Is Encoraglobal.net A Scam? My Thought On It’s Legitimacy

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Is encoraglobal legit or scam?

Encoraglobal is a task earning website that was launched a couple of weeks ago. It claims to be rewarding users financially for completing tasks such as, spinning a wheel, sharing or participating in their sponsored posts/task and finally, referring others. Due to it’s increasing popularity amongst people on social media, I decided to dig deeper into how the platform works and in my opinion, it may not be suitable for people without referrals.

In this age and time, people are always on the Internet searching for alternative sources of income; at least to help solve some of their basic needs and reduce the over dependence on salaries. But most task earning websites especially free ones seem to be a waste of time at the end. So in this article, we will go over all there is to know about encoraglobal and also, my thoughts regarding its legitimacy.

If you had plans to join, then this article will certainly serve as an eye opener to you as we will go over some of the pros and cons alongside the detailed analysis of how it works.

About Encoraglobal

Encoraglobal is an online earning platform where users complete tasks to earn money. Users earn in tron (trx) when they participate in sponsored ads or tasks and also, when they spin the wheel.

The platform was launched on the 20th of October and ever since it’s been on the media, being promoted massively by people who are believed to be influencers but upon closer examination, I discovered most of the posts are from normal every day user and their reasons for constantly sharing advertorials about the platform will be revealed later on.

Breakdown Of Earnings

There are three main ways of earning money on encoraglobal and they are as follows;

Option 1 – Spin the Wheel

Users are given the opportunity to earn extra revenue by spinning the wheel. The spin feature is a limited offer shown to paid users and if you are not fast enough, it can be completely claimed thus leaving you with no way to earn from it.

If you are interested in earning extra money from the spin feature, then endeavour to check the encoraglobal page many times in a day.

Encoraglobal sponsored tasks

Option 2 – Sponsored Tasks

As an online task earning website, users are expected to complete certain tasks in order to earn money. Once you are done purchasing one of the packages, you will automatically be eligible to complete some of the sponsored tasks to earn money.

This is actually the main way of earning on the platform because, the tasks are updated twice or thrice in a day and they claim these are from their partners. Most of the tasks to complete have to do with either joining a telegram group or a WhatsApp group. Meaning it’s very easy and will most likely be less stressful for you.

Depending on the package activated, you can earn a fixed amount per task completed. If you purchased the minimum package of 5,200 naira, then each sponsored task completed will fetch you 0.42 Trx.

Encoraglobal referral program

Option 3 – Referring

Affiliate program is one essential makeup of every online earning website. Reason is, no website can survive or grow without rewarding people who set out to bring in their friends and family to the platform. That’s why, it’s almost impossible not to have a referral program in every earning platform.

On encoraglobal, this is literally the most rewarding way to earn and that’s one of the reasons why alot of people have taken it upon themselves to keep sharing links and promotional contents about the platform to others.

Below is a breakdown of encoraglobal referral program;

How encoraglobal referral program works

  • Refer at least 3 users and earn 1,500 naira
  •  Refer 5 users and earn 3,000 naira
  • Refer 10 users and earn 6,000 naira
  • Refer 15 users and earn 10,000 naira
  •  Refer 20 users and earn 15,000 naira
  • Refer 30 users and earn 20,000 naira
  •  Refer 40 users and earn 30,000 naira
  • Refer 50 users and earn 40,000 naira
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This makes the platform highly rewarding for users who have a large following or team. The more people you convince to participate, the higher your earnings thus making it much more easier for people with many referrals to regain what they deposited.

How to Get Started

To get started, the first step is to create an account on encoraglobal webpage but if you are just learning about the platform from this article and you’ve made up your mind to participate, then simply copy this ref link and register – https://encoraglobal.net/invite/EABB18F453

After registering, you will be given 1 Trx equivalent to 240 naira and to continue earning, you have to deposit money and purchase one of the packages.

If you are interested in participating, click on the Deposit button showing on the dashboard and select the amount, then submit. On the next page, you will be shown various bank account details to send the money into.

How to deposit

Make the necessary transfers and screenshot your evidence of payment as that will be needed to confirm that you’ve made payment.

On the deposit page, you will be provided with an option to upload payment evidence, simply upload the transfer screenshot you saved and wait for approval of your fund.

Encoraglobal packages

It usually takes a couple of hours before the deposited amount will be added to your balance, then you click  on Packages, locate the one that suits the amount deposited and activate it.

Once you are done with the activation of a package, the next step would be to start completing tasks.

How to Complete Tasks on Encoraglobal

Like I said, there are two tasks available, one is known as the Tron spinning mechanism, where you spin a wheel to earn extra rewards. It’s not like you’re staking money to spin, the feature is automatically available for users who have activated a package.

The only problem is that, the spin is usually not available, so you may have to focus on the sponsored tasks.

Click on Tasks on the dashboard, read the content of the sponsored ad and do as you’re instructed. Most of the sponsored tasks have to do with joining a WhatsApp or telegram group, so just join the group and return to the page, refresh and your initial balance will increase.

The amount you earn for each task depends on the package purchased.

Withdrawal Process

The minimum withdrawal is 1,200 naira and users can withdraw as soon as they’ve earned up to this amount.

To request for payment, click on withdraw, enter amount and submit. Payment is not instant but it arrives after sometime.

Final Verdict

Encoraglobal is paying at the time of writing this article. As a matter of fact, it’s been around for a while, with the administrators of their various groups claiming the platform is designed to last very long.

In as much as, there is no denying the fact that it’s paying for now, there’s also no way to dispute the fact that, it’s not going to last as long as they’ve made most unsuspecting users believe. Platforms like this tend to last for a couple of weeks or months before the pressure of paying out the extra rewards gets to their neck and then it stops paying abruptly.

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Therefore, you should always bear in mind that there’s a possibility the website will crash in the future since, it’s designed in a ponzi scheme format.

What is a Ponzi scheme format? Websites that use the money deposited by new users to settle the extra revenue or benefits of existing users are ponzi schemes. This is exactly what encoraglobal does, the only reason why it seems as though they’ve stood the test of time is, the poor payment structure.

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Non-affiliate users are not able to recover the amount spent on purchasing packages fast enough thus giving the platform administrators enough time to pay heavy withdrawals creating the false illusion that people are receiving extra income.

There are numerous downsides of joining encoraglobal and we will go over some of them shortly.

Pros Pros

  • Low minimum withdrawal
  • Not a hit-and-run scheme
  • Active customer support system
  • Clean website layout and smooth navigational experience.

ConsCons

1. Poor Payment Structure – this is one of the most significant downsides of joining the platform. Reason is, non-affiliate users will have a hard time recouping the amount spent on purchasing one of the packages. Due to the fact that, the potential earnings attached to each package is very low, meaning, as a user, it will take you a couple of weeks to be able to get back the money spent on activating a plan.

The only way to bypass this major downside is by referring others and since not everyone has the means to convince others, they are left to wallow in the poor earnings being given to them.

I bought the lowest package priced 5,200 naira and the potential earning from completing tasks is 1.18 trx (equivalent to 240+ naira) after doing the calculation, I found out that, it will take me close to 4 weeks to regain just the amount spent on activating a package.

Going by this calculation, if I am not able to refer others and peradventure, encoraglobal crashes, it means I have completely wasted my time and money. So it’s clearly not a platform for people who don’t have any means to refer others.

It’s affiliate based, thus unsuitable for people who just want to earn passive income on the Internet.

2. Deposit and withdrawal process are manual. This was the first thing I noticed upon trying to fund my wallet. After transferring money to one of the account numbers shown on the dashboard, I had to upload my proof and it took hours before it was approved.

At this age and time, so called earning websites should have an automated system for handling deposits and withdrawals. If you have plans to deposit, bear in mind that it doesn’t reflect instantly due to the fact that, the administrator has to manually confirm your transfer before the money will be added to your account.

Assuming I was aware of this system of operation, I wouldn’t have deposited in the first place, so I’m writing this to inform you in order for you to know what to expect should you proceed with participating.

3. Nature of Tasks – the sponsored tasks have to do with joining WhatsApp groups and telegram channels, thus making it very unsuitable for people who don’t like joining many groups. Therefore, it’s best to participate with a WhatsApp account you don’t take so seriously to avoid clogging your main account with irrelevant groups.

The nature of the tasks on encoraglobal isn’t really appealing, even after completing the task, it still remains on the dashboard.

Conclusion

Encoraglobal has been paying for a while now but there are some significant flaws that you should consider especially if you are going to be participating as a non-affiliate user. The chances of regaining the amount expended on purchasing a package is very slim, so why risk money on something that you are not sure of?

If you must participate, endeavour to do so with money you can afford to lose. Don’t be lured in by the numerous payment proofs and testimonials you see on social media, they are all grinding for referrals and if you follow them blindly, you end up as the scapegoat.

We’ve come to the end of this encoraglobal review! Endeavour to share and join our telegram channel for more interesting reviews and updates.

 

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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