Why You Pay For Watching Advertisements
Can you imagine your indignation when a slip is brought to you as your bill for watching advertisemens on the television for the month? When Johnny got to the city, he did not know there were giant televisions like the one he saw by the main street. Johnny estimated that the giant television was 120” by 90”.
As Johnny stood looking at the giant electronic billboard, a young man approached and accosted him to pay for the number of times he had watched the “television”. Johnny insisted he had watched only twice, for which he paid, GHc2.00. As he went away, happy that he had outwitted a city boy, the young man also went away happy to have gotten free money from a man from the country side. It was a “win-win” situation in deed.
The reality is that people are paid to watch advertisement not the other way round. A company wants publicity. It pays an advertising agency to splash its advert on the internet – a few thousand unique impressions for a few dollars. Anybody who watches the advert and wishes to be paid for doing so can claim the said money being offered. The person could be paid $0.005 or $0.01 for staying on the page for an estimated number of seconds. The more you watch the more money you accumulate. The advertiser gets his/her sales to go up, the advertising agency gets its money and the watchers also get their share, also a win-win situation.
With the invention of cryptocurrencies like bitcoin, the mode of payment switched. The same thing is done but the mod of payment is no longer dollars or Euros but rather cryptocurrency. For example, one could be paid 0.00000500BTC after every one or two hours. This is paid into one’s cryptocurrency wallet every Saturday or Sunday when the balance reaches a pre-determined threshold. These monies are given on faucets. So yes, you are paid to watch advertisements on the internet.
If one wants a few bitcoins for free then one must first get a wallet from www.blockchain.info . After that, go to http://www.zapit.nu/freevta or http://www.zapit.nu/700vta sign up and start to claim every one hour. You will be paid directly into your account every Sunday. You can easily accumulate 0.00010000 satoshis every week from each of the faucets. There are 100,000,000 satoshis in every bitcoin so 10,000 satoshis is just 0.01% of a bitcoin and one bitcoin is currently between $220 and $268. You might say 0.01% of a bitcoin is worth nothing but that is where you miss the point.
Another cryptocurrency called VIRTACOIN that was launched in July, 2014 is currently priced between $0.00000200 and $0.00000800. Virtacoin has the potential to grow up to, only God knows how high. You can convert all the bitcoins/satoshis you earn directly into virtacoin through a simple process. For example your 10,000 satoshis can be turned into 5,000 virtacoins at the current rate.
You do not get the virtacoins absolutely free. You pay with your time, normally, few seconds every time you claim. You also must use data to access the internet. For these reasons it is not entirely free.
How then do you get the free virtacoins? You can get free tuition at zapit.nu/vtaforfree . Together, all the faucets could help you amass 100,000 virtacoins every week for free. Well, not too free.
Many companies from Ghana and from many parts of the world advertise on these faucets and many of the adverts are country-specific directed. You would see Coca-Cola Ghana Limited, Ashfoam, Tonaton, Checki.com, ecurrency4u.com, payplux.com, Ethiopian Airlines, Emirates Ghana, Johnson and Johnson, Tigo, Standard Chartered, etc as some of the companies.
These companies have paid for their adverts to be splashed on the net. Now part of this money is given away freely to those who visit the site. These websites cannot show football matches, feature films or soap operas to attract viewers so they pay those who visit them. It is the same concept but different method of attracting people. Why would you not grab some satoshis and convert them to virtacoins while you watch for the value of virtacoin to go up to say $0.10?
Author has 23 publications here on modernghana.com
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