Everyone wants to be a millionaire without sacrificing too much time. Naturally, anyone offering hundreds daily with a few clicks now and then attracts lots of attention. Does that mean RainMoney is a great opportunity?
Not quite, these “get rich quick” schemes have always been around. They would’ve created countless millionaires by now, yet I don’t see anyone claiming to make millions from these platforms.
That doesn’t keep people from falling for these traps. That’s why I’m here today to review the latest quick buck websites, and today’s topic is RainMoney. If you’ve been thinking about investing in it, you came to the right place.
RainMoney: platform overview
RainMoney sells as an influencer network focused on social media marketing. According to their site, they’ve been around since 2013. RainMoney has grown to almost half a million members and over $30 millions in payments.
They claim the average member makes either $150 daily or $2,000 monthly—I’m always amused by how these websites understand basic math.
It looks like a great offer on the surface, but that’s as far as it goes.
Breaking down these “influencer networks”
My alarm goes off whenever I read “influencer network” on a website presenting a business opportunity. An influencer networks supposedly works by connecting social media influencers with large brands around the world.
They claim to get paid for marketing, and members get paid for sharing the website. Other websites claiming to do the same include Influencer Cash, Clout Pay, and SwagPay.
It might sound logical, but then you notice there are hardly any ads on the website. If they’re not selling ad space, how do they make money? Besides, they’re never as old as they claim.
Quick research on sites like Whois.com proves almost all of them were created back in 2019 or even more recently. Interestingly, many of them were created on the same month—sometimes the same week. It makes you think who might be behind all of them.
The names behind RainMoney
Unfortunately, you won’t find out who’s the owner of these websites. Just like its peers, RainMoney doesn’t list any individual, company, or brand behind its operation. In other words, no one is linked with these sites.
You might argue a desire for privacy is understandable, but just think about it. If you create a website that makes hundreds every day for every member, wouldn’t to be known for it? It would be a revolutionary achievement, so it doesn’t make sense that no one wants to be associated with RainMoney.
You can only contact them via email, but good luck getting a response. Their terms of service don’t make much sense either; they disclose 2 locations in the same document: the US and Australia.
Therefore, we only know one thing about the owners: they don’t want anyone to know they created this website.
The RainMoney process
The website doesn’t go into much depth explaining how you make money from their business. It has the standard explanation in three steps: signing up, sharing to make money, and receiving your payment.
That’s because there’s no ad money in this business. They’re not sponsored by any of the companies they claim. You won’t learn how the business works because it doesn’t; the business they’re selling doesn’t exist.
We can go through each step to explain why it doesn’t work.
Signing up only requires the basics: name and email address. You create your username and set a password, and the last step is to accept their terms and conditions. If you still want to sign up, never do it with your personal email address.
You don’t have to confirm your email like with most websites. The website opens as soon as your account is ready, and you’ll receive a referral link via pop-up; this is what you’ll be sharing. You essentially make money by referring other people to the platform.
If you’ve read reviews for any other “influencer networks,” you know what’s coming. They pay you for 3 different “tasks.”
Firstly, you have the ever-present sign-up bonus, and it’s the same here: $25. Legitimate websites like Swagbucks barely reach the $5 mark. However, these websites have enough money to give you $25 for creating an account.
The second way to make money is a bit more understandable: promoting the platform.
You must share your referral link with everyone you can, and every click is $2; if they sign-up, that’s $10 for you. The second way you can advertise RainMoney is with a YouTube video; you can make $50 for a single-minute video. They even provide tags and descriptions. You just need to give a favorable testimonial.
That’s all fine until you start thinking about it. Most platforms like these pay up to a few bucks for referrals, so RainMoney’s promises are quite unrealistic. Besides, the descriptions and tags for your videos are targeted at teenagers and focus on explaining RainMoney isn’t a scam.
The last way to make money is via the task wall. You can find several tasks and competitions offering up to $30 and crazy prizes. Interestingly, most of these offers require you to pay if you want to compete; you’ll even have to pay them monthly, up to $40, to keep participating.
Other tasks have you completing suspiciously detailed forms with personal information. These don’t cost you money directly, but I’d say they’re more dangerous.
This one is short: you never get paid. If you want to withdraw your money, you’ll have to get 20 clicks on your link. You also need to add 5 referrals to the platform and complete 5 tasks.
Once that’s done, these platforms just deny all your withdrawal requests. You’ll be ignored by customer support (if a single email address can be called “support”), and if you’re particularly pushy, they’ll just block you.
Mind you, most of these platforms let you check how much money you’ve accumulated. That’s just there to get you excited; this money doesn’t exist.
Spotting the red flags of these scams
Ludicrous promises are the best way to spot these online scams. You can’t make money anywhere if you’re not providing value via products or services; this site doesn’t offer any kind of value for anyone.
It’s possible to make money with referrals and tasks, like SwagBucks. However, legitimate websites don’t pay even half of what RainMoney and other scammers offer. The task wall is quite limited too.
In general, you’ll never find anything suggesting they’re able to live up to these expectations.
Terms of Service
This section is full of worrying holes and exceptions. The first one is that they’re in full control of the affiliate program, and there are no guarantees that you’ll even get paid. Specifically, you have to accept they can cancel the program anytime they want without noticing you.
We also have inconsistencies like their main office’s location. As I said, it mentions the US and Australia. Funny enough, a couple of these clones websites also claim to be from Melbourne, Australia.
Finally, you also must agree that RainMoney doesn’t have to compensate you in any way for terminating your account.
Both payment proof and testimonials are completely fake. It’s easy to tailor payment evidence by using test accounts in other platforms or even sending money to your own accounts.
The testimonials are even worse. They follow the same writing style and claims, but that’s not the funniest part. They’ve recycled the same profile pictures from other scam websites. Before you say people could use both platforms, they change the names but not the picture.
Some testimonials even claim they’ve been using the platform even before the domain was registered.
Imposing strict payment conditions isn’t a red flag on its own. Some companies must take precautions, but it becomes important to notice when it comes to these websites.
These restrictions start to make sense once you start to realize what RainMoney really is. Besides, they require you to complete tasks. These tasks usually ask you to spend more money than what you want to withdraw or provide delicate personal information.
Finally, notice how all of these websites repeat the same claims, offers, and even design and style. The easiest way to spot these scams is by how much information they recycle from confirmed scams.
For instance, you’ll find roughly the same testimonials, fonts, terms of service, and payment structures between RainMoney and the other websites I’ve mentioned.
Consequences of using RainMoney and similar sites
You might think there’s little risk if they don’t ask for any money. Sure, we have paid competitions, but they’re optional.
These websites actually make money by selling its members’ information to third-party advertisers (which they never disclose) and anyone interested in it. The more information you provide, the more they can sell; that’s why they ask you to refer more people: they just want to harvest more information.
The best-case scenario would be a lot of spam sent to your email. You might not even be able to unsubscribe from these lists, or you might fail to block senders. However, that’s a lot better than the worst possibility.
You could risk your PayPal account by giving away your email and repeating passwords. Some surveys request your physical address, phone number, and more. Even your bank account might be endangered if you’re not careful enough.
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