My24HourIncome -Is It A Scam? Reviews: My 24 Hour Income Review?

My24HourIncome -Is It A Scam? Reviews: My 24 Hour Income Review?

It is possible that you see the buzz of My24HourIncome around the internet and thought maybe you should join. Before joining, though, you figured you’d do a search and read some reviews to determine whether My 24 Hour Income is a legitimate income opportunity or just a revenue sharing scam like some of the others.

My24HourIncome’s domain name (“my24hourincome.com”) was registered on June 27th 2016 by Derek Burton out of Ontario, Canada. He is known as “Drew”, though, to us..

Drew Burton is obviously “the man with the plan” who had the idea for putting this program together.

I’ve seen Drew a lot in rev share industry doing videos and such – he is pretty popular and is pretty much at the top of whichever revenue share programs he gets involved in.

It is only a natural progression for a successful affiliate to figure out a way to advance him or herself.  Drew figured he would try to start HIS OWN rev share opportunity instead of just promoting others (not having any control over whether they remain open, or not).

Many rev shares are not run properly and seem like scams to the general public – they can’t figure out a way to grow without bringing in new affiliates. So it is always a great indication of realness when somebody who is well-known as an affiliate comes out and says “hey, I have a better way to run a rev share company”. People are flocking to this opportunity because many already know, like, and trust him.

What Are My24HourIncome’s Products – If There Are Any

My 24 Hour Income offers ad packs to their affiliates – like all of the other revshare sites – but also offers members the ability to sell affiliate products through their back offices.  This addition of affiliate products for sale is pretty much unheard of in the revenue sharing industry, as most sites typically only offer ad packs internally to their membership, and have literally no other retail products.  My24HourIncome is going in the right direction to step-up the legalness of their opportunity.

It appears that the vast majority of revenue generated will come from member adpack purchases – this is NOT a bad thing. The problem is, the United States government sucks when it comes to deciding what is a classic ponzi scheme or not.

You see – the fact that it is adpack purchasing that makes the program progress, in itself, isn’t a problem.

The question to ask IS THIS:  Does it require new members to come in and buy these adpacks.. or is it OK if the same members keep re-purchasing ad packs out of their commissions that they earn in the system?

You see – there is a BIG difference there. Needing Ad Packs to be bought isn’t the problem. It is the reliance on NEW people to buy them, that makes a program a ponzi.

When the world begins to understand that difference.. it will be a much nicer world here in the online space.

Let’s See The My 24 Hour Income Compensation Plan – Is It HOT?

My24HourIncome offers 3 different advertising packages as follows:

Adpack 1 (one)- Cost: $5

Matures at 110% at 1.8 to 3.8% daily cap. Gives 75 business directory ads, with 12% referral commission to your sponsor.

Adpack 2 (two) – Cost : $15

Matures at 115% at 1.8 to 3.8% daily cap. Gives 200 business directory ads, with 12% referral commission to your sponsor.

Adpack 3 (three) – Cost: $35

Matures at 120% at 1.8 to 3.8% daily cap. Gives 500 business directory ads, with 12% referral commission to your sponsor.

Adpack 4 (four) – Cost: $75

Matures at 130%. You can purchase unlimited. It gives you 1200 business directory ads, with 12% referral commission to your sponsor.

Conclusion Of My24HourIncome Rev Share Opportunity

Some of the other reviews I see online about My24 (this is what we call it, for short) are only written to drive traffic to some other website or program. They simply use a pattern and re-create almost the same “review” or “scam” keyword page so they can try to rank at the top of Google when people are only trying to learn more about the program.. not to be sent somewhere else..

My24HourIncome is MAJOR a step-up from almost all rev share opportunities, and I don’t see any red flags at all. This could easily be a long-term opportunity – the one you were looking for.

Although the biggest issue is that the My 24 Hour Income business model is considered a ponzi scheme by the SEC (Securities and Exchange Commission) still – it is only because they have YET to understand that nobody is getting “ripped-off” and that every single person was there to purchase advertising services and did NOT see it as an investment. Not only this – they are flat-out reminded of that on the page where you go to make your purchase of ad packs.

In the My24HourIncome FAQ’s, you can find the following question and answer:

Is my24hourincome.com considered a scam or Ponzi scheme or an Illegal online business?

“NO. Any program that claims a ROI but has NO PRODUCT IS A SCAM! But my24hourincome.com Advertising Platform
sells ADVERTISING SPACE! Just like a Billboard or a commercial on television. In order for any program to be legal, it is
required to supply a service and/or product to you, the member! Here at my24hourincome.com, we sell traffic which is
our basic product. All members that purchase ad packs will get Traffic exchange credits and guaranteed banner clicks.” – My24HourIncome

These people aren’t “investors” when they buy advertising services. On top of this, their profits are NOT funded through new “investor contributions” – so My24 does not operate as a classic Ponzi scheme.

 

Important GetMyAds Member News Info – Read Carefully, Inform Customers/Affiliates About Updates

Hello GetMyAds member,

today we have some important news for you and we would like to ask you to read this email very carefully and also inform your customers and affiliates about these recent updates.

1. Technical update this week

2. Premium Partner Program basic info

3. Content on the internet about GetMyAds

4. Credit Card Payments

1. Technical Update this and next week

We will have an important technical update in the background this and next week and it might cause small, temporary issues in the back office. There will be no data lost, even if you see numbers or information that are not accurate inside your dashboard. Please don´t contact our support. We will update the accurate details and numbers as fast as possible if the update has any affect on the numbers and information you see in your back office. In most cases you will not recognize the updates at all.

2. Premium Partner Program basic Infos

Together with the major update we are also testing a version of the Premium Partner Program in a Beta Version with a few leaders.

We are planning to give customers with 500 and 750 a limited access to the Premium Partner Program and an unlimited access for customers with more than 1000 active Tokens.

The Premium Partner Program will be more connected with direct campaigns in GetMyAds with a high probability of much better results. We don´t make any promises about the expected results but from our experience we are convinced that everyone will be amazed by the outcome. A Token will cost the same but to maximize the results, it will pay less Affiliate commissions then on a regular Token. All Details will follow within the next 4 weeks but we are excited that we can finally announce that the Premium Partner Program is in progress and will be ready soon.

3. Content related to Investments on the Internet

VERY IMPORTANT: Many Affiliates promote GetMyAds as an investment through Videos on Youtube, Websites, Blogs and on various Social Media platforms.

If you have any content that promises any percentage per day/month/year or calculators or anything that could make GetMyAds look like an Investment Program, you have to remove the respective content from the internet.

We are putting a team together of specialist researchers who will search for exactly this kind of content and any GetMyAds accounts that violate our rules has to calculate with consequences and in worst case with the suspension of the account.

Please review all your websites, videos, blogs and social media posts and remove anything that could make GetMyAds look like an investment! Content about Advertising, Affiliate Commissions, Business Opportunity, real Testimonials and Reports are abosolutely fine and welcome!

This is a serious matter! If we are not absolutely strict about it, our great business could get in trouble. We have to do everything to avoid that.

Keep in Mind: We are selling traffic and get paid as affiliates. Anything else you earn is a bonus and you can´t make any promises on this bonus.

4. Credit Card Payments

We are facing many Credit Card fraud transactions from Europe at the moment and our processing company raised the transaction fees due to that issue. We are trying to raise the security standards to avoid even higher fees but it will take some time to develop it.

If you use a Credit Card to buy token, there will be an extra service fee of 6% charged.

We strongly recommend to use the other payment options – they are all free of charge and without any fee. Wire Transfer, BitCoin and Payeer are working worldwide. Sofort-Payment works in most of the european countries – and they are all free of charge.

Have a great day

Your

GetMyAds Team