Cryptocurrency is taking the world by storm, as there are more 1,600 different cryptocurrencies in the market today and the figure is still growing.
One such cryptocurrency that is trying to be a part of the already long list of cryptocurrencies in the market is Ads Cash.
It is an aspiring cryptocurrency that aims to be the main currency used in the advertising world. The developers want their cryptocurrency to be the main mode of payment used for online advertising.
So what’s in it for you? Well, Ads Cash has several compensation plans that will allow you to make some money. The amount of money you make, though will depend on a lot of factors, so it’s hard to gauge its value.
But is this really a legitimate cryptocurrency that will really make you money or is it just a scam?
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Ads Cash is a Scam that You Should Avoid
Ads Cash is a cryptocurrency that is aiming to be the main currency used for online advertising transactions worldwide. The company uses the ethereum blockchain as a way for people to do business and trade.
This cryptocurrency also has a compensation plan for its contributors. But it will require an investment on your part first.
Now, it’s really hard to label Ads Cash as a legitimate opportunity, since their homepage doesn’t really say anything. It’s only when you sign up will you see a lot of the details about them and how you can earn.
Based on research, though, it seems like Ads Cash is a scam, as your earning potential will rely heavily on how the market will value the tokens that the company pays you.
Yes, you will be paid with Adscash tokens, which doesn’t really have any value yet outside of the Ads Cash website.
Research has also showed that they are part of the group known as Click Intensity, which is a scam site that doesn’t pay its members. So this alone is a big red flag already for the website.
As this review progresses, you will learn more about Ads Cash and see why this is a scam opportunity that you should stay away from and why it is hard to determine the monetary value it can give you.
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Who is Ads Cash Made For?
Ads Cash is designed to be used by advertisers and publishers as their currency when they are doing advertising transactions.
Advertisers would pay with Adscash tokens for the advertising fee to the publishers. The publishers could then sell the tokens in the exchange market to monetize it.
The company is saying that using Adscash is more beneficial than using money for transactions, as it is more secure, transactions are instant, it is decentralized, and it’s a global form of payment.
Of course, to properly launch Adscash in the market, the company would need investors and that’s where you would come in.
The company is offering several compensation plans for you to earn with Ads Cash. But again, the payment you will receive will be in Adscash tokens, which has no monetary value yet in the market.
Based on their website, Ads Cash is still in the process of circulating Adscash tokens in the market, and they are not yet halfway there.
But if you look at the life cycle of the Ads Cash blockchain, it should have already been accepted internally within the advertising community by March 2018.
The only way to get more information about the company is to register, which is free to do so. It won’t require you to make an investment when you sign up.
How Do You Earn with Ads Cash?
Ads Cash advertises three ways for you to earn with the cryptocurrency. But understand that the earnings you will be receiving are all in the form of Adscash tokens.
The first way to earn is to buy the tokens at a low price and sell them at a high price. The company is using the success that Bitcoin had as an example of what their token could achieve.
They are encouraging people to buy it now, while it is still low, and just sell it later on when the value of the token rises. But this is not guaranteed, you are basically being asked to invest on the Adscash token’s potential.
And with the way things are looking, it seems like it doesn’t really have much potential, no matter what the company says.
The other compensation plan is through their referral system, where they offer up to 7 levels of earning potential. This means you can earn from the referrals of your referrals, up to 7 levels.
Your direct referrals will earn you 10% of coin sales, while the next level will earn you 4%. The lowest you can earn is in level 5 and 6 at 1%, as level 7 referrals will earn you another 4% in coin sales.
The only problem here is that you will first need to be invested to earn from your referrals. You will need to invest at least $25 or the beginner’s pack to earn from your direct referrals.
To earn from your level 2 referrals, you will need at least 1,000 Adscash tokens. The number of tokens you earn will keep on increasing to as the level of your referrals grow.
To earn from your level 7 referrals, you will need to own 2 million Adscash tokens. The current price they have for the token is $0.25. So 2 million tokens will mean you need to spend $500,000.
Ads Cash has a minimum withdrawal requirement of $25 or at least 100 Adscash tokens. It’s not mentioned on the site, though, how they will pay your money. But I’m assuming it will be via PayPal.
The last compensation plan they have is called the Adscash Royal Pool where you will be rewarded with more tokens, based on the level that you are qualified to earn.
When Ads Cash launch the Adscash Blockchain, a predetermined percentage of the tokens mined will be placed in the Royal Pool. The coins placed here will be divided equally among the 7 levels.
For each level that you are qualified, you will get 1 share in the Royal Pool. So the more levels you are qualified, the more shares you will have and the more coins you will get.
From the looks of it, you can see that Ads Cash is using a multilevel marketing system for its main compensation plan.
However, since Ads Cash is not really selling any product or service, except for the potential of their token when it launches, this system is more of a Ponzi scheme.
The money that the company will pay their investors will be coming from the money coming in from other investors as well since the token doesn’t really have any value yet in the cryptocurrency exchange market.
This is not a sustainable way for Ads Cash to keep the business alive, let alone pay its investors the money they are promised for purchasing tokens and referring people.
The one-page promotion of what Ads Cash is supposed to be is just a front to attract people to register.
Then the promise of getting high returns for investing also seems like just a way to convince people to pour money into the company.
If you look at their supposed timeline, they are already way behind their schedule, since this cryptocurrency has yet to have any real value outside of Ads Cash.
People who are promoting the tokens and are saying that the value is already rising are blatantly lying about it just to attract more investors.
What I Liked about Ads Cash
After learning more about Ads Cash and what they offer, let’s talk about if there’s something to like about the cryptocurrency.
- There’s really nothing to like about what Ads Cash offers since everything is just a lie right from the start. They will entice you to register and invest with their promise that the cryptocurrency could rise in value once it launches. But it doesn’t seem like it is already close to launching, so there’s really nothing you can gain here.
What I Disliked about Ads Cash
There are a lot of things I really didn’t like about Ads Cash, but I’ll just stick to the most important ones.
- The first thing that I didn’t like about Ads Cash is that it is actually just a Ponzi scheme designed to look like a legitimate cryptocurrency. The fact that you would need to spend money first before being eligible to earn is already a bad sign that the opportunity being offered is just a scam.
- I also didn’t like that the Adscash tokens have no value whatsoever outside of Ads Cash. There’s no way you are able to get anything out of your tokens, so getting them as rewards or investing on them is really just a waste of money since it doesn’t seem like the company is really keen on launching them soon.
Do I Recommend Ads Cash?
From what I’ve seen so far about Ads Cash, there’s no way I’m recommending it to anyone and my advice is to stay away from it.
Yes, investing early in cryptocurrencies could possibly be financially rewarding in the future. But you have to make sure first that the cryptocurrency you are investing in is a legitimate one.
Ads Cash seems to be anything but a legitimate cryptocurrency that will have significant value in the future.
It says it’s a cryptocurrency that is aimed to be used by advertisers and publishers, but it doesn’t really say why these groups will benefit from using it.
The benefits they mentioned are something that existing cryptocurrencies already possess, so what are they offering different from the others?
The homepage of Ads Cash also doesn’t provide much detail about the company and what they are offering. It’s just a big promotional page that is enticing you to register.
It is only when you register that you get more information about what you can get from the company. But it will require you to make a minimum investment of $25 first before you are qualified to earn anything.
This site really has a lot of red flags and a lot of signs pointing to it being a Ponzi scheme. So if you encounter this site, it’s best to stay away from it and just look for different earning opportunities.