Miloboom is a so called task earning platform that rewards users when they complete certain activities on a daily basis. The website url is miloboom.com and ever since launch, it’s garnered some significant amount of attention due to the 2,000 naira registration bonus and the easy earning structure typical of sites like it. But the main question on most people’s minds is, whether it is a legit earning site or not?

Key Takeaways

• Miloboom is a task earning website that rewards users for completing simple tasks and activities on a daily basis.
• From my analysis, I don’t think miloboom is legit. It’s more like a waste of time judging from the way and manner users are given any bonuses, no free site gives away bonuses so easily.
• The main red flags or downsides of participating are; high minimum threshold, fixed payment date, no way to reach support system.

So I would be both providing the answer to this very key question and having a look at the various earning methods, how miloboom works and finally, the reasons for my conclusion regarding its legitimacy status. If you are here for answers, I would say you are on the right page.

About miloboom

Miloboom is a task earning website created on the 27th of December or better put Kickstarted activities on this date and ever since, they have gained good number of users who are constantly completing tasks to earn money.

What makes everything unique and surprising is the fact that, every new user is given 2,000 naira and expected to complete these simple activities, build your earnings up to the minimum withdrawal threshold and wait for the payment date.

Speaking of “tasks”, you don’t get equal reward for all tasks completed. As there are certain activities with less reward and the ones with the most rewards.

Breakdown of Earnings

Miloboom has a good number of earning methods and here is a detailed analysis;

1. Sponsored posts – when you share sponsored posts on a daily basis i.e. when uploaded, you earn money. The sponsored task happens to be the most rewarding activity to do on the platform and it is arguably the most stressful amongst the two. Since you have to share to your social media pages to earn some money.

2. Referrals – when you refer others to miloboom, you stand a chance of earning close to 60,000 naira cumulatively depending on how many people you are able to convince. Currently, referrers are given 200 naira for each referral invited and the earning potential is “limitless”. So the more people you refer, the more you climb the leaderboard to secure higher rewards every week in their own words.

3. Click to Earn – this has to do with clicking on advert links to earn some money. When you click on the provided link, you earn some extra rewards as well.

4. Watch to earn and read to earn are two other means of earning money on miloboom. When you read news, you earn 20 naira per article opened.

Withdrawal Requirements

This is where the problem starts, firstly you can’t withdraw until you’ve earned up to 20,000 naira.

Additionally, there is a fixed payment date, from the payment page one can easily deduce that the so called next payment will start before then. So even if you are able to hit the threshold before the date, you would have to wait till the withdrawal portal is opened.

Is miloboom Legit?

Miloboom is not a legit earning website. It’s normal for a site to claim to be free-to-earn entirely, but then, no free website gives users a reg bonus of 2,000 naira with highly rewarding tasks to complete the earnings.

The first common sign that proved to me that, miloboom may not be legit is the too good to be true rewards. The registration bonus to start with and the referral bonus including the various ways of earning. Most free-to-earn sites that do pay usually don’t have all these features.

Also Read: Is Kudihub.com.ng Legit or Scam? (Why it’s in Doubt)

These fraudulent individuals intentionally make the rewards very juicy to lure in a lot of users, keep them active by telling them to click on ad links to earn money and at the end ghost them when it times for payment.

Secondly, fixed payment date is another common indication that miloboom may not be legit. Most of these fake earning sites intentionally fix a payment date to buy more time. Websites like this are created for just one time ad revenue cash out and the administrators knowing fully well that if they fail to honour payments, the site will become notorious, intentionally fix a distant payment date to buy more time.

Most earning sites with a fixed payment date are scam or a waste of time if you didn’t add any money to earn the so called income. So for your own good, I would suggest you steer clear regardless of the testimonials you have been probably seeing on social media.

Thirdly, the minimum withdrawal threshold is slightly on the high side. I have personally reviewed a couple of free-to-earn site and trust me, the minimum withdrawal threshold is usually very low but that’s not the case on miloboom as their minimum threshold is pegged at 20,000 in the bid to stop users from even being able to reach this minimum.

Lastly, miloboom has no support system. Even if you join their telegram channel they intentionally operate a ghost profile to keep people from messaging them or complaining to them when they intentionally fail to pay. So for your own good, save yourself the time and energy.

Channel the energy you would have used for this sham into something more worthwhile.

Red Flags

Here is a summary of the red flags or reasons not to participate;

1. High minimum withdrawal amount pegged at 20,000 naira.

2. Fixed payment date.

3. No customer support system in case of complaints.

4. Unrealistic Payout structure. Imagine being given 2,000 naira registration bonus, referral income and many other offers typical of a fake person.

5. No form of phone or email verification when compared to other legit earning platforms.

Conclusion

Miloboom.com in my opinion is not legit. It ticks the boxes of many other fake earning sites I’ve reviewed in the past. Flaws like fixed payment date, high threshold, unrealistic payout structure are common mistakes the administrators of these websites experience. Therefore, it’s best to just stay away from the site unless you just want to give it a try.