It’s not a surprise to find tons of easy money schemes on the internet. Is Clicxads one of them?
Find out in this review if Clicxads is your quick cash to success or just another scam ready to rob you of every penny.
Making money online has grabbed people’s interests more than ever and if you’re on the lookout for the best opportunity for you, you should also be mindful of what schemes to avoid.
So in this review, I’m going to show you the typical warning signs that send the alarms ringing.
Clicxads Review At A Glance
About: Frank Nii Okanta Ankrah's ads platform offers Bitcoin investments and referral marketing.
Price: There are 3 membership levels. Basic is free, Professional for .001733 bitcoin and Enterprise for .004619 bitcoin.
Pros: None that we found.
Cons: Sketchy owner, Ponzi scheme, and pay to play.
Verdict: Yes, Clicxads is a scam. It's a ponzi scheme and you can get in trouble with the FTC and SEC if you took part in this scheme.
What Is Clicxads?
Clicxads is an ads platform that offers bitcoin investment and referral marketing. Simply put, you invest in ads using bitcoin and also earn from recruiting other people.
I looked around the website, it didn’t mention anything about who runs it. But if you check out Facebook and Youtube you’ll find the name: Frank Nii Okanta Ankrah as the man behind the platform.
The website’s domain was registered back in 2017 and was previously used to market PTC script prior to using it for the Clicxad system.
Before Clicxad, Frank Ankrah was connected with Global Dynamic Marketing, a Ponzi scheme, and Appi Travels, a pyramid scheme.
Want to start sprinting away? Not just yet.
Here what’s worse:
He was also involved in Dunamis Network Marketing run by Joseph Abel, another Ponzi scheme that already collapsed happens to be arrested along with 3 others for the fraudulent scheme.
It’s either Ankrah took off when he realized he was around bad people or he realized he can make a run for it and starts his own.
Just before I head out to the next part, I'd just like to point a few things out about the website. This might make you more interested in Clicxad but I tell you, it should't.
First, the “testimonials”.
Second, the “payment proofs”.
If they're trying to build credibility, they're not doing an awesome job. These stuff doesn't really prove anything! There's no face in the testimonial and it's so easy to throw out numbers as payments but a lot harder to prove it.
How Can You Join Clicxads?
You can join Clicxads for free or you can increase what you can earn by choosing the Professional Level or the Enterprise Level for a cost.
How Does Clicxads Work?
You can invest in ad packs and get a return sometime later and you can also build a downline.
Investing In Adpacks
You can invest using bitcoins and get a return from the investment. Each level has a different percentage in returns.
- Basic – has a 105% returns cap
- Professional – has a 111% returns cap
- Enterprise – has a 115% returns cap
Building A Downline
When you build a downline, you can earn referral commissions and matrix commissions.
A unilevel compensation structure is used.
- Basic – receives 3% on level 1 recruits
- Professional – receives 4% on level 1 and 1% on level 2 recruits
- Enterprise – receives 5% on level 1, 2% on level 2, and 1% on level 3 recruits
You can earn a matrix commission from the membership subscription of those in your matrix 6 levels down.
- Level 1 – 20%
- Level 2 – 15%
- Level 3 – 10%
- Level 4 – 7%
- Level 5 – 5%
- Level 6 – 2%
Here Are What The Clicxad Services Include:
Clicxad claims to have many revenue streams that fund the investments payouts.
I’m a bit skeptical with this. There’s no assurance the traffic will convert to sales without quality content.
This is a bit of a vague area they need to explain more because frankly, if this is where they get the external ROI, I don’t think it’s going to work.
Earning With Facebook
Clicxad uses social media to drive traffic but then again, what is traffic worth if there’s no quality content to convince a visitor to buy.
Clicxad uses bitcoin for their monetary transactions, you use it to invest and that’s also how you get the return for your investment.
They use PTC focusing on geo-targeting with custom packages based on advanced settings and stats.
Clicxad claims to use the most advanced CPA/GPT system that can deliver instant crediting and approval, and fraud protection. For another GPR you can check out is SquishyCash.
Clicxad Dirty Little Secrets Exposed!
I’d like to assume you’re still not running away because you’re hooked here in finding enough reasons to not go back in checking out Clicxad and not because you’re still not convinced this is not a great opportunity for you.
So here are surefire reasons for you take Clicxad off your online money-making choices:
1. Sketchy Leader
One, he doesn’t mention himself on the website, he still wants you to do more digging around. What he doesn’t realize that more digging led me to see the red flags in his money-making history.
Two, I found out about his connection to previous Ponzi and pyramid schemes.
Is he a changed man that’s why he started Clicxad? I don’t think so, Clicxad sent alarm bells ringing almost similar to those Ponzi and pyramid scams he was involved in.
2. Clicxad Is A Ponzi Scheme
One thing you should know about legit matrices is that they always have products as revenue sources. Sadly, Clicxad doesn’t have those products.
Their income primarily comes from the membership fees of recruits and not from external ROI from products or the ads. That typically describes a Ponzi.
They can reason that their income comes from ads but I’m 100% sure they can’t prove that.
The FTC will come running after them in no time.
3. A Warning Posted Against PTC
Investor.gov posted a news alert warning people about the dangers of PTC.
Here’s an excerpt from investor.gov’s new alert:
“Getting paid to click on online ads may sound like an easy way to make money, but can also result in losing money. Online paid-to-click (PTC) programs often promise investors a share of the program’s profits in exchange for paying an upfront fee or buying products. For example, a PTC program may claim you can share in its profits if you buy “ad packs” or other advertising products. These PTC programs might promise you advertising services such as displaying your ads on their network or guaranteeing traffic to your website if you become a member or buy their ad packs. They might even promise to share their profits with investor”
Sound familiar? That’s exactly describes what Clicxad offers!
4. Pay To Play
Here’s another danger you should look out for when considering a money-making opportunity. Pay-to-play schemes are always up to no good. Pay to play means you get to earn more if you invest more.
Legit programs pay you more not for that reason but for how well you do in that program. The reality is when you invest more in pay to play, you don’t earn more, you LOSE more!
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5. The Way Clicxad Operated Is Considered A Scam By The SEC
One part of the Ponzi scheme article by the SEC states that it’s a major red flag when a company’s investments are unregistered.
If you check around the Clicxad website, you’ll never see even one license to prove their transactions are regulated and are thus legit.
Now the problem with unregulated companies is this:
They can run off with all your money anytime! Or they can pay you off with fewer returns than you deserve, after all, no one’s checking their transactions.
I don’t think that’s the kind of money-making opportunity you want to get involved with.
Is Clicxad A Scam?
Yes! I’ll even send a red alarm blaring and whirling for you.
Just think about it, because there are no products to sell, you’ll have to recruit as many people as possible. While there are millions of people in this world, you can’t convince even a quarter of the figure to sign up for this.
It will only be a matter of time when you’ll run out recruits, payouts will run dry, and the whole system will collapse.
Not only that, but Clicxad also failed to obtain the needed licenses to operate legally. It means that even if you earn a little trickle back from this, eventually this business goes dead.
Frank Ankrah was able to create this platform. What makes you think he won’t abandon this to create a new one to dupe more people? He already has a track record of getting involved in scams you know.
Clicxad Closing Thoughts
While I hate to shatter your dreams of having Clicxad as a way to lead you to financial freedom, I don’t regret it a bit.
If I did sugarcoat what they’re up to, you’ll be the one regretting in the end.
If there is an opportunity I don’t doubt in recommending to you, it’s affiliate marketing.
Why affiliate marketing you say?
- You can get started for free
- There’s no need to recruit
- You will get the training you need to build a sustainable business from scratch
- You will have the support of like-minded people
- You can earn even when you’re away from your computer
If you have any doubts, don’t take my word for it. Test it out yourself here for free.
How I Make A Living Online?
After years of working in call centres I finally figured out how to create a 5-figure monthly passive income stream and become financially free.
Thanks to the right training and a lot of hard work I kissed my old boss goodbye and booked a one way ticket to Thailand.
So if you're serious about building a thriving online business, click here for the exact step-by-step formula I follow.
Simon Crowe is the founder and editor of The Make Money Online Blog on a mission to help as many people as possible kiss their bosses goodbye.
Watch this video here to discover how to smash your online income goals and make your dream business a reality.