So, how much you want to make today? $200? $300? $500? YefMoney has got you covered! You can make as much as you possibly can, even $1,000 or more, per day, just by watching ads. Or that's what the con artists running YefMoney say.
Readers making some money just for watching ads is no new concept. Not at all. Brave browser is based on that concept. What's new in this scam is the amount of money you can earn as a reader. $0.10 per set of 6-ads unit! No time limits, no click-through requirements, no nothing. Just type the 3-digit number for verification, to move to the next 6-ads unit and make another $0.10. If you type fast, and correctly, you can easily make $100 per hour, or more.
But there is more to that. If you were referred by an affiliate of the scam, this affiliate is supposed to be making 5 cents for every 10 cents you earn. That's 15 cents per 6-ads unit, or 2.5 cents per ad.
Let's work the numbers and see why this is a scam.
And first, let's get on the payout. Do you think it would be so easy to get paid hundreds, or even thousands of dollars, for doing nothing - other than typing 3-digit numbers like crazy, that is? Of course not! First, you have to accumulate $150 in personal views (that's typing 1500 correct 3-digit numbers). But that's the easy-to-achieve part. However, this is something you get to discover only when you go to request your first payout.
Once you get those $150 in earnings, you think: 'it's pay-day, baby!' Only it's not! Because to be eligible to withdraw your earnings, you will need to have referred some users to 'the programme'. Not that many. Just 40! Can you bring 40 of your friends to sign-up? You can't. At least not in a day or two. But, you have $150 waiting for you. You can't wait to get 40 sign-ups! No worries my friend. The scammers of YefMoney have got you covered! You can buy, not just 40, but even hundreds of referrals, for just a few bucks! Because other readers have so many affiliates signed up, making them thousands of dollars, that are willing to sell you, the newbie, 70 to 110 referrals for just $9 to $14 in Bitcoin. That's a bargain!
Would you be selling your downline - or even part of it - that is supposed to be making you hundreds, if not thousands of dollars per day, for a few bucks? Keep that in mind.
Let's get back to the ad revenue.
Each ad is costing the advertiser 2.5 cents per view - that is per supposed view, because nobody is actually paying attention. Do you know what this rate looks like in the advertising world? A CPM (cost per 1000 views) of $25. That is regardless of where you live, how old you are etc. Average CPM on Facebook is at about $5. On YouTube varies from $2 to $10, depending on the industry. But advertisers pay 3 to 5 times more to YefMoney. Because? Who knows why!
Maybe because those ads you watch are simply not real. Real ads have some kind of tracking on them, so advertisers know how many views they got, and how many clicks they got. Ads on YefMoney have no tracking whatsoever. Not only that, but they are also hosted and served by YefMoney itself, although there is no way for an advertiser to sign-up with the programme.
Where the scam becomes obvious though, is when you get to do some research on when the domain name was registered. It was just this past January. However, you clearly read on the news sidebar that there have been announcements back in September and October of 2019. That is up to 5 months before the website was created.
All-in-all, the only target is your bitcoin wallet and those $9 to $14 you would pay to get those alleged downline. Only you never get it. You simply lose that pocket money and move on with your life. But if the scammers make it to bring in 100 suckers, that would be $900 minimum. 1000 suckers, that would be $9,000 minimum. Not bad at all.
Don't be one of those suckers. There is no free lunch!
P.S.: There seem to be many other similar scam sites, like AefMoney, YasMoney etc. Stay clear from them too!