Another HUGE Blow For The "PTC" Industry!
If you are in the MMO niche, these are hot leads because they are people who are looking to make money online. I know several folks who have made thousands from Neobux as well. They've done it by referring hundreds of people to the site.
At any rate, back on July 14th of this year, I started a thread called "PTC Sites Going The Way Of The Dinosaur?"
The reason for that thread was that a HUGE player in the PTC industry called Clixsense had announced that they were abandoning their PTC ad model for paid surveys and other "get paid to" offers.
One of the main reasons was that PayPal was no longer willing to service the PTC industry. I can understand this completely since it pains me to say that yes, there is a ton of fraud that goes on in the PTC industry. The main problem is that PTC sites will launch, take payments for ads, and end up closing in the blink of an eye. Most people lose a small amount of money and maybe end up not getting paid out for ads they have clicked on.
However, quite recently, there was a enormous issue with a site called Traffic Monsoon. It's alleged that more than 162,000 investors were defrauded of over $200,000,000. Yup. That's MILLIONS. The SEC got involved and alleged that the site was a Ponzi scheme and closed it down. As far as I know, the case is still being litigated. You can read the SEC complaint here:
https://www.sec.gov/litigation/litre...16/lr23604.htm
My reason for posting today is that I was just notified via email that another giant in the PTC industry is closing down after 9 years in business.
It's not a PTC site, but they have a very close relationship with PTC sites as they run a PPC network that places ads on many PTC sites.
It's a site called Adhitz. Some of you may have heard of them. I've used them as recently as last week to run PPC ads and have been using them for years. I've gotten loads of great leads from there and made many sales form the leads I acquired running ads there. I used to pay around .10 for clicks from the US/Canada.
Here's the email I just received from them:
Subject: End of service announcement Members, this announcement is to notify you that on December 1st, 2017 AdHitz will be going offline permanently. With the loss of Paypal in March of this year and with our close affiliation with PTC, it has become it's extremely hard to operate this business. We did try to get different merchant accounts but because of the high risk nature of our business, the cost per transaction rate was much too high and it would not be feasible for us to offer this form of payment. Along with this, the upcoming changes to European privacy concerns (GDPR) we feel it's best to take AdHitz offline. We want to thank each and every one of you for a very successful 9 years in business and we wish all of you continued success. We will stop all active site and network ads on November 30th and we will stop selling advertising and allowing new websites immediately. We will issue refunds for any remaining balances of these campaigns. All payments will be completed on or shortly after December 20th, 2017. Thank you The AdHitz Team |
I'm just really surprised. I know I used to spend at least $200 per month with them myself. They only accept payment by Payza, but that's not that much of a big deal. I had no problem loading my Payza account and paying them that way.
I've heard that there are issues with a lot of banks from the US not allowing transactions with Payza because it's not a US based company. Maybe this is what happened. Many people were not able to easily make payment anymore, and so they abandoned the site for other options.
It's not the end of the world, but I always hate when I lose a good traffic source that was bringing me lots of leads.
It's also kind of sentimental things, because when I first started delving into how to make money online, one of the first ways I made money was through PTC sites. So there's that also.
I guess I'm just going to have to come to terms with the fact that the PTC industry is on the way out.
Yet again, it's a matter of a few bad actors destroying something for the people who were doing it right.
Adhitz, it's been a great run. I'm sure gonna miss ya
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