QNET is Neither a Ponzi nor a Pyramid Scheme

The internet is full of people who claim that QNET is a scheme, using schemes like Ponzi or Pyramid to solicit people. However, these allegations have never been proven true. The Hong Kong-based direct selling and MLM company has always based its activity on integrity and ethics. Vijay Eswaran and Joseph Bismark created the company in 1998 after an American company played them. They were the ambassadors of the company in the Philippines, utilizing a team of 2000 people. The American company suddenly abandoned them, leaving them in liabilities. Therefore, when they created the company, then GoldQuest, they sorted to put integrity first. GoldQuest gained massive growth, and it was renamed to QuestNet and later QNET due to the emergence of e-commerce. Currently, the company operates in more than 33 countries.

QNET either sells directly to its customers or uses Independent Representatives (IR) to sell. Either way, the company makes a profit. Also, the IR makes profits by being given a commission on the products and services. Emerging markets like the Middle East, Asia, and Africa have been among the best markets for direct selling companies. The idea is to introduce a straightforward selling strategy to markets that have not been exposed. Therefore, those startup entrepreneurs interested in entering the market find this kind of marketing scheme ideal for them.

It is wrong to associated QNETScam with either Ponzi or Pyramid Scheme. The company used direct selling and MLM to sell its products and services. With a Ponzi scheme, a company receives cash from new investors and pays old investors. On the other hand, the Pyramid scheme relies on the entry of new investors to make the old investors richer. However, the direct selling company records the actual selling of products and services. In the process, it earns profits. Also, it provides training to its IRs, an experience they can later use to venture into other things. Website: http://qnetscam.com/