Streakk operates in the cryptocurrency niche. The company is headed up by founder and CEO, Suki Chen.
Suki Chen’s actual name is Sukijami Chendrawan. He is believed to be an Indonesian national.
According to Chen’s Streakk bio, he’s a “seasoned entrepreneur with (a) proven track record”.
Chen’s LinkedIn profile details an early education and life insurance background. He then held a brief executive position with Odem, before the usual string of failed blockchain bro projects.
Chen appears to have reinvented himself as a blockchain bro circa late 2018.
With respect to Streakk, Chen’s LinkedIn profile represents it launched in 2019.
This is baloney. Streakk’s website domain wasn’t registered until May 21st, 2022. Streakk didn’t exist prior to May 2022.
According to his LinkedIn profile Chen, and therefore Streakk, are based out of Dubai.
Streakk’s website also provides contact details for an office in Singapore. How much of a physical presence Streakk has in Singapore is unclear.
Dubai is the MLM crime capital of the world
. Any MLM company operating out of or representing ties to Dubai raises an immediate red flag.
BehindMLM’s guidelines for Dubai are:
If someone lives in Dubai and approaches you about an MLM opportunity, they’re trying to scam you.
If an MLM company is based out of or represents it has ties to Dubai, it’s a scam.
If you want to know specifically how this applies to Streakk, read on for a full review.
Streakk’s Products
Streakk has no retailable products or services.
Affiliates can only market Streakk affiliate membership itself.
Streakk’s Compensation Plan
Streakk affiliates invest cryptocurrency on the promise of advertised returns:
invest bitcoin and receive 7% a year
invest ethereum and receive 10% a year
invest tether and receive 14% a year
invest binance coin and receive 15% a year
invest cardano and receive 15% a year
invest polkadot and receive 16% a year
invest STKK (Streakk’s in house token) and receive 20% a year
invest MATIC and receive 15% a year
Note that although Streakk advertises annual return rates, returns are paid weekly.
Streakk’s marketing suggests the minimum investment amount in any cryptocurrency is a $100 USD equivalent. $200,000 USD appears to be the maximum investment amount.
In addition to direct cryptocurrency investment, Streakk affiliates can also invest in node positions.
Shared Node – invest $100 or more for 7 years and receive 2% a week, paid in STKK tokens
Dedicated Node – invest $5000 or more for 7 years and receive 5% a week, paid in STKK tokens
Dedicated Node Pro – invest $25,000 or more for 7 years and receive 8% a week, paid in STKK tokens
Streakk’s marketing suggests an additional 2% a week is paid out:
What this is paid out on or how is unclear. Also note that, as per the Streakk marketing slide above, STKK returns are locked for 100 weeks (meaning you can’t actually withdraw them for almost 2 years).
The MLM side of Streakk pays on investment by recruit
🤖 Quick Answer
Who is Suki Chen and what is his role at Streakk?Suki Chen, whose full name is Sukijami Chendrawan, is an Indonesian national and founder/CEO of Streakk, a cryptocurrency company. His professional background includes early experience in life insurance and a brief executive position at Odem before transitioning to blockchain projects around late 2018.
When was Streakk actually founded?
Streakk's website domain was registered on May 21st, 2022, indicating the company's actual establishment date. This contradicts claims in Chen's LinkedIn profile suggesting a 2019 launch, making the earlier founding date inaccurate.
What discrepancies exist regarding Streakk's founding timeline?
Chen's LinkedIn profile claims Streakk launched in 2019, but official domain registration records show the website was registered only in May
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