCoin.
Every one of Roma’s former stints typically offers untenable ROIs in a short period. They also tend to be crypto-based.
These details are freely accessible on user feedback platforms, otherwise, you can get them from any of the Daisy Forex PR channels (YouTube, for example).
You can pick a trail from the Daisy Forex About us page, which claims that the company isn’t associated with any conglomerate. However, the links are there all the same.
Daisy Forex: How the Affiliate Compensation Grids Work
Most affiliate programs use a grid structure to work out compensations based on the referral downlines of its subscribed members.
A binary — 2×2 — matrix is often the preferred grid, although every now and then one brand would pogffer a different structure.
In this case, Daisy Forex provides a 3 ×3 matrix that pays down ten (10) levels. Here is how it works, if you are not familiar with this aspect of affiliate markets compensation programs.
A subscribed member gets the top position of the 3 ×3 grid, other recruits are entered in the level below the member in three separate positions. The second level is similarly filled in by placing three new positions per entry in the previous level, which is level 1.
By continuing the procedure down an infinite level, Daisy Crypto could work out a compensation plan for members. However, the payments are only calculable from Level 1-10. Other downlines in the member’s grid are not counted.
Now, the earning scheme is a bit jumbled up. Apparently, Level 1 affiliates earn down all the lower levels, while the downlines will have to meet qualification criteria to earn profits.
Also, the profits are fraction of the investments accumulated on the downlines — fixed profits are 4% and 2% on Levels 1-2 and Levels 3-10 correspondingly.
To qualify for higher — level 1 or 2— tier profits, the affiliates will have to complete these requisites.
Recruit 24 people to the platform, generating up to $128000 in the downlines to qualify for Tier 10
Recruit 21 people to the platform, generating up to $64000 in the downlines to qualify for Tier 9, with profits propped to 4% and 2% for Levels 1-2 and Levels 3-10 in turn
Level 8 _ Recruit 18 people to the platform, generating up to $32000 in downline investments
Level 7 _ Recruit 15 people to the platform, generating up to $16000 in downlines
Level 6 _ Recruit 12 people to the platform, generating up to $8000 in downlines
Recruit 9 people to the platform, generating up to $4000 in downlines to qualify for Level 5
Recruit 6 people to the platform, generating up to $2000 in downlines to qualify for Level 4 tier profits
Level 3 _ goes for three (30 recruitments that accumulates up to $1000 in downlines to qualify for 3% profits paid out on Levels 1-2 and half of this paid on lower levels.
Daisy Forex Crowdfund Equity Pool
Daisy Forex keeps about eighty-five percent (85%) of the profits, while the rest is shuffled allover tiered compensation grids — apart from the one above. The platform pays out part of the revenue via an Equity Pool, which sums up the whole fuss about equity crowdfunding. See how this works below.
Equity Pool Shares are divvied up in increasing powers of 2 and capped at the eight level, which is 256.
256 Shares available for investors in the $51200 USDT tier
128 Shares available for investors in the $25600 USDT tier
64 Shares available for investors in the $12800 USDT tier
32 Shares available for investors in the $6400 USDT tier
16 Shares available for investors in the $3200 USDT tier
8 Shares available for investors in the $1600 USDT tier
4 Shares available for investors in the $800 USDT tier
2 Shares goes to investors in the $400 USDT tier
1 Share gores to investors in the $200 USDT tier
Whatever is left from the pool and grids gets shuffled in the compensation program, although the chunk of it is supposed to be realized from Daisy Crypto AI bots. For al this is worth, there isn’t any proof of revenue from any crypto bot run by the Daisy Forex.
Moreover, there is an additional recruitment-weighted grid that pays out ROIs on levels 1-10. Instead of the 3 ×3 matrix used previously, the site uses a unilevel lattice.
So, it pays 1% ROI to Levels 2-10 and 3.5% ROI to Level 1.
Is Daisy Forex A Scam?
All in all, these schemes are untenable. At least they are not the passive ROI plugs that crypto enthusiasts might be expecting.
You can check out the threshold investment for full membership on Daisy Forex. To get on the pay-scheme, you will need to pay $102300 in USDT. However, this doesn’t even guarantee that you will earn from bot traders straight off.
Every level of ROI-tied tier on Daisy Forex is hinged on the affiliates accumulating sufficient investments in their downlines, which implies more sign-in deposits from newly-recruited members.
At some point, one might expect a Daisy Forex ROI stream based on the advertised smart contract that it supposedly runs on the backed. Yet, this isn’t the case. So, the whole noise about a smart contract running on the Tron blockchain is a blind?
The point is that any business that solely relies on new investment deposits from affiliates for revenue is likely a pyramid scheme. Add the variable office location, jumbled brand name, and proxy execs, to the vague deals and you will understand the sort of rip-off that Daisy Forex is attempting to pull off.
You can see hints of this scam in the strings of compensation grids and fraudulent equity pools on the site. Daisy Forex requires the affiliates to accumulate thousands of dollars in investments within 30 days of signing up to qualify for a pool bonus. How many people are likely to beat that deadline?
One credible explanation for all this is that the investments are shared among Daisy Forex peers disguised as equity shareholders. After all, nobody knows how the script is run on the backend.
Additionally, no forex trade platform can legitimately promise more than four hundred per cent returns, which explains why Daisy Forex doesn’t operate as a registered trader in the US.