Stitcher for Podcasts

Get the App Open App
Bummer! You're not a
Stitcher Premium subscriber yet.
Learn More
Start Free Trial
$4.99/Month after free trial

Show Info

Episode Info

Episode Info: 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. It included 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 ...
Read more »

Discover more stories like this.

Like Stitcher On Facebook


Episode Options

Listen Whenever

Similar Episodes

Related Episodes