The most essential reason for reviews, especially important ones, is because of something most of us cannot help but look for in or about products we find ourselves about to use.
This is a Cashcrate review, as many would like to know if Cashcrate is a legitimate money-making enterprise or a scam.
People read things written on items and articles like this because of a social phenomenon known as “Social proof.”
“Social proof is a psychological phenomenon where people assume the actions of others to reflect correct behavior for a situation.” Even that needs to be checked often.
The way the effects of social proof can be found and felt offline and online is the same way the legitimacy or illegitimacy of this platform will be handled in this article.
This article explains how Cashcrate works, the process, and whether it is legitimate or a make money online scam.
Table of contents
Introduction
Modern-day thinker and author James Clear recently sent newsletters that carried the title “Why Facts Don’t Change Our Minds.”
Within it, he asked why we continue to do certain things despite those things not serving us. I laughed upon glancing at the title but further reading revealed why I shouldn’t.
Paraphrasing, he said “…However, truth and accuracy are not the only things that matter to the human mind. Humans also seem to have a deep desire to belong.”
This leads us to question why social proof is essential, especially the type that is known as “wisdom of the crowd.” Where people are led to believe that if people are finding value in something, then it must be good, right?
Not quite so. Sometimes the crowd is wrong. A natural human tendency to form “herds” is why Ponzi schemes thrive in many places.
The rise of apps and platforms like Cashcrate that allow you to make money bring to mind the California Dream. During which there was this buoyant feeling of a free-for-all in income mobility, in which any single individual might become abundantly wealthy almost instantly. The gold rush is what many are still after, and that is why the Cashcrate review is essential.
I hope the facts change your mind.
Cashcrate and the California Gold Rush
As you may soon find out with Cashcrate, only two types of people made money from the California Gold Rush of 1849 – a couple of prospectors and the merchants. Most miners never made a good dime.
Most of the people who made money back then were merchants of jeans, tents, pickaxes, and other supplies and services to the prospectors who lived hard lives panning for gold.
Being on the Cashcrate app is akin to digging for gold in the wrong place. You could dig for years with little or nothing to show for it. Nothing much has changed.
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What is Cashcrate?
Cashcrate is a money-making platform along with the Cashcrate app which helps it run seamlessly on mobile devices that promises you the opportunity to earn extra cash by helping you find “vetted opportunities” to make money online when you fulfill tasks like;
#1 – Completing paid surveys
This option promises to get you paid for your opinion with a list of rated and vetted paid survey providers such as –
Tellwut
This is an online survey panel founded in 2010. Rewards for surveys are provided as points, which can be exchanged for gift cards from a few major retailers. Depending on the specific gift card a person orders the points may be valued at between 400 and 500 points per dollar.
This site doesn’t have any options for cash payments. Members will find a substantial number of surveys available. Each survey indicates the number of points awarded for completion of the survey, the approximate time required to fill out the survey, and if the survey is mobile friendly.
The i-Say
This is an online survey panel is owned by Ipsos, one of the oldest and largest market research firms in the world. Ipsos was founded in 1975 and currently employs over 15,000 people in over 80 countries around the world, carrying out over 70 million survey sessions per year. The site itself is pretty simple for the most part.
The only way to make money on the site is by completing surveys. It is possible to create or fill out really basic polls, but those don’t earn you any points on the site. The polls are just a way to pass time or have fun if you like making or participating in one-question polls.
Aside from the “Poll Predictor” drawings, i-Say also has another drawing which is done every 4 months, with the number of entries you get being based on the number of paid surveys you’ve completed since the last drawing. Each time this drawing is done 10 winners are drawn and receive an award of 5,000 points each.
YouGov
This is a global online survey community with over 6 million members where people can connect with others and share opinions on hot topics. Members earn points for taking surveys and can use those points to claim various gift cards. Point values can vary depending on the type of gift card requested.
Available surveys can be found in the top right-hand corner of the My Account Page. Survey opportunities are a bit more limited, with fewer surveys than you might find on other sites. To earn additional points though, you can refer to others. When a referral completes 4 surveys, 2,000 points will be added to both your account and your referral’s account.
#2 – Side hustles
This option promises you money if you conclude certain side hustles, among which are;
FusionCash
This was founded in 2005 and is a well-established earnings site with proven payment history. FusionCash allows you to earn cash online, with payments being issued by Check, Direct Deposit, or PayPal. The site is very easy to navigate and members will find a good amount of earning opportunities. While things like paid search and games are not available, the number of available offers and surveys help make up for it.
FusionCash also has a limited selection of paid to click opportunities. Refer friends to make more money: Receive $1 bonus each time a new referral confirms their email, an additional $2 for their first completed Paid to Sign Up Offer, and an additional $5 each time a referral cashes out.
The somewhat complicated payment policies are a disadvantage for FusionCash. Payouts are available after a person reaches $25 in earnings, with the following restriction: At least $15 of the payout must come from non-bonus credits (from offers, surveys, videos, and other items you complete yourself).
Swagbucks
This is the largest and best-known place to earn money online, with over $340 million in payments issued since launching in 2008. Swagbucks is owned by Prodege LLC, which also owns MyPoints and a growing market research (survey) business.
After signing up for their site, a person accumulates Swagbucks (SB) by participating in a wide variety of activities. Each SB is valued at around $0.01 and can be used to order gift cards from many different retailers or they can be used to request a cash payment through Paypal. Rewards can be collected once a person has earned as little as 200 Swagbucks ($2).
At times gift cards for some retailers may be available at a discount, allowing members to receive a larger reward for the same SB.
#3 – Rewards
This promises to pay you if you do a variety of things, including engaging with advertisers. For example;
PrizeRebel
This was founded in 2007 and has paid out millions of dollars to its members. The site allows people to earn points, which are worth about $0.01 per point. These points can be used to select from a vast variety of different gift cards from major retailers or by requesting a PayPal payment, with some gift card payouts starting as low as $2.
InboxDollars
This is one of the longest-running programs for making money online, having launched in the year 2000 and paid out over $57 million in cash rewards. Unlike many other sites for earning online, InboxDollars offers cash rewards rather than points for participation in activities on their site.
Members can request a payment via a variety of different gift cards or by paper check after reaching the minimum earnings requirement. Members earn by completing offers, sharing their opinions in surveys, watching videos, and more. Perform online searches and play games to earn credit for their Scratch and Win feature, where members can win additional cash.
You can also earn by signing up for and trying different services. It’s also possible to save money with InboxDollars by using their cashback shopping option.
#4 – Shopping option
This one promises to allow you to avoid paying full price by offering instant discounts or coupon codes on platforms like;
Clip and print coupons to save money on grocery items you use every day, such as foods, personal care, household, baby & toddler, beverages, and health care items. Just sign up, look for the coupons you need, clip them, print them, and use them to save when you go shopping.
How does Cashcrate work?
Cashcrate works by connecting you to tasks that you are meant to perform and accrue points while doing so. Cashcrate app says that the more you go, the closer you get to the point level that enables you to withdraw accrued points as money.
It is commonplace for people to store up points that are as much as $2000 and higher when converted from Cashcrate points to dollars.
At the point of withdrawal, a third-party financial service’s pay-in address is required of you so that the money would be easily transferred. It is at this point that certain things become more apparent, and some start to smell the coffee. The risk of finding out late that you’ve just been shaken is what necessitates the need for reviews like this.
Does Cashcrate work?
The way it was designed to work? Yes, and I mean that in the most troublesome way possible. The app is the most elaborately maintained scheme possible. It pretends to be a legitimate platform but does not deliver on its promises, because it is either that or the Cashcrate app has been having issues sending users their money for years now and plan to do so whenever they eventually resolve their money transfer issues.
For people who may not have understood what the paragraph above meant, the message is that as beautiful as the Cashcrate app and its operation looks, so is the beauty and devious expertise that goes into keeping the platform steadily doing what it does best.
Cashcrate reviews
In the words of the hopeful who has tried to pull out three times but has been unable to, “I hope this is not a scam?” Dear friend, brother, reader, and hopeful, Cashcrate is a scam. The internet is littered with complaints about users not receiving their money.
Some who have, for some unexplainable reasons, waited on the Cashcrate app and its management to eventually pay them after being swindled more than thrice of amounts greater than $4000 say the Cashcrate app tries to collect more money from them despite not paying the ones previously owed.
Some who complained bitterly also say that when it was time to pay, the details on their accounts changed into someone else’s. Some others say that they were just summarily blocked or ejected from Cashcrate.
A hopeful who managed to put a call across to their support arm has been on hold since June 2019 while one of their managers quickly looks into her issue. Findings have revealed that there is a mile-long list of people who have been on hold since early 2019 while a Cashcrate manager goes through their accounts in “2 minutes.”
It must probably be one of the longest two minutes in their lives for many of those people.
What happened to Cashcrate?
In their own words at the Cashcrate website, “…As time went on, however, we noticed there were similar sites flooding the internet–many of them identical, many of them scams. The new site launched in April 2019, and we’re just getting started. We hope you find something that works for you, and if you know of an opportunity that we’re missing, please submit a tip!”
They hope that you find something that works for you on their site. I hope you do not.
Conclusion
If Cashcrate is a scam, imagine what is out there. Read more reviews to get yourself abreast of what is real and what isn’t.
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