Is Daisy AI a Scam and Their Forex Trading a Ponzi?

Daisy AI has made a lot of noise in the High-Risk High Return niche. In the first 9 months after they launched their Forex trading offering, 500% of compounded profit was generated.

This attracted a lot of attention of many investors, considering the catastrophic financial year 2022.

• S&P 500 lost 19.44% in 2022.
• Tesla’s stock closed 2022 with a 65% loss.
• Bitcoin lost over 60% of its value in 2022.
• Gold didn’t do much with 0.23% and wasn’t able to beat the inflation either.

At the same time, we see Daisy AI outperforming all assets, by far. However, there is many skeptics, claiming that Daisy AI might not be real. More than that, Daisy AI is a scam and a ponzi scheme.

In this article we want to discuss the most typical objections people have when hearing about Daisy.

1. Daisy does not have a physical office

Daisy AI is a crowdfunding platform built on smart contracts. It is a so-called DAO (Decentralized Autonomous Organization) that is fully decentralized and doesn’t need a physical office.

However, Daisy AI members are crowdfunding the AI technology of Endotech. And Endotech has a physical office in Israel. Watch the Endotech Office Walkthrough here:

Endotech has a strong track record of developing the AI backbone for over 150 investment firms across the US, Europe, and Asia.

The CEO and founder of Endotech, Dr. Anna Becker, has been recognized as a pioneer and leading scientist in the field of AI and financial technology.

2. Daisy Forex results are unrealistic

Daisy AI Forex trading has crossed 500% compounded profits, only 9 months after its inception. It looks like a huge number. But let’s first discuss what compounded profit means.

Daisy follows the auto compounding strategy. So, whenever there is a profitable trade, your trading balance will be increased. The next trade will be performed based on the new, increased balance. Your profits will be compounded, not weekly, not daily. They will be compounded whenever the trading balance increases.

Albert Einstein once said: “Compound interest is the eight wonder of the world. He who understands it, earns it…he who doesn’t…pays it.”

Let’s have a look at non-compounded profits. How big would the weekly and monthly profit be, if you were taking profits on regular basis?

The above summary the monthly average was 22% and the weekly average was 4.8%. If you were taking profits every week since the inception of Forex trading, you earned 198% in 9 months.

This kind of performance is still impressive, knowing that best forex traders target 5% to 15% per month.

Here is the best part of Daisy AI trading: It is being audited by one the biggest auditing firm, Ernst & Young.

3. Daisy is a Ponzi scheme

Let’s first discuss the meaning of the word “Ponzi”:

A Ponzi scheme is a fraudulent investing scam that generates returns for earlier investors with money taken from later investors.

Source: Investopedia

If you have a look at Daisy’s financials, you will notice that it generated more profit when it collected money.

137M USDT were collected by Daisy Forex. Total profit was 143M USDT at the press release on 10^th January 2023.

According to the definition above, a Ponzi can’t generate more income than initially contributed by members.

These numbers can’t be faked, since all the data is on the smart contract.

4. Daisy pays huge commissions – it’s not sustainable

Daisy AI is using a referral program to attract new members. Network marketing has proven to be the most efficient way for businesses to grow their user base. But it also has a bad reputation, especially in the trading MLM niche. This is no surprise since there is a lot of bad actors in this space.

Bad actors use money from later investors to pay commissions to earlier investors. This is not sustainable, since there is no money left to pay commissions when new investments dry out.

When you contribute to Daisy, a certain amount will be allocated to the referral program. On Tier 1-2 packages, it is 50%, and on Tier 3-10 packages, it is 30%.

This way, Daisy members can see how the referral program is funded. But are the 30% and 50% really used to pay out commissions to members? Definitely, yes, since the smart contract is doing that automatically, and every transaction can be verified on the blockchain.

Whenever you refer a new member to Daisy, you will receive your direct commission of 5% automatically. Whenever your direct partner takes profit, you get a 3.5% residual commission automatically. You don’t have to withdraw your commissions manually.

Also, all the matrix commissions and residual commissions are paid out by the smart contract.

5. Daisy is doing huge events – who is funding that?

Daisy is conducting global events on an annual basis. The first one was called Daisy Disrupt and was held in Dubai in March 2022.

The next event is called Daisy TOLD YOU SO and will be held on 20-21 February 2023 in Dubai.

All attendees will have to buy event tickets and pay for the flight and hotel themselves.

If you think about the bad actors that we described earlier, they would typically pay distributors the full trip to make them join the event.

Daisy sold 2200 event tickets in no time. Early bird tickets were 99$. The highest price was 299$. This is how Daisy funded the venue, which is Madinat Arena, Al Sufouh 1 in Dubai.

Conclusion

Above, we described why we think Daisy is not a scam and not a Ponzi.

This article was written by an independent Daisy affiliate, Eugene Miller.

If you like Daisy and want to join, please follow the steps below.

How to join Daisy

1. Add Tronlink Chrome Extension to Chrome browser or Tronlink app on your phone.
2. Fund your Tronlink wallet with USDT TRC20 to fund crowd funding tiers, and 500 TRX for energy fees
3. Enter referral URL in browser, connect to Daisy smart contract and complete the on screen step to contribute to Tier 1 of Forex or Crypto Log in and fund additional Tiers (optional).

If you don’t have a referral URL, feel free to use this one: https://daisy.global/r/gene76

Follow the following steps to buy your Daisy Tiers: https://joindaisy.global/steps

For help or questions, please join our Telegram group: https://t.me/daisyglobal