DDK operating in the cryptocurrency niche has nothing much to offer. The DDkoin has no worth outside the platform and investors can only invest in looking at the price rise in the future which well, is nothing more than a gamble.
The company is started by a couple, husband and wife. The website has their names: Datuk Azrainuddin Zainal who is also known as Arai Ezzra and Datin Nur Ezdiani Baharoddin. They are the co-founders of the company. One more name that is associated with the company is of their CEO, Nurshuhada Zainal.
These people are from Malaysia. This is what their digital record says. As per the Alexa estimates, the maximum percentage of traffic is coming to the website from Malaysia, Brunei, and Indonesia making up to 83%.
However, the website says that the company is bound to the Singapore rules and regulation. Isn’t that hard to believe. I believe that the company has a few of its shell corporations set up in Singapore. But I doubt if they have any physical existence in Singapore. Moreover, they have not mentioned any address on the website.
The interesting fact that I found from their own marketing papers is that the same people launched DinarCoin a few years back in 2015. As with this DDKoin, DinarCoin was only tradeable internally and collapsed soon as the recruitment froze.
Looking at the products, there is nothing to offer apart from the affiliate program. The membership ccomesfree of cost. This means anyone can join the affiliate program. Also, there is no minimum fee mentioned on the website. However, the one investing a minimum of 10 DDKCoin becomes a delegate and their income potential surges as well.
DDK – The Compensation Plan
There is no use of DDKoin outside the platform. It is only a measure to check how much an affiliate has invested. The investment is made in the promise of huge ROI.
Also, the coin is not tradeable, and the company can set any value to the coin with their internal exchange. However, there is no mention of any value at the moment.
The company encourages investors to park their coin in the platform for making higher ROI. The ROI is paid out at the following rate:
- 10% is paid by the company over the first 12 months
- 8% is paid by the company over the next 6 months
- 6% is paid by the company over the next 6 months
- 4% is paid by the company over the next 6 months
- 2% every 12 months thereafter
Apart from this, those investing 10 DDK coin earns the title of a delegate. Once becoming a delegate, an affiliate starts earning come percentage from the transaction fees which are paid to the DDK by other affiliates.
DDK – Referral Commission
The referral commission is paid for recruiting the affiliates personally. For every recruitment, 10% commission is paid to the affiliate who recruits the new affiliates.
DDK – Residual Commission
The company uses a uni-level compensation structure to pay referral commission to the affiliates. In the uni-level compensation structure, an affiliate is placed on the top. The personally recruited affiliates are placed directly under the recruiter.
For example, an affiliate recruited by the top affiliate is placed on level 1. The affiliate recruited by the level 1 affiliate is placed on level 2, directly under the recruiter and so on. The ROI payment is done till 15th level.
The funds collected by the new affiliates are used to the pay the existing ones.
- Level 1: 5%
- Level 2: 3%
- Levels 3 & 4: 2%
- Levels 5 till 7: 1%
- Level 8: 0.9%
- Level 9: 0.8%
- Level 10: 0.7%
- Level 11: 0.6%
- Levels 12 till 15: 0.5%
DDK – Reviews
Dennis Harri: Couldn’t take up this shit for more than 4 months. Too many reasons to jot down here. Completely useless.
Dani: Fake and Scam. Stay away from these cheaters or your money will be wasted. Just like mine.
The Conclusion from the above Reviews
The company reviews are saying it all. It is not a trustworthy company and investing in this company can make you lose all your investment.
The company has nothing new to share. It’s the old Ponzi Scheme plot which does not end well. DDKoin has no value outside the platform. The company’s internal exchange is free to put the price tag on the coin through its own universal internal exchange. How can one trust the company?
Above all, the funds collected from the new affiliates are used to pay the existing one. What when at some level the recruitment will freeze? Soon after that, the ROI will stop as well. Hence, you can consider it a plain Ponzi Scheme.
Those joining at the start would be able to make some profit, but the majority of the investors will suffer great loss. People can even lose their entire savings in MLM schemes like these.
Hence, if you are thinking of investing in this company, think twice. These guys are not completely transparent about their whereabouts and the way they operate. Putting some names on the website does not make the company a legit cryptocurrency company.
Once the system will collapse, these guys would be the first to take the straight road. So, beware of these people and this company.