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Moniegram is a recently launched money-making app in Nigeria that offers users the opportunity to earn income by performing simple tasks like viral posting, viewing ads, and using their typing skills. The platform has a structured earnings plan that includes a one-time N1000 registration fee, a N200 welcome bonus, daily earnings ranging from N100 to N150, and a generous N700 referral bonus. Users also receive a 20MB data bonus.
To join Moniegram, individuals need to purchase a N1000 coupon code from designated vendors, complete the registration form on the website, and use the coupon code during registration. The minimum withdrawal threshold is N3000, and users can withdraw both their activity earnings and referral earnings instantly via Paystack.
However, it’s important to note that Moniegram is classified as a Ponzi scheme, with the primary income source being referrals. Limited task availability makes referrals the main avenue for earning. Users should exercise caution and conduct their research to determine the legitimacy of the platform.
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Moniegram.com Features & Benefits
1. Simple Tasks.
2. Low Registration Fee.
3. Welcome Bonus.
4. Daily Earnings.
5. Referral Bonus.
6. Data Bonus.
7. Instant Withdrawals.
Moniegram.com Red Flags
1. Lack of Licensing: Scam platforms don’t have the necessary licenses to operate as legitimate financial institutions.
2. Incentives for Recruitment: The focus on recruitment and rewards for bringing in new members is a classic sign of a Ponzi scheme.
3. Unrealistic Returns: Moniegram.com promises extremely high daily returns, which are unrealistic and unsustainable in any legitimate investment.
4. Pressure to Invest Quickly: Ponzi schemes pressure participants to invest quickly before they realize the scheme’s true nature.
Is Moniegram.com Legit or Scam?
Based on all the red flags we have listed above, it is quite evident that Moniegram.com is a Scam