October 3, 2010 12:37pm CST
hi friends now a days i heard about the site paybox.me, how its work? it is legit or not? how useful this site for Indians..... if anyone from payboxuser please tell me....
3 Oct 10
You receive 50 Paybox Currency upon sign up. Yep I am explicitly saying PayBox Currency and not dollars I'll tel you why in a moment. 5 paybox currency per referral and up to 20 paybox currency per day. You have to login once every 48 hours and do little stupid surveys a few times a week. Now, I said paybox currency because I believe there's a little trap in this it is possible that 1 paybox currency does not represent an equal amount in american dollars. So it may just be one unit of paybox currency is like 0.000000000000000001 which is not payable and thus null and void. Everything under 1 cent doesn't have to be paid and before you're on 1 cent you're a long way to go. Once again this is an example of what I think will happen it does not necessarily represent what will happen.
3 Oct 10
Directly taken from their terms of service: All account balances are held in PayBox currency. PayBox maintains a currency that is autonomous and independent of all nations and governments. The PayBox currency is denominated in dollars and cents (similar to the currency of the United States and over 20 other countries). The PayBox currency is currently in a closed system, and cannot be exchanged or spent. Before long we plan to open our currency to be spent and exchanged just as you can with any other currency. Our plans include person-to-person transactions (via the Internet and over cell phone text messages), integration with merchants and shopping cart systems, debit card transactions (through an issued debit card linked to your account), and more. The value of our currency is estimated to be close to that of the U.S. dollar. As is the case with any currency, once the PayBox currency becomes openly exchangeable, its value as weighted against other world currencies can and will fluctuate due to forces beyond our control. Lengthy way of saying: Our currency might just surprisingly(*cough*) be valued at a rate much lower than the dollar. Then again you never know. It may even be real dollars. But what's the point of giving away 50 dollar per sign up? Other than artificial devaluation, in this case. In other websites it would be a guaranteed scam... but this site... Hmm I don't know.
3 Oct 10
I dont know. they just keep increasing the earnings for doing nothing. Very funny right! And the worst is that we dont know yet if we can send all that money to paypal. Thats not gonna happen because we didnt really earn all that money,they just kept giving us and you know nothing is really free these days!