Elmax is a music streaming platform that claims to be paying users when they spend time listening to songs uploaded to the site after signing up. The website was created barely a week ago and ever since, it’s gained significant membership but upon closer analysis, I noticed major red flags that should not be taken for granted; especially for people who may want to purchase paid plans.
In this article, we will be finding out all there is to know about Elmax; the newly launched music streaming website that allows users earn money on a daily basis for doing something as casual and fun as listening to music. The aim of this review is to find out if it’s legit or scam based on my personal analysis and also, an appraisal of the pros and cons for people who may want to proceed with purchasing their paid plans regardless of what’s discussed on here.
What is Elmax, and How Does It Work?
Elmax as previously mentioned is a music streaming website that enables users earn passive income by listening to music for a couple of minutes daily. The moment you create an account, you will be assigned a free plan that allows users play at most 2 songs on a daily basis.
As a user, you’re expected to keep playing music on a daily basis till you hit the minimum threshold, then you proceed to place withdrawal. If you are the type of person who wants to earn money online without doing much, this is easily one of the go-to sites, primarily because, they place you on a seemingly FREE plan that enables you earn some money without depositing a dime.
Elmax Plans & What It Means For Users
There are three plans on Elmax and to be frank, they are super important to anyone who may want to earn money on the site;
1. Free Plan – upon sign up and login, you will be automatically assigned the Free Plan that allows you play at most, 2 songs on a daily basis, so your earnings will be highly limited but then, since it’s free, it’s a risk worth taking.
Additionally, the free plan only lasts for 15 days after which, it expires and then you’re either left with no option than to withdraw or opt for one of their paid plans that involves depositing money.
When it comes to the earning capacity of the songs streamed, I would say they are not too bad but the highest amount you can earn from a single song is $0.40 cents. Others have less amount but if you are to stream a good number of songs per day, there could be a chance of reaching the threshold.
2. Pro Stream Plan – this is the first paid plan and it involves depositing $1 (1700) when you do so, you will be able to stream 10 songs on a daily basis and this opens you up to much higher earnings at the end of each day.
Reason is, more songs streams means more earnings overall and if you are to repeat the process for a week or two, you should have earned something tangible. The plan lasts for 366 days.
3. Elite Stream Plan – this is the highest plan and you can activate it with $3 (5100) and be eligible for 20 songs on a daily basis which means more daily earnings and more overall earnings. The plan also lasts for 366 days.
Judging from the number of daily song streams allocated to the paid plans, one doesn’t need a prophet to tell him or her that the administrators of the platform are strategists. The site was designed in such a way that, you will be lured to purchase one of the paid plans due to how much you could potentially earn from doing so.
But is Elmax just the perfect earning platform? The answer is NO. There are even reasons not to participate and we will have a look at some of them shortly.
Final Verdict
Elmax.com.ng is not legit from my assessment. Now it may be surprising to you that I’m classifying a platform that hasn’t even been around for a month as scam, before you crucify me, there are major indications that point to the fraudulent nature of the platform and we will go over them.
1. Non-functional Streaming Feature – the song streaming feature is just a fancy concept to convince users into participating with hopes of earning money and also, to create an “original concept“. But in actual sense, the streaming feature doesn’t work.
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I created an account with high hopes. I thought it was actually possible to stream songs, only for me to keep getting errors whenever I try to play a song, yet the option to claim the reward kept popping up even without streaming the songs.
That simply means, Elmax is just a repackaged ponzi scam created in a way to disguise and confuse users with the stream songs and earn” concept. In actuality, you don’t even stream any song to earn money. Then how do they intend to generate the money to pay users the high bonuses? Your guess is as good as mine.
2. Unrealistic Payout Structure – Elmax earning structure is too high and unrealistic for a platform that claims to be really paying. On the free plan, the earnings are moderate but when you purchase a paid plan, the earning structure simply shoots off to the sky and it makes critical thinkers doubt the authenticity of the platform.
I mean for a platform you spend just $1 to activate a plan, claiming to give you over $3 per day from not really streaming any song? It reeks of scam and waste of time. I feel they just put up a highly enticing offer to lure users into depositing money. Imagine 1,000 people depositing $1 to them? That’s a lot of fraudulent income!
Additionally on the issue of unrealistic payout structure, they also claim referrers can enjoy 50% of their referrals income. How realistic does it sound to you? It sounds crazy unrealistic to me in all honesty and unusually high payout structure is a valid enough reason to steer clear of an earning site or platform not to mention one that involves spending your own money.
3. No Withdrawal Without Deposit – while it’s not clearly mentioned anywhere on the webpage that users have to purchase a plan before withdrawing, I did the maths myself and arrived at the conclusion that users have to buy their paid plan.
Firstly, the minimum withdrawal threshold is $15 meaning you need to earn up to this amount before you can request for payment. On the free plan, you can only stream two songs daily and from the amounts attached to the songs, you earn anywhere between $0.20 – $0.70 per day, in 15 days of the free plan validity, you won’t be able to reach the threshold.
So if you were participating with hopes of withdrawing without buying a plan, it’s best to retrace your steps and quit now instead of wasting more time on a futile exercise.
Earning platforms that make it compulsory that users must spend to earn either directly or indirectly are usually scam and as such, shouldn’t be taken seriously. For for your own good, steer clear of Elmax.
Pros
There is actually no upside of proceeding with sign-up on Elmax. It’s a fake earning site created with a fraudulent motive.
Cons
- High withdrawal threshold
- Compulsory deposit before withdrawal
- Low or impossible chances of actually getting paid
- False claims of music streaming
Conclusion
Elmax.com.ng is not legit! The glaring signs I see at the moment are as RED as they can be. Therefore, if you had plans to purchase one of their paid plans, I would suggest you reconsider and if you even have plans to continue using the free plan, you are most likely wasting your time cause what’s the essence of participating when you won’t be able to earn up to the cashout threshold?
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You can actually deposit from your cash on the platform doesn’t have to be from your bank account
Hi please have you withdrawn from this elmax before
Is it legit
I just started it
Please I want to know
Elmax is a big scam,I beg y’all to stay away from it
The main withdrawal date was 22nd of December,2024. Trying to withdraw,it says you can’t withdraw cus you don’t have streaming license which means you’ve to pay a certain amount before you withdraw. After making the payment of 2,100, still showing the same error & I’ve written many emails to their customer support but no response at all…please y’all should stay away from Elmax