Are you thinking of joining My24HourIncome? Before joining, read my review to determine whether My 24 Hour Income is a legitimate passive income opportunity or the latest revenue sharing scam.
The My24HourIncome website domain (“my24hourincome.com”) was registered on June 27th 2016 by Derek Burton out of Ontario, Canada. Though it doesn't state it explicitly on the website, one can conclude that Derek Burton is the man behind the company. Derek is a staple in the rev share industry and is known for being on the top of many revenue share leaderboards. It appears as though Derek has become tired of recruiting affiliates into rev share opportunities only to see them close their doors, and has now decided to open up his own rev share opportunity. While rev shares are almost exclusively scams by the nature of their business plan, it is a positive sign that Derek is disclosing ownership of the company.
My24HourIncome Products
My 24 Hour Income offers ad packs to their affiliates and also offers members the ability to sell affiliate products through their back office. The addition of affiliate products is something new in the world of revenue sharing sites, as sites typically only offer ad packs internally to their members, and have no retail products. While it is admirable that My24HourIncome is attempting to step up the legality of their opportunity, it appears the vast majority of revenue generated will still come from member adpack purchases, thus classifying the opportunity as a classic ponzi scheme.
My 24 Hour Income Compensation Plan
My24HourIncome offers 3 different advertising packages as follows:
Adpack 1 - Cost: $5
Matures at 110% at 1.8 to 3.8% daily cap. Gives 75 business directory ads, with 12% referral commission to your sponsor.
Adpack 2 - Cost : $15
Matures at 115% at 1.8 to 3.8% daily cap. Gives 200 business directory ads, with 12% referral commission to your sponsor.
Adpack 3 - Cost: $35
Matures at 120% at 1.8 to 3.8% daily cap. Gives 500 business directory ads, with 12% referral commission to your sponsor.
