Is Bux.to a scam?
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Are you using Bux.to? What do you think?
Here's one opinion from my friend Kenneth Koh:
The story began when one of our LeadsLeap members complain that someone is advertising a scam program called Bux.to in our network. The scam ‘proof’ is given in this website:
http://www.techcrunch.com/2008/03/17/surprise-the-buxto-pyramid-scheme-is-a-fraud/
Because of this, I began my own assessment of this program to find out if Bux.to is really a scam.
For those of you who have not heard of Bux.to, it is a Paid To Click (PTC) program, where you are paid $0.01 for each website you personally view and $0.01 for each website your referrals view.
There is nothing wrong with PTC programs. From business point of view, each click costs the website owner $0.02, $0.01 goes to the member viewing the ad and the other $0.01 goes to the member’s sponsor. If the website owner charges $0.05 per click, which is a good bargain to most advertisers, he will make 60% profit. Good deal.
Before I continue, I probably need to tell you that I’m not a newbie in the PTC industry. To tell you the truth, I run Asia’s largest paid-to-read-email program, with more than 130,000 members. In other words, I know what I’m talking about!
When I study Bux.to’s business model, I found 2 things that make me feel uncomfortable….
to read more, click here :
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David
