D.AI.SY a.k.a Daisy Global Review

Investors Alert D.AI.SY a.k.a Daisy Global – Regarding registration of issuance, offer or sale of securities/derivatives, and reporting requirements

Introduction to D.AI.SY a.k.a Daisy Global:

D.AI.SY stands for Decentralized AI System, and it is a platform that claims to use artificial intelligence and blockchain technology to provide crowdfunding and trading services to its users. According to its website, D.AI.SY is a “smart contract” that runs on the Ethereum network and allows users to participate in a crowdfunding campaign for a project called EndoTech, which is supposed to be a company that develops AI-based trading solutions. Users can also earn rewards by referring other users to join the platform or trading on the D.AI.SY app.

However, there are many red flags and warning signs that suggest that D.AI.SY is not a legitimate or trustworthy platform. For instance, the ASC has issued a warning against D.AI.SY for violating securities laws and regulations in Alberta, Canada. The ASC stated that D.AI.SY is not registered to trade in or advise on securities or derivatives in Alberta, and it has not filed a prospectus or an exemption from prospectus requirements. The ASC also warned that D.AI.SY may be engaging in fraud or other illegal activities, and investors should exercise extreme caution when dealing with this platform.

Products and Services offered by D.AI.SY:

D.AI.SY claims to offer two main products and services: crowdfunding and trading. The crowdfunding service is supposed to allow users to invest in EndoTech, which is allegedly a company that develops AI-based trading solutions for various markets, such as forex, crypto, stocks, etc. Users can invest in EndoTech by purchasing DAISY tokens, which are the native currency of the D.AI.SY platform. Users can also earn rewards by referring other users to join the crowdfunding campaign.

The trading service is supposed to allow users to access EndoTech’s trading strategies and signals through the D.AI.SY app. Users can also trade on the D.AI.SY app using their DAISY tokens or other cryptocurrencies. Users can also earn rewards by sharing their trading results with other users or by participating in trading contests.

However, there is no evidence or proof that EndoTech is a real or reputable company, or that it has any expertise or experience in developing AI-based trading solutions. There needs to be more information about the founders, team members, or partners of EndoTech or D.AI.SY. Moreover, there is no transparency or accountability about how the funds raised from the crowdfunding campaign are used or managed, or how the trading results are generated or verified.

Financial institution & regulatory license of D.AI.SY:

D.AI.SY does not have any financial institution or regulatory license from any jurisdiction or authority. As mentioned earlier, the ASC has issued a warning against D.AI.SY for violating securities laws and regulations in Alberta, Canada. The ASC stated that D.AI.SY is not registered to trade in or advise on securities or derivatives in Alberta, and it has not filed a prospectus or an exemption from prospectus requirements. The ASC also warned that D.AI.SY may be engaging in fraud or other illegal activities, and investors should exercise extreme caution when dealing with this platform.

In addition, D.AI.SY may also be violating securities laws and regulations in other jurisdictions where it operates or solicits investors. For example, the U.S. Securities and Exchange Commission (SEC) has issued guidance on how to identify and avoid platforms that offer unregistered securities through initial coin offerings (ICOs) or other forms of crowdfunding using blockchain technology. The SEC stated that platforms that offer such securities must comply with federal securities laws and regulations, such as registering with the SEC or obtaining an exemption from registration requirements. The SEC also stated that platforms that fail to comply with these laws and regulations may be subject to enforcement actions, civil penalties, or criminal prosecution.

Trader’s Reviews and Customer Service of D.AI.SY:

There are very few traders’ reviews or customer service feedback about D.AI.SY online. Most of the reviews or testimonials available are from the official website of D.AI.SY or from social media accounts that are affiliated with or sponsored by D.AI.S.Y. These reviews or testimonials are likely to be biased, fabricated, or misleading, as they only highlight the positive aspects of D.AI.S.Y and do not mention any of the risks, drawbacks, or complaints associated with the platform.

Moreover, there is no reliable or independent way to contact or communicate with the customer service team of D.AI.S.Y. The only contact information provided on the website of D.AI.S.Y is an email address and a Telegram group. However, these channels may not be responsive, helpful, or trustworthy, as they may not provide accurate or honest information or assistance to the users or investors of D.AI.S.Y.

How to Safeguard Against Fraudulent Brokers:

Many fraudulent brokers or platforms use blockchain technology or cryptocurrencies to lure unsuspecting or inexperienced investors into scams or schemes that promise high returns with low risks. However, these platforms often fail to deliver on their promises, and instead, they may steal or misappropriate the funds or personal information of the investors, or expose them to significant losses or liabilities.

Therefore, investors need to safeguard themselves against fraudulent brokers or platforms by conducting thorough research and due diligence before investing in any platform that offers securities or derivatives using blockchain technology or cryptocurrencies. Some of the steps that investors can take to protect themselves are:

– Check the registration and regulatory status of the platform or broker with the relevant authorities or agencies in their jurisdiction or country. For example, in Canada, investors can check the registration and regulatory status of any platform or broker with the Canadian Securities Administrators (CSA) through its National Registration Search tool.

– Verify the identity and credibility of the platform or broker and its founders, team members, or partners. For example, investors can check the online presence and reputation of the platform or broker and its founders, team members, or partners through their websites, social media accounts, blogs, podcasts, etc. Investors can also look for independent reviews, ratings, testimonials, or feedback from other users or investors who have used or invested in the platform or broker.

– Understand the terms and conditions of the platform or broker and the products and services that it offers. For example, investors should read and understand the whitepaper, prospectus, contract, agreement, disclosure document, or any other material that explains the features, benefits, risks, fees, charges, rights, obligations, and liabilities of the platform or broker and the products and services that it offers. Investors should also ask questions and seek clarification from the platform or broker if they have any doubts or concerns about any aspect of the platform or broker and the products and services that it offers.

– Avoid platforms or brokers that make unrealistic or exaggerated claims or guarantees about their products and services. For example, investors should be wary of platforms or brokers that claim to offer high returns with low risks, consistent profits with no losses, guaranteed payouts with no withdrawal limits, etc. Investors should also be cautious of platforms or brokers that use aggressive marketing tactics, such as spam emails, cold calls, pop-up ads, etc., to solicit investors to join or invest in their platforms or brokers.

– Monitor and review the performance and activity of the platform or broker and the products and services that it offers. For example, investors should keep track of their investments and transactions with the platform or broker and the products and services that it offers. Investors should also check for any updates, changes, issues, problems, complaints, disputes, or controversies that may affect the platform or broker and the products and services that it offers.

Conclusion:

D.AI.SY a.k.a Daisy Global is a platform that claims to offer decentralized crowdfunding and trading services using blockchain technology. However, there are many red flags and warning signs that suggest that D.AI.SY is not a legitimate or trustworthy platform. The ASC has issued a warning against D.AI.SY for violating securities laws and regulations in Alberta, Canada. D.AI.SY may also be violating securities laws and regulations in other jurisdictions where it operates or solicits investors. D.AI.SY may also be engaging in fraud or other illegal activities that may harm the investors who use or invest in its platform.

Therefore, investors should exercise extreme caution when dealing with D.AI.SY and avoid investing in its platform unless they have conducted thorough research and due diligence on D.AI.SY and its products and services. Investors should also follow some tips on how to safeguard themselves against fraudulent brokers or platforms that use blockchain technology or cryptocurrencies to lure unsuspecting or inexperienced investors into scams or schemes.