Warning Investors 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 a.k.a Daisy Global is a platform that claims to offer decentralized crowdfunding and smart contract solutions for various projects. According to its website, D.AI.SY stands for Decentralized AI System, and it is powered by Endotech, a company that provides artificial intelligence and algorithmic trading services. D.AI.SY claims that its users can participate in the crowdfunding of Endotech’s projects and receive rewards in the form of DAI tokens, which are pegged to the US dollar. D.AI.SY also claims that its users can benefit from the performance of Endotech’s trading strategies, which are executed by smart contracts on the blockchain.
Regulation and Compliance Of D.AI.SY:
However, the Alberta Securities Commission (ASC) has issued a warning about D.AI.SY’s registration and reporting requirements. According to the ASC, D.AI.SY may be engaging in activities that trigger securities law obligations, such as issuing, offering or selling securities or derivatives, or operating as an exchange or marketplace. The ASC states that D.AI.SY has not filed a prospectus or obtained an exemption from prospectus requirements, nor has it registered with the ASC or obtained an exemption from registration requirements. The ASC also states that D.AI.SY has not filed any reports or provided any information to the ASC as required by securities laws.
The ASC warns that investing in platforms like D.AI.SY involves high risks and may result in significant losses. The ASC advises investors to exercise caution and do their due diligence before investing in any platform that claims to offer decentralized crowdfunding and smart contract solutions.
Customer Support Offered by D.AI.SY:
Customer Reviews Of D.AI.S.Y:
There are mixed customer reviews of D.AI.S.Y on the internet. Some users claim that they have made profits from investing in D.AI.S.Y, while others complain that they have lost money or encountered technical issues with the platform. Some users also accuse D.AI.S.Y of being a scam or a Ponzi scheme that uses fake testimonials and misleading marketing tactics to lure investors.
Measures to Avoid Fraud Brokerages:
The ASC recommends that investors take the following measures to avoid fraud brokerages:
– Check the registration status of any person or company offering an investment opportunity using the Canadian Securities Administrators’ National Registration Search tool at www.aretheyregistered.ca.
– Be wary of platforms that promise high returns with little or no risk, or that claim to have a secret or exclusive strategy.
– Be cautious of platforms that operate outside of Canada or use offshore accounts, as they may be difficult to trace or recover funds from.
– Be skeptical of platforms that pressure you to invest quickly or use aggressive sales tactics.
– Read and understand all the terms and conditions, fees and charges, risks and benefits of any investment opportunity before investing.
– Seek independent advice from a qualified professional before investing.
D.AI.S.Y a.k.a Daisy Global is a platform that claims to offer decentralized crowdfunding and smart contract solutions for various projects. However, the ASC has issued a warning about its registration and reporting requirements. Investing in platforms like D.AI.S.Y involves high risks and may result in significant losses. Investors should exercise caution and do their due diligence before investing in any platform that claims to offer decentralized crowdfunding and smart contract solutions.