The full name of Qubu APP Company is Hunan Qubu Network Technology Co., Ltd., which was established on June 5, 2008, with the legal representative Ye Zhuang and the registered capital of 3 million yuan. At the end of 20 18, "fun step" software spread all over the network, and once ranked among the best in the application download list. 2065438+June 2009, "Fun Step" has been unable to download in several application stores, and its customer service phone has been unable to connect. The business model of "Fun Step" APP was once questioned as MLM.
According to the business model of "Fun Step", a senior player who has participated in virtual currency trading introduced that an APP like "Fun Step" is actually a way to play money: users who enter the market first will buy "candy" at a low price, and then try their best to raise the price of "candy" by buying in large quantities and attracting people, and then sell the candy in their hands at a high price to earn the difference. But if no one takes over later, or if the platform company makes huge profits by selling candy, then all the "empty gloves and white wolves" will eventually become a bubble.
Extended data:
Lawyers remind that it is illegal to invest cautiously in issuing speculative virtual currency:
Zhang Jingyu, a lawyer of Shandong Chenggong Law Firm, said that the "candy" of Qubu Company can be exchanged for goods, or the so-called GHT can be exchanged for cash. It can be said that Fun Step Company endows candy with the property of equivalent, so it can be defined as a virtual currency. At present, there is no institution in China that recognizes the legitimacy of virtual currency. Virtual currency does not have all the functions of money and cannot replace RMB in the market.
In addition, it is worth noting that the registered capital of Qubu Company is only 3 million yuan, while the number of "candy" issued by it is as high as 654.38+0 billion. As a virtual object with value attributes, the company does not have the carrying capacity. On this basis, to speculate on this virtual object, its behavior is the same as that of speculation, only with a different name. If the platform issues and hypes virtual currency in other names, it will also be suspected of fraud, pyramid schemes, illegal fund-raising and other crimes.
In recent years, virtual currency speculation in various names has emerged one after another. Lawyers reminded that virtual currency speculation lacks legal basis and effective supervision mechanism in China, and investors are advised to invest cautiously before relevant laws and systems are perfected.
References:
Baidu Encyclopedia-Fun Step
References:
China News Network-Make money by walking? Query on "Fun Step" Business Model