Welcome to my PTCShare review. These types of schemes have a pretty notorious history online as ponzi schemes. There has also been several high profile collapses, ie Traffic Monsoon and My Advertising Pays. In the case of Traffic Monsoon, the founder was sentenced to a long stretch in jail.
These schemes run off a couple of assumptions. The first assumption is that captive clicks are worthwhile forms of advertising. I mean… on the surface of it it seems to make sense…you sell ad packs to advertisers. Advertisers make sales and the ad viewers get paid in Bonus Ad Points (BAP). The problem is that for advertising to be beneficial it needs to be targeted to the right audience. The right audience is not a bunch of PTCshare affiliates clicking and viewing ads for the sole reason of earning BAP points. They are NEVER going to care about what the advertiser is selling so the advertisements will always convert poorly. No genuine advertiser is going to pay for that!
But People Are Advertising With PTCShare….WHY?
The only people advertising on PTCShare are other PTCShare Affiliates
So by design PTCShare will have virtually zero retail customers. The vast majority of participants are PTCShare affiliates. According to the FTC that makes PTCShare a pyramid scheme. Worse still is that PTCShare is more than likely a ponzi as well. I will explain why shortly.
Is it a big deal if it is a Pyramid Scheme?
Maybe you just want to make a commissions by getting signups and I get that. Unfortunately it is not that simple because there is one big problem with pyramid schemes. Participants do not have an equal chance of success. The game is rigged. The only way anyone gets paid is if the majority lose. On the other hand, with genuine programs, everyone has a chance to make money. I know that most fail even in legit programs, but at least it is not a rigged game from the outset. Theoretically everybody can make money with legit programs.
The other big assumption is that PTCShare is actually delivering all of the clicks that are being purchased. This is NEVER the case with Advertising credit schemes. In reality, advertisers are only getting a fraction of the clicks that they are paying for. With Traffic Monsoon, auditers discovered that only 10% of clicks were genuine. The money flowing down from the advertisers was just funds from the ad pack investors and not from any real profits being made from the advertisements themselves. Even without being audited you can safely assume that PTCshare is doing the exact same thing and thus is also a ponzi scam. Anyway let’s get on with the review.
But first, for those of you that want to make honest money check out this for a legitimate way to make money online.
PTCShare Review – Summary
Key Figures: Marc De Koning
Product Type: Advertising Credit Pyramid Scheme
Summary: To earn, exchange bitcoin for BAP points
From there you buy advertising packs with the BAP Token. People will click on your ads but it’s really only PTCShare affiliates trying to earn more BAP tokens.
These types of schemes never last. Let’s pretend that the BAP token doesn’t free fall as soon as it’s listed. Then you got to worry about the regulatory bodies. Pyramid schemes and Ponzi schemes never last. Then you have the fact that it’s impossible to deliver all the clicks being purchased. Then you have the issue that the only profit is coming from new investors and not profits from the ads which are useless. This will IMPLODE!
I will be avoiding like the plague.
Verdict: You don’t want your name associated with this one.
What Is PTCShare?
PTCShare is an ad credit scheme. On the surface, they are selling traffic to advertisers but lets be honest…that is not really what is going on with PTCShare. Not all traffic is equal and the PTCShare traffic just doesn’t add up. If you force people to view your ad, they will reject your offer. You need to be targeted but you simply cannot pay them to watch ads, it just doesn’t work. There is no way that they can even supply the amount of clicks that are being bought within the scheme. Typically with these schemes only 10% of traffic is even being delivered and that 10% is useless to everybody except the eager affiliates who are earning BAP points out of the deal.
These types of schemes never last so you end up back at square one. With a legitimate program, it might take you 6 months to break through, but you will earn much more over a longer period and you won’t have to keep starting over. If you want to replicate what I did, check my top way to make money online.
For every $1 ad you buy, you earn $1.18 in BAP points.
Earn BAP by VIEWING Ads
Earn up to $1 worth of BAP for every ad viewed.
7% of every ad pack purchase made by your team.
Ad Click Commissions
Earn 3% for every click that your referral makes on the ads. 3% of what exactly is unknown.
What I Like About PTCShare
Maybe Just Maybe You Could Get A Sale From This Traffic
As unstable and shady as this scheme is, I just started getting some ideas about how I could make it work for me. Like you could just use it with an optin to gather lead email addresses. All the while earning BAP points. I would never join this though.
Very Easy To Promote
People really get into these schemes. Its kind of like playing a video game. After a while you get addicted to watching the numbers on the screen. You think it’s real after long enough. The point I am making is that this scheme would be very easy to promote.
What I dislike about PTCShare
It Is A Copy Of Other Ad Schemes, none of which were long term
I prefer stable and long term income but many people seem to be the opposite. If you want to see how this scheme will end just look at every other ad credit scheme. They all collapse after a short time. They are unsustainable. Prior to PTCShare Marc De Koning ran a virtually identical scheme called Paidverts:
The Traffic NOT Be Delivered
It is not possible for PTCShare to actually deliver the clicks being purchased, not that it really matters. I mean the ads are not purchased for the traffic, they are just purchased to drive funds into the ponzi.
Unlicensed Security AND A Ponzi
As for being an unlicensed security, it won’t really effect PTCShare. They will have collapsed before the SEC even notices them. This program was never intended to be long term. The real problem is due to it being a ponzi. I have written a lot about how ponzis ruin lives. That is really my biggest problem with PTCShare.
The Real Deal With PTCShare
I would be embarrassed to promote this. It will be a distant memory shortly after launch. I expect it to collapse in 6 months to a year.
No Thanks! I give it a D rating
The Prelaunch Inspector
How I Make A Living
I have developed a strategy using a legitimate affiliate program that allows me to hangout at home with the kids all day.