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4Daily

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Posted by: forwardone

Quote:
Since its launch in October 2004, 4Daily.com has become a huge success, with the fastest growth of any paid-to-surf site on the Internet.

To ensure that our growth continues, and to correct some anomolies that have crept in, we are making several small changes to our program from JULY 1. Our aim is to preserve our original concept of providing earnings of 4%, up to $400 a day to our members, and to control greed, abuse and fraud, and to simplify our conditions for payouts.

We have an ongoing policy of making adjustments to 4Daily.com features, to better meet changing market conditions and demands. These changes stem mainly from suggestions made by many of our members.

Changes From July 1, 2005:

Free Bonus Recovery - We give new members a free $4 bonus upgrade for joining. You can use that to earn another $4 in 50 days. Previously, we would pay out the full $8. From July 1, when your free $4 bonus expires, we will recover it and leave you with the $4 earnings. For free members only, we will payout a minimum of $4 to StormPay.com. No other payout method will be available to free members. You can remove all free account restrictions by buying an upgrade of $4 or more with StormPay, e-gold, Moneybookers or ReadyCash Debit Card.

Cash Balance Update Change - Previously, your Cash Balance was updated daily with your earnings. From July 1, your Cash Balance will not be updated until each upgrade expires. This means that your monthly payout will be your entire Cash Balance on payout day if it is $8 or more, which should eliminate most of the confusion about payout amounts and limits. It also means that you may have to wait an extra month for payout, as we will now pay out earnings after 50 days instead of after 30 days. You will still see your daily earnings growing on your Member page. You will have 3 balances to watch, Member Level (your current upgrades), Earnings (your unpaid earnings from current upgrades) and Cash Balance (your cash to be spent or paid out, earned from expired upgrades). Payouts will still occur automatically on the 15th of the month, for cash added to your Cash Balance up to the end of the previous month

"13 Day" Strategy Blocked - By not releasing your earnings to your Cash Balance until each upgrade expires in 50 days, excessive upgrading from earnings using the so-called "13 day" strategy will be stopped. This strategy allowed some members to earn much more than 4% on their original upgrade payments. Now, you will have to wait the full 50 days before you can spend or withdraw the earnings produced by each upgrade.

Multiple Accounts Restricted - 4Daily's mission is to assist you to earn up to $400 a day by viewing our members' sites. Our previous policy of allowing multiple accounts could allow some members to earn excessively. Now, each member may have only one account. You may keep the account topped up to the maximum. We will use a number of methods to detect multiple accounts, including IP addresses, payment processors, surfing patterns, etc. Offenders will lose all accounts and money. We will not enforce this rule against existing accounts until September 1 so you have time to allow extra accounts to expire. We will allow several accounts to share the same IP or payment processor account, but not both. Members who share an IP must each have your own payment account or pool your funds into one shared 4Daily account.

Commissions - From July 1, we will no longer pay referral commissions on upgrades that your downline members buy with their earnings. 4% commission will be paid when your downline members pay to upgrade with "outside" funds from a payment processor. The purpose of the commission is to reward you for bringing new members with new, outside funds into the program.

StormPay Fees Recovery - Previously we absorbed the high fees charged by StormPay.com when we received payments from you. Now that we have 4 payment processors to choose from, we will pass on StormPay fees from July 1. Your StormPay account will be charged an extra amount to cover most of the fee that StormPay will charge us. There is no fee from us when you pay us by our other methods. There is no fee from us when we pay you by any method. In all cases, your processor may charge fees.

These changes will make 4Daily.com even stronger and more attractive for the long term. Thank you for support and help with making 4Daily.com such an outstanding success! Jim Hunt
CEO, 4Daily.com

Geoff



Posted by: FutureGizmo

I've seen that too and I can say that 4Daily is not that healthy anymore as before.

I've said this in another forum, I think 4Daily is in a Catch-22 situation right now. In order for 4Daily to continue paying the 4% daily rate and to have a solid cashflow status, members need to continue investing and should not take more money out of the system.

However, for members to continue investing, they need to be assured that 4Daily can pay the 4% daily rate and that 4Daily is still headed for a long-term existence. A dilemma, indeed.

It's definitely wait-and-see for 4Daily right now.



Posted by: forwardone

If they themselves state that they are reliant on future funds to keep the business going then it smacks of a ponzi (but aren`t the vast majority?)

If lowering the rates means extra life for the program then most would see that as good justification. Whether the strategy works remains to be seen of course.

Geoff



Posted by: FutureGizmo

Quote:
Originally Posted by forwardone
If they themselves state that they are reliant on future funds to keep the business going then it smacks of a ponzi (but aren`t the vast majority?)

Geoff

They did admit that in their FAQ (even ST and TGT stated that too). But 4Daily is different in that they explicitly said in their FAQ that all members should always take their principal out as quick as possible. That's an obvious admission that they can end anytime. Hurray for 4Daily's honesty! LOL~



Posted by: forwardone

A lot of members seem to be complaining about problems with this program, including the fact they are often unable to surf.

http://www.4daily.com/bb/index.php

Any updates at all?

Geoff



Posted by: Trinary

A lot of peoples in TG, hyipdiscussionforum and other forums complains about not even being able to open the site...



Posted by: FutureGizmo

I wonder what "new" updates 4Daily will have come the payout date this 15th..



Posted by: forwardone

Let`s move 4daily to it`s righful place - SCAMS!



Posted by: FutureGizmo

Well the latest update I read is that the new rate is now only 20% a month. Hmm.. at least 4Daily is still struggling to survive. I just feel bad for those who got stuck in this program and were never in profit before all this brouhaha happened..




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