With the accessibility of the internet, there’s no shortage of people looking to make a buck online. There’s also no shortage of scams. Scammers can be quite adept at reeling in unsuspecting consumers by their promises of making big money fast. At first glance, it can be difficult to sniff out which programs are legit and which ones are merely spouting false claims. Where does PaidNova fall on the legitimacy continuum? Let’s find out.
Table of Contents
Price to join: Free
How is money made: Through referrals and task-completion
How Do Scams Work?
Other synonyms for the word “scam,” include “confidence trick” or “disambiguation.” A catchier word, and one we can all identify with, is “ripoff.” Essentially, they all mean the same thing, and have the same intent, which is to deceive a person into handing over their money in exchange for something that only appears valuable. But not before said person has placed their trust, or confidence, in the scammer. A confidence trick exploits vulnerable people by playing on their naïveté and need. Does PaidNova engage in ploys to rip people off? And if so, what ploys do they use? Here are three red flags I’ve pinpointed right out of the gate, but first a quick summary of how the system works.
The first step you’ll need to complete is to create a PaidNova account, in order to start earning money using social media. Members make money, by referring others to PaidNova, using an influencer link. Every person you refer, that joins via your individual link, translates into money for you. You’ll get paid instantly using PayPal, Bitcoin, checks, or CashApp. The more traffic you can generate, the more money in your pocket, and the more PaidNova makes from ad revenue and sponsorship products. Apparently, that’s how they’re able to pay their members. It seems to be a win/win situation for both the member and PaidNova, but is it?
What I’m wondering is, where are the ads and the sponsored products? Am I missing something, because I’m not seeing them? I would think if ads and sponsored products are the backbone of PaidNova’s revenue, they would be front and center.
PaidNova Red Flags
1. Promises of Big Money Fast
Promises of big money, in a short amount of time, is the number one ploy of companies that aren’t entirely what they seem. It’s a good tactic to suck people in, especially those who may be in a precarious position financially and need to generate cash quickly. It’s amazing how your BS meter can be on the fritz when your need is great. However, it’s not possible to make significant amounts of money quickly, particularly on a consistent basis. Any successful business owner will readily attest to this fact. The crux of the matter is that it takes copious amounts of hard work, motivation, dedication, and time to get a business off the ground and thriving.
Any company or platform that tries to short circuit this process is simply pulling your leg. It may be true that you can make money with PaidNova, but you’re not going to make $300.00 a day. You’ll find this statement on their homepage: “The Only Legit Influencer Network that can make you Rich (with a capital R.) That right there should get your ire up because there is never going to be ONLY one network, in the vast nooks and crannies of the internet, that has the market on profitability.
2. Is The $25.00 Sign Up Bonus Legit And Email Marketing
I highly doubt that everyone who signs up receives a $25.00 bonus. Most systems, similar to this, offer sign up bonuses in the $5 range, making me suspicious of a number that is five times that amount.
Once you’re logged in, you’re taken to the members’ area, or “the place that is going to make you a lot of money?” You are also welcomed to LiteBucks where you’ll be paid two bucks for each person who clicks on your referral link. You’ll receive an additional 10 bucks if they join PaidNova. Wait, what is LiteBucks?
You’re encouraged to share your referral link on Facebook, Twitter, Pinterest, Instagram, and WhatsApp. The screenshot below is what I saw when I clicked on the purple “Share Link” button to the right of the Facebook icon. I can add a comment before sharing to my news feed or story.
There are a variety of tasks you can get paid for, including referring friends, getting clicks, completing surveys, creating YouTube videos, and downloading apps. Each task has a different price point in terms of earnings.
When I click on the button to the right of “Complete survey,” I’m taken to this screen.
I completed the three-question survey and up popped this box where I was asked to confirm my email. When I click “Continue” I will NOW be on someone’s email marketing list. No thanks! So the more surveys I complete, the more email lists I’ll be on.
You can also get paid for sharing promotional posts to social media using your link. Here’s a sampling of the banners you can share:
Take special note of the blue heading at the top of the screenshot that highlights the fact that someone just got paid $770.00 8 seconds ago. That doesn’t make sense. The most you can get paid for completing a task is $50.00, and that’s for creating a YouTube video, which is basically your own personal testimonial of PaidNova, which would be a one-time deal.
Too bad it’s the task that pays the most. Makes me wonder if there’s an ulterior motive, meaning they’re just trying to get a bunch of testimonials for their YouTube channel. Recording and editing videos is no small job. This is obviously a full-time gig if you want to rake in the dough.
Again, note the blue success banner at the top. This time some lucky member got paid $560.00. My question is, how long did it take them to earn that and did they really get paid?
3. Fake Proof Of Payment And Inception Date
I do have to say that the layout of PaidNova’s website is better than most of the platforms I’ve reviewed. That doesn’t mean I recommend joining. Systems like this all seem to make use of fake testimonials and proof of payment information, and I know why they do. It’s because social proof is powerful. All marketers know this. For instance, take a look at the screenshot below. Is it really possible that people are making that kind of money through referrals and completing tasks?
There’s more. Are these proof of payments staged?
Additionally, a quick Google search confirms that PaidNova was registered in October of 2019, not in 2015 as stated on their website. And the fact that they’ve paid over $44 million to over 300K members seems far-fetched.
I’m not discounting the fact that it’s possible to make money with PaidNova, but it’s not going to be a good use of your time, and you’re not going to get rich. It’s not the right business model. Plus, you won’t be learning any marketable skills or have anything to show for your hard work, such as a website full of amazing content, with loyal followers who love reading your articles. If you want to make money on the internet, look for a platform that doesn’t make false promises.
My #1 recommended program is Wealthy Affiliate, a platform that teaches affiliate marketing in a way that is easy to understand and implement. Affiliate marketing is a viable model for making money online, although you won’t get rich overnight, and it’s going to take a lot of hard work. BUT, you’ll learn so much in the process, and have an arsenal of marketable skills to show for it, and eventually an impressive income.
What do you think? Is PaidNova a scam? Let me know in the comments:)