A video on the Questra World website identifies Jose Manuel Gilabert as CEO of the company. Other than that, no information bitkingdom bitcoin wallet Questra World’s management is provided.
A corporate address in Madrid, Spain is also provided on the Questra World website. Questra Holdings is listed as the domain owner. Questra World appears to have been initially launched as Questra Holdings in mid 2015. In September 2016 Belgium’s Financial Services and Markets Authority issued a regulatory warning against Questra Holdings. Questra Holdings is not an authorized investment firm or credit institution in Belgium. Moreover, the system proposed by Questra Holdings has every appearance of being of a pyramidal type or at least of a Ponzi fraud. Whether this lead to the Questra World name-change is unclear.
The Questra World Product Line Questra World has no retailable products or services, with affiliates only able to market Questra World affiliate membership itself. The Questra World Compensation Plan The Questra World compensation plan sees affiliates invest in eleven plans, on the promise of an average weekly ROI. 270 EUR and receive an average weekly ROI of 4. 810 EUR and receive an average weekly ROI of 4. 7290 EUR and receive an average weekly ROI of 5. 65,610 EUR and receive an average weekly ROI of 6.
100,000 EUR and receive an average weekly ROI of 6. 250,000 EUR and receive an average weekly ROI of 6. 500,000 EUR and receive an average weekly ROI of 6. Questra World Affiliate Ranks There are eleven affiliate ranks within the Questra World compensation plan. Referral Commissions Referral commissions in Questra World are paid out via a unilevel compensation structure. If any level 1 affiliates recruit new affiliates, they are placed on level 2 of the original affiliate’s unilevel team. If any level 2 affiliates recruit new affiliates, they are placed on level 3 and so on and so forth down a theoretical infinite number of levels.
Commissions are paid out as a percentage of funds invested by affiliates in a unilevel team. If an affiliate is not at that Platinum Director or higher rank, they are paid their applicable percentage. Silver Agent and higher ranked affiliates. The Questra World system begins searching the upline for a Silver Agent or higher ranked affiliate. The first it finds is a Bronze Director. As the full amount is paid out to these affiliates, no coded bonus is paid upline. Interest Free Loan Questra World affiliates at the Gold Director and higher ranks can apply for an interest free loan.