Capricorn.com.ng Review: Legit Or Scam? (In-depth Analysis)

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Capricorn review

Capricorn.com.ng is a so called earning website that claims to be rewarding users financially when they complete simple tasks and refer others to join. The platform has been around for a while and there are some payment proof available on the Internet but upon closer examination and analysis, I discovered that the site is not legit.

Key Takeaways

  • Capricorn.com.ng claims to be a task earning website where users view ads, share sponsored posts and refer to earn money but upon closer investigation, I discovered the site is just built for ads with no plans to pay anyone.
  • The website URL was registered in June, but the platform started operating towards the end of October.
  • There is no indication that Capricorn is legit and the main downsides are as follows; high withdrawal threshold, unrealistic payout structure, no way to contact the support team etc.

In this article, we will be having a concise look at how Capricorn works and my take on whether the site is legit or scam. So if you just joined recently but not sure of whether the platform actually pays or not, this article will serve as an eye opener. Just sit tight and enjoy the article while learning something new.

About Capricorn

Capricorn is an online earning platform that claims to be paying users for completing tasks such as clicking on advert links, sharing sponsored posts and finally, referring others. The website was officially registered in June, meaning it’s been around for close to 6 months now.

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The surprising part however, is that it started gaining some level of popularity in recent times with people flaunting payment proofs and evidence of payment receipts from the platform. It is the increasing popularity that prompted me to start digging deep into the working principles and to know if the site is real or not, in order to help answer the burning questions on the mind of users.

How Does It Work?

Completing tasks on capricorn.com.ng

As a task earning website, the main ways of earning include, sharing sponsored post, viewing adverts and finally referring others to the platform. Below is a full breakdown of the various earning methods on capricorn;

1. Sharing Sponsored Posts – when you share sponsored posts to your social media accounts on a daily basis, you earn 500 naira for doing so. This is one of the main ways of earning on Capricorn and it’s also one of the easiest. To earn, simply click on the SPPOST feature on the dashboard, then tap on the “share & earn” and the earnings will be added to your balance.

2. Completing Tasks – there is a task tab on the dashboard and when you complete the tasks, you earn up to 3,000 naira per day. The tasks involves clicking on an advert link; immediately you tap on it and the page opens, the earning for such ad will be added to your balance. Users earn 500 naira for each task completed.

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How Capricorn referral program works

3. Referrals – as a user, you can earn by referring others to Capricorn. Like I said earlier, spreading the good news of the platform will fetch you an additional 500 naira reward immediately the referral completes the sign up process. There is no form of verification, so it’s pretty easy to accumulate a lot of referrals.

All you are required to do is share the link to the person and get him or her to fill the sign up form. Once that is done your referral income will be added and you can continue accumulating more rewards by referring more people.

Now that is how the platform works, if you have read the article up to this point, I bet the next question on your mind is how to withdraw the earnings. This is exactly where it starts getting interesting because, there are certain factors that show the platform could be a scam.

Withdrawal Process

To withdraw money on Capricorn, you need to tap on the Cash Out button on your dashboard and proceed to select the balance you wish to withdraw from.

If you intend to withdraw from the activity balance i.e. The earnings from your various activities and task completion, then you must have at least 40,000 naira and for referral earnings, you need to have 50,000 and above.

There are certain days set out for withdrawal and it’s once every month. So don’t expect to withdraw at anytime you reach the threshold.

Verdict

Capricorn is not legit. There are various reasons to believe so and we will go over some of them shortly. But some of the general indications include, the fact that their minimum withdrawal threshold is high, the payment date is fixed and also, the fact that the earnings are too high to be realistic.

Let’s be honest right now, websites like this are commonly known to ad sites, created for the sole purpose of generating revenue from visitors, promise them amazing bonuses and rewards only to ghost them at the end of the day i.e. When it’s time to withdraw.

That being said, let’s go over some of the factors that convinced me otherwise regarding the legitimacy of Capricorn;

1. Unrealistic Payout Structure – according to the information on the site, users get paid for completing tasks, referring others and sharing sponsored posts. The tricky part however is, the amount being given to users for completing tasks.

Users get paid 500 naira for each task completed and with the number of tasks users are expected to complete, they should be expecting 3,000 naira per day including the daily check-in bonus and sponsored posts. If you do the calculation, you will see that the rewards are just too high to be realistic especially coming from a platform that is completely free of charge.

There’s a popular saying that, if something is too good to be true, then it’s most likely not true. If you are going to continue participating regardless of what we discuss on this piece, then do well to reduce your expectations.

Capricorn minimum withdrawal

2. High withdrawal threshold – it’s common for websites like Capricorn to have a high withdrawal threshold. The reason is simple, they have no plans to pay anyone and having a lower withdrawal amount makes it much more easier for people to reach this threshold but with a very high amount, users will struggle to reach the amount thus making them spend more time on the site, generate more money for them.

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The affiliate earnings threshold is 50,000 while that of activity is 40,000 naira, a free site that intends to pay users can’t have this kind of withdrawal threshold.

3. False Payment Proof Being Shared on Social media platforms. I got to know about Capricorn when I saw some withdrawal proofs and payment evidence being posted by others on social media. But upon closer investigation, I discovered that most of the payment proofs are fake and being recycled by people for the sake of referrals.

If you have plans to join the platform due to the payment proofs you’ve seen, then it’s best to rethink that idea. Reason is, the project kicked off towards the end of October and since then, they’ve not announced a withdrawal date, therefore it is not possible for users to have withdrawn.

It’s a typical act for scam websites like this to always promote false payment proofs, it’s done to attract as many users as possible, because the more number they are able to attract, the more money they generate from adverts.

4. Website loading speed is terribly poor. For a website that claims to be paying out so much money, the least they would have done is to run on a dedicated server. But, that’s not the case on capricorn, despite their earning claims, the website still loads terribly slow.

5. No way to contact customer support for questions or inquiries and to top it all up, their telegram channel is being run by a faceless individual that can’t be contacted or messaged in any way. It’s typical of scam websites that have no intention to pay anyone to not have a customer support.

 

Pros Pros

Based on analysis, there is nothing good or beneficial about Capricorn. The website was created for the sole purpose of generating ad revenue from activities of users thus the nature of tasks.

Cons Cons

  • High withdrawal threshold
  • Unrealistic payout structure
  • Fake payment proofs being promoted by individuals
  • Website loading speed is very poor
  • No way to reach the support representatives

Conclusion

There is every reason to steer clear of capricorn.com.ng; no user has been paid and there’s no indication that anyone’s going to get paid at the end of the day. I have wealth of experience with online earning websites and as such, I have profound knowledge of platforms that are legit and the ones that are not.

Thanks, share and do well to join our telegram channel for more interesting updates and reviews.

About Author

  • Eric Chidi, AKA ErickssonDGreat, is a seasoned writer who specializes in delivering unbiased reviews to readers. Eric’s content is informative, honest and free of any form of prejudice, join me as we navigate through the pros and cons of various online money making schemes to enable you make the right decision at all times.Ericksson Loves You! ❤️

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