In recent days, the name “Ola City” or “Ola Network” is being spread by the community to make money online on social networking sites, many teams and multi-level groups have begun to jump into this project. The promoters (leaders) for Ola City believe that making money with Ola City is easy, free, no need to invest capital, anyone can do it, even earn billions of dong per month. So what really is Ola City? Is it a scam, multilevel? Is making money with Ola Network as easy as some promoters? Should participate in making money at Ola City? Let’s find out with I Love Bitcoin under this article.
What is Ola City?
According to the information on the official website of Ola City (olacity.com), this is an advertising platform based on Performance Marketing, which helps businesses easily promote products and services to users with low cost and high efficiency. At the same time, OlaCity It is also a platform that helps participating members earn money by performing simple tasks: viewing ads, downloading applications (apps), playing games, taking surveys, recommending products and services, shortening. link earn money,.. Or save money on daily shopping through cashback program.
Note: Performance Marketing is a term related to online marketing (Marketing Online) and advertising (Ads). In which companies, advertising services or publishers are paid for completing a specific activity, such as increasing a sale, lead or click.
Simply put, Ola City is an online money making platform, where businesses and users want to make money, where businesses will reach many potential customers, while participating members Families earn income by spending their efforts to advertise and find customers for businesses in need.
Platforms like Ola City are not new, there are many in the world and in Vietnam, the most popular one is Accesstrade.
How to make money with OlaCity?
Maybe many of you still don’t understand how to make money with OlaCity project, why make money for free, who pays you? I will explain a little more clearly. At Ola City, there will be 3 main objects:
- Enterprise: Units that need to advertise and approach potential customers
- Member: People who want to make money online
- Ola City: The platform that connects the above two objects
We can see that the business will be the one to pay for the members and vice versa, the members will help them sell or meet the needs they want, such as downloading the app, filling out information.
In addition, Ola City also provides a cash-back shopping service, this feature has not been released yet, but there are some websites advertising that you can shop for products and services and get 30%-50 refund. % value. Many people speculate that this refund feature will be similar to the 80% refund app of MyAladdinz or IBG, but the project has been warned by the authorities in Vietnam of a scam, multi-level variation recently, this is also may be the reason why Ola City temporarily stopped launching this refund feature, because according to information circulating online, Ola City was previously expected to launch it in July, but now it is September and still in “coming soon” status.
Thus, to make money with Ola City it is true that you do not need capital, but the reality is not for free, you still have to spend time and effort to do the “tasks” that the platform assigns, only after completing it will receive money, and whether to just sit in one place, fill in information, click ads to earn billions so easily?
Is it easy to make money online?
First, I think you need to understand Make money online What is and is it easy to make money online? Make Money Online is a very popular form of making money online today. To put it simply, making money online is doing jobs that can make money on the internet, such as selling online, running ads (Facebook ads, Google Adw, SEO), affiliate marketing. (affiliate marketing), YouTuber, Trade coin, watch ads (PTC) – the form that Ola City is providing, etc. Making money online is very vast, it includes many different jobs, and in fact it is becoming more and more popular. become a trend.
However, there will be no easy way to make money, you should remember this, even though it is not sustainable, only lasts a very short time. Every form of making money you will have to put in your own time and effort, so it cannot be said to be “free”. Not to mention, not everyone will survive, if you want to be sustainable and stable, you must have knowledge, but if you want knowledge, it takes time to learn and practice, it’s like you learn a profession, At least it takes a few months to a few years to really “have a job” and of course there will be people who are not persistent enough to pursue.
For the form of viewing ads and doing the tasks of Ola City, these are also forms of making money online that are no longer strange, PTC has been popular for many years, however, those who have ever participated in making money with PTC know, it brings very low income, even can’t afford coffee anymore, while it takes a lot of time, because watching an ad on Ola City you only earn a few tens of dong, if you want to earn more, you have to watch many ads, but watching a lot will take a lot of time. Overall, this is a very boring job.
Currently, on average, an ad on Ola City, when finished, you will earn about 60 VND within 15 seconds. Thus, if you watch 1000 ads, you will only earn 60,000 VND, while it takes up to 15,000 seconds (more than 4 hours). Doesn’t sound like it’s worth the effort.
In addition, sometimes there will be additional tasks, such as recently on Ola City, there is a task to install the MB Bank app to receive 40,000 VND, or register to receive 25 VNDC (one electronic currency), but there will be a deadline and Of course, you can only install it once, moreover, the number of tasks to earn money of Ola City is only counted on the fingers.
So why is Ola City attracting so much interest and why do some people claim to be able to make billions with this platform?
Multi-level payment method of Ola Network project
This is the “key” point for you to make a lot of money from Ola City. In Ola Network, in addition to watching ads or making money, this platform also allows you to earn more by referring new people to the platform to make money like you, you will get 3% / total amount that your friend Referrals earn, this is a form of affiliate marketing aka affiliate marketing. Affiliate is also an extremely popular and completely legitimate form of making money online, however, Ola City rewards users up to 7 floors (from F1-F7) and this is a multi-level model. Some individuals even offer a 10-tier model, with each member participating the referrer will receive 2,500 VND and will receive 5% of their monthly income.
It must also be repeated that multi-level is not bad, it is only bad when individuals and organizations apply it to bad models, deforming to cheat. In Vietnam, when it comes to multi-level, people immediately label it “scam”, the reason is because most of the projects using the multi-level model in Vietnam are illegal and deformed to defrauding users. Multi-level projects are variable, Ponzi often has no basic product, only focuses on recruiting new members to earn commissions, after collecting a large enough amount or no more new members join the project. the case will “collapse”.
In Vietnam, any enterprise doing business under the multi-level model must register with the authorities, otherwise it will be handled in accordance with the law.
Back to Ola City, I spent many days to learn about Ola City, walking around Google or YouTube, I came across a lot of websites as well as YouTuber advertising, instructions for making free money with Ola City, many videos with the title “make billions with Ola City”. However, most of these videos only focus on instructing viewers to build a “team”, recruiting new members into the system to earn commissions according to a multi-level model. Although they always say, “free sharing”, “give to receive”, the fact that you join their affiliate system is helping them get rich.
Not to mention, the fact that they train new people to build the system by spamming on groups, Facebook fanpage, YouTube, Zalo or other social networks is “dumping” on the internet. Surely you’ve met many people who specialize in posting articles, spamming comments with invitations to join to become their downlines, not to mention many people spamming directly into their friends’ inboxes, or people who don’t know what to do. unknown to them, whether they have a need or not.
So is Ola City a scam?
No one dares to confirm Ola City is a scam, but we can clearly see some of the risks involved in monetizing this platform.
1. Ambiguous information
You can see this clearly when you visit the website of OlaCity (olacity.com), a very simple website, with sketchy information, you do not know who is behind this platform, the only information is that the Head Office is located located at 121 G. Agius Muscat Street, Zabbar ZBR 3400, Malta, but there is also no information or evidence to confirm that Ola City is legally registered in Malta, which shows that Ola City’s credibility is absent. The fact that you participate in making money with a platform that does not know where it comes from, which company is behind, who founded it is clearly a risk, such as one fine day Ola City’s website closes, at The money you earn in this platform also follows that without wings, without knowing who to claim, so how much effort will be wasted. Ola City is also among the projects banned by Thanh Nien newspaper warning scam risk…