DeFiNatics is an upcoming smart-contract Ponzi scheme owned by Rick Katz.

In his own words, DeFiNatics will launch a smart-contract affiliates can invest in.

According to Katz, speaking on an August 31st webinar, he copied DeFiNatics’ smart-contract “from a smart-contract that’s already working”.

DeFiNatics investment will be solicited in ethereum and made into a yet to be named ERC-20 token.

From there it’s the same old MLM crypto smart-contract Ponzi story.

[4:38]
Jeremiah:
So basically what you’re saying is, as a community, if we understand that once we get this thing going, once the contract launch(es), if we stick together as a community and understand, if we can hold this and compound it for … collectively, we can draw in, so to speak, outsiders into it which will grow it and the value will increase.

So we continue to make money, and then we could actually start siphoning some of those profits … without decreasing the value.

Is that what you’re saying?

Rick Katz:
You know what’s amazing guys, is Jeremiah said all that and he’s absolutely correct.

Returns will be made in DeFiNatic’s token, eventually allowing affiliate investors to withdraw more than they invested.

[13:58] I would suggest you just hang on to your tokens and watch what happens but it’s up to you.

Because It already works. How the compounding works and the potential results of such.

Okay. Well you know what compounding is, you’re buying more. Right? You’re buying more.

So as you’re earning profits… listen, everybody knows what ethereum is right? You all know the value of that token right?

This whole program is designed to get you as much ethereum as you can possibly hold.

The compounding is gonna work like this: The smart-contract right, as… you have to call them tokens cuz that’s what they’re called, but they’re really like bonds. Like corporate bonds. Savings bonds. Right?

So you’re gonna earn interest with these. To compound, all you have to do is reinvest some or all of your earnings into buying more of these bonds.

[21:17] We eventually … will have an option to have automatic compounding.

Katz (right) implies new investors will sign up because the DeFiNatic token value will “go up and up and up”.

[34:28] This thing will pay off for, y’know. The more people we get involved… it’s like, you don’t have to recruit anybody.

Just tell people, “Hey, they’re giving away free money.”

We may not even have to market this thing. People will see on the charts (and ask), “What is this token? Who are these DeFiNatics? What’s going on? It just keeps going up and up and up. Ohhh, I get it. I better get me a few of these coins. What? They’re $10,000 each?”

The ruse DeFiNatics will hide its Ponzi scheme behind is some undisclosed games platform.

Evidently some of the DeFiNatics crowd are familiar with MLM crypto Ponzi schemes.

At [7:28] two DeFiNatics affiliates ask Rich/Rick about “the functionality” of the shitcoin DeFiNatics will launch.

Here’s the non-answer t

🤖 Quick Answer

What is DeFiNatics according to the investigation?
DeFiNatics is a smart-contract based investment scheme owned by Rick Katz, designed to operate as a multi-level marketing structure. The platform solicits investments in Ethereum, converting them into an unnamed ERC-20 token, following a traditional cryptocurrency Ponzi scheme model reliant on continuous recruitment of new participants.

How does DeFiNatics' smart-contract operate?
According to Katz's statements from an August 31st webinar, the smart-contract was copied from an existing operational contract. Investors contribute Ethereum, which generates returns through an ERC-20 token system. Growth depends on recruiting external participants whose investments theoretically benefit earlier investors, characteristic of pyramid structures.

Who founded DeFiNatics and what was his development approach?
Rick Katz owns DeFiNatics and publicly acknowledged re

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