1. Debt swaps
Jo Cook (AKA Jo Crook, Swappy Jo) real name Richard O’Neil Mark DeKoning Merchant Shares (MS Tokens)
2. Rule changes Earning Junction was a “fast” RevShare with multiple levels of ad packs and earnings ranging from 3-10% daily.
Obviously funds ran out rather quickly.
In order to combat this, the admin lowered the daily ROI.
This did nothing to encourage people to deposit as most users just saw this as lower earnings and were not concerned about the stability of a program. Mark then decided it was time to completely revamp the program under a new name, with part of the profits going to EJ, in order to pay old members their full investment.
3. Family Emergency
Nothing but an excuse
Han launched the best RevShare of 2015 “hands down!” or so we thought. Han was active here on PE. The ranks were climbing in Alexa at god speed. Referrals were coming in thanks to the advertising on HQ. It was a solid product. While we had so must trust in him, he started admining for another site (EarningTraffic) and used the same PayPal account there. But then Han started having “personal" issues - a family death. Servers on HQ were at a crawl. Earnings likewise. It’s unclear whether or not he was actually depressed and going through these circumstances but either way he disappeared with our money in two different websites.
4. Admin opens up another program
The admin opens up another site “mid game” running at the same time. That means he’s abandoning the old one.
Han HQRevShare to EarningTraffic
Paul/Biz2Days on MMG (TrafficBoot/KooAd)
5. Admin fails to provide “service” adequately
If basic functions don’t work that means a short lifespan
Triple Thr3at (Ray Scott)
This was the first RevShare of its kind. The name implied what it was all about: triple, meaning three, steps to earn.
1) A subscription fee 2) Ad packs/revshare 3) Newsletter ads
The rules and design of this program inspired a HUGE onslaught of copycats.
It probably could’ve lasted a bit longer, but the advertising (product) didn’t even work.
As most RevShares, you were required to surf 10 ads per day.
However, it was NEARLY IMPOSSIBLE to do so.
Surfing reset on SERVER TIME midnight (EST), rather than a user-based 24 hour clock.
The servers would become overloaded because everyone wanted to maximize their earnings and surf as soon as the clock reset. The site would crash and it would take a few hours, at least, until the traffic slowed down a bit and make it stabilized enough to navigate the website.
The admin decided to then shut off the surfing requirement completely, which means people were earning, but advertisers weren’t getting the views that they paid for.
The newsletter, which was supposed to feature a solo ad, was only sent out twice ever, even though it was supposed to be sent out daily.
Furthermore, there were payment processor issues with PayPal (surprise! surprise!) The admin made a whole video of him calling PayPal and asking for a refund to no avail.
Payment delays were inevitable. The admin developed this rather selfish and angry attitude, saying quote “people aren’t buying ad packs for the advertising...duh!” He made it clear that he built this business for a quick buck and just didn’t care about the product that he was supposed to be selling.
Along with all of this, he changed the subscription fee from monthly to weekly. He claimed that you could NOT receive a cash out unless you paid the subscription fee. If you canceled your membership or failed to renew it in time, your cash out would also automatically be taken out of the queue and canceled.
This was a bullshit rule because some people were waiting for a smaller cash out than the price of the renewal fee. Long story short, the admin had a faulty product and never fixed it.
6. Blame it on the Hackers
Legit DDOS attack or not, programs rarely survive the aftermath of one.
7. Lawsuits, dirty lawsuits
8. Begging for deposits
Uday Nara straight up admitting My Paying Ads was sending out more money than it received.
"People aren't buying the ad packs for the advertising...DUH!" - Ray Scott
9. Daily Earnings significantly drop*
10. Limited Time deals
This was an interesting gamification of investing. You could buy mines and upgrade them. Higher level mines brought in higher profits.
The design looked like something straight from the 90s era of bad web design.
Nonetheless, Ore-Mine was a steady 2% weekly and continued to pay for over a year
The admin was very friendly and active on BitTalk.
The userbase was growing steadily, plans to implement other cryptocoins were in the work, but the admin got greedy and decided to sell special Holiday Mines. These mines offered a very fast mining rate for a limited time.
However, before these mines could even hit BEP, the site was “shut down by a governmental body” aka SCAM!
The photoshop of the certificate of “Seizure” from the United States Global Illicit financial Team was almost as bad as the web design itself.
11. Selective or Delayed Payments
Lack of support or communication
12. Payment Processor Troubles
PayPal catastrophe Charles Scoville from Traffic Monsoon
13. Server Issues & Site Maintenance
Sometimes servers crash or sites need maintenece. Even big sites like Facebook can go down.
But if it lasts anything more than 24 hours, that’s very strange and unusual. Something’s up
Akash Patil (Mighty Shares)
Another Passsive Earner member who even made a cute little anime avatar, as many of us have here. He was very communicative and open to suggestions. The original launch was delayed because he wanted to iron out the kinks and assure everything launched smoothly. In the mean time, he decided to change the ad pack plan based on members’ feedback. He had a big pre-launch sale on ads as well. The site launched and failed - ridden with server issues. He kept members informed on PE and Facebook about the status of the server issues. The servers were never fixed.
14. Admin splurges
Dave Grohl (AdzShareClub)
The former drummer of grunge rock band Nirvana and front liner of Foo Fighters. Oh wait. Wrong Dave Grohl. PayPal rejected this guy’s program after a few days and he promised to refund anyone that invested using PP. Well not only did he decide to take the money and run (and not refund anyone), but he also went as far as to brag about how many adpacks he was buying in other RevShare groups on Facebook. The guy wasn’t even subtle.
*Jo Cook *
Pictures with girlfriend on exotic vacations and fancy restaurants
Ray Scott (Triple Thr3at Marketing) literally posting pictures of him posing with Benjamins
15. Vague Promises
Alex Sengphong (Cheklisting) “real talk” vlogs about the RevShare model. He promised to bring in legitimate income to compensate the “RevShare side of things”. He motivated many to believe in his “vision.” Little did we know his vision was running off with our money and having a nice holiday in the Carribean or some place nice.
Jeremy Rush (Zukul Ad Netowork). Guarunteed referrals.
16. There’s a sketchy software to download
He offered cryptocurrency called" RVCoin”. RVCoin was mined by installing a toolbar in your browser. As long as you had the toolbar installed, you would see ads from advertisers at ATM2You. Each ad would give you a small amount of RVCoin. There was alsi a market for these coins. The price was skyrocketing for a while, averaging 4% profit daily. It then crashed. Hard. At this point, Jeremy offered “insurance” on investments. By paying a 10% fee to your RVCoin purchase, the price you could sell it at would never be lower than the price you bought it at (minus the 10% fee). Regaining confidence, the RVCoin market continued to climb for weeks, long after the site stopped paying. Oh and on top of run ning away with money, the toolbar he got people to install was actually infected with malware and he stole people’s payment processor account passwords then swiped up everything he could from those accounts.
17. They ask to verify your identity
Nick Johnson (Click Intensity)
A solid revshare that stopped payments because of scammers.
He then claimed in order to prevent future scammers from stealing the KYT, that’s Know Your Customer, standards. Coincidentally, the only future scammer in this program was the admin himself. Under KYT, people were required to send very personal documents, including a government issue ID, proof of address, and other sensitive data.
He continued payments for a while, but then ran into “payment processor issues”. After further investigation, by simply contacting the payment processor in question, it was clear that Nick Johnson completely made that up.
Some people say “Nick Johnson” is not even his real name and is just a psedo name with an actor he hired.
He continues to post videos and blogs about how they’re coming back and still going to pay. Lies.
This guy not only stole money, but also people’s identity.
He has copies of personal documents and even some accounts are linked to Google+ profiles.
18. Copy Pasta
Inspiration is one thing but stealing is another. It’s okay to copy (& procrastinaste) as long as you make it your own.
It’s NOT okay to straight up take something someone else made and say you made it.
This shows the admin only knows how to steal and not run a program.
Playing off the hype of the new RevShare model TT3 brought us, this guy decided to make his own clone. He cloned it alright to a tee. Literally, he copy/pasted the script, code, and even content from Triple Thr3at. He went so far as to leave the names of the Triple Thr3at admins in the Terms & Conditions.
19. Pre-Launch It could close before it even opens or soon after
Zukul Ad Network
20. Winter is coming