In my Opinion, Bucksify is Yet Another Crypto Pyramid Scheme

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Avatar for GreatWhiteSnark
2 years ago

Warning: Please read all of the below before deciding if Bucksify is right for you.

I've seen Bucksify marketed and recommended a lot (including by a trusted user of another faucet on which I earn about $0.30 to $1.00 on a good day, depending on how many surveys prematurely screen me out). For a while, I've been meaning to sign up and check it out, but didn't get 'round to doing so until yesterday. I now understand why people who've signed up to it have been making a fuss and dropping referral links like there's no tomorrow.

The site pays out five thousand (5 000) Bucksify points (BXT) when you sign up, most likely more when you use somebody's referral link. (That works out as about $.050 USD.) It also has a faucet from which one can claim 10-15 BXT (about $0.001c) and four (4) XP once every hour until one reaches level fifteen (15), at which point it goes up to 20 BXT and 10 XP. There's simply no point in persevering to that level, however; it's not worth the effort. Further, from looking at the "daily tasks" (which Bucksify terms "quests"), it becomes apparent that the site is heavily focused on rewarding users through referrals (up to 33% of every new user's earnings for the first level, 11% below that, 3.3% below that, etc.).

Essentially, the site is just another crypto pyramid scheme that encourages users to advertise it in an effort to get more users to sign up (which explains why I've seen so many PTC ads for it, no doubt). Once you're registered on it, the only way to get more BXT is to either earn 100 BXT a day ($0.10) through the faucet or spam your friends, family and followers with a referral link in the hope of suckering them into signing up. Best you practice your murketing skills (or send a referral link to somebody who has them) before joining. As I'm not someone who has such skills and finds such behaviour unethical, I'm not going to drop mine.


Lead image photo by Olya Kobruseva from/on Pexels

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