Quantum AI is an automated cryptocurrency and stock trading platform, which according to a video on its website, was allegedly created by Elon Musk.
Reviews on how it works are mixed. We will try to understand more.
Quantum AI, what it is and how it works
We have seen in many of the articles previously published on The Cryptonomist that the web is full of automated cryptocurrency trading platforms. What they all have in common is that they promise amazing returns for a minimum investment of €250 or $250. Examples are Bitcoin Evolution, Bitcoin Revolution, Bitcoin Compass, Bitcoin Superstar, Bitcoin System and so on.
Quantum AI also promises more or less the same thing, but on the surface, it seems to be less brazen.
Quantum AI claims to run on the power of quantum computers. In practice, Quantum AI systems process thousands of decisions simultaneously and manage to make the best choice for clients’ investments. This is quantum computing, they explain on the website.
The platform works even when the markets are closed and promises to deliver immediate gains.
To use it, all it takes is to register, deposit at least 220 euros, choose the operations to be executed by the platform, and withdraw funds in a few hours. Wonderful, isn’t it?
What isn’t convincing
There are several aspects of Quantum AI that are not entirely convincing. First of all, the domain of the site is not Quantum AI. On closer inspection, it looks like a redirect. While browsing, visitors are literally hounded by banners inviting them to sign up.
There is nothing to indicate who is behind the platform, which company, where it is based. There is no menu either. There are social icons, but they are not clickable.
The commercial with Elon Musk
But the really curious thing is that the site features a video with Elon Musk presenting this system, a platform on which he says he spent $3 billion designing it.
In fact, the video is curious because the shot is so far away that it is impossible to distinguish Elon Musk’s facial features. To be fair, the voice is also much louder than that of Tesla’s CEO. In short, it doesn’t sound like him at all.
But that’s not all. At the end of Elon Musk’s presentation, a blond guy in a suit who doesn’t introduce himself, and whose name we don’t know, says that Quantum AI has hired the best engineers from Facebook, Apple and Google to build this quantum intelligence system, which the CEO of Tesla stubbornly wanted.
This is followed by testimonials from people who say they got rich from Quantum AI. The thing they have in common is that no one introduces themselves with full name, but they all talk about a certain Daniel who convinced them to use this platform.
Quantum AI, is it worth it?
Quantum AI seems to be an evolution of other automated Bitcoin trading software that use famous testimonials. In this case, Quantum AI does more than that: it presents itself as a project of Elon Musk, who actually does not appear to have anything to do with the platform.
This is reason enough to stay away.
For those who can’t resist, just read the reviews on sites like TrustPilot, from the most positive to the most critical, to get a good idea of how an investment with Quantum AI might evolve.
Finally, there is one rule to never forget. If something is too good to be true, it probably isn’t true.