Myiyo Review: Is It A Trustworthy Platform To Earn Money?
Earning money with online surveys has become relatively popular these days.
If you are looking for ways to earn money through survey participation, chances are, you have discovered a platform known as Myiyo.
Maybe your friends told you about this unique company and encourage you to join.
Today, I will be reviewing Myiyo from a member's perspective.
We will find out its overview, its worthiness, my take on its pros and cons, as well as the truth of its earning aspect.
After that, you can decide for yourself whether Myiyo is suitable for you or otherwise.
Are you ready?
Let's begin the discovery journey without further ado.
Myiyo Review Summary
Company: mo’web Research
Price: Free to join
What Is Myiyo?
Myiyo is essentially a survey company that serves the "get paid to" industry.
Founded back in 2004, this company has been around for more than a decade.
Fourteen years to be exact at the time of writing.
A phenomenal achievement, in my opinion.
Myiyo offers the opportunity to earn money through survey participation.
To simplify the task participation, this company also syncs with its mobile app platforms through the Android and IOS mobile operating system.
Meaning that any survey task availability will be notified through the smartphone notification area.
One thing to take note is that Myiyo doesn't accept members from every country worldwide.
Only selected countries are accepted.
Here are all the counties that Myiyo accepts.
If you are residing in any of the above countries, you are welcome to be a member of Myiyo.
How Do You Earn With Myiyo?
Before you are offered the eligibility to earn with Myiyo, you are required to fill up a registration.
Here's an example of the basic form where you submit your particulars.
Do note that you need to provide all the information as precisely as possible for your profile.
This step is to ensure the accuracy as well as the frequency of specific surveys available for participation.
As a token of appreciation, you will be rewarded with 500 points that are redeemable for real money.
(I will elaborate more on the points in just a moment)
Also, don't forget to download its mobile app for the real time survey task notifications.
Next, let's discover how you can earn with Myiyo.
At the core, Myiyo offers the opportunity to earn through survey participation, here are the more specific breakdowns.
Paid surveys participation
This task is arguably the flagship and the main course of the earning opportunity offered.
With the paid surveys, you are ensured of the premium advertiser's surveys.
All you need to do is to answer all the questions honestly.
Depending on your area of interest and industry, the type of surveys may vary.
Also, do note that any qualified surveys will be sent directly to your registered email address.
So, do check your inbox regularly.
Another way to get notified of the available surveys is through Myiyo's proprietary mobile app.
You will be notified of any available survey directly through your phone's notification bar.
After the task completion, a certain amount of points will be rewarded based on the survey's length and difficulty.
Refer your friends to join
One of the most attractive ways to maximize earning with any GPT platform is through the referring program.
It's no different with Myiyo.
You can refer your friends and family members to join directly through your unique referral link.
Besides, you can also share your link with your social media followers.
Whenever someone joins through your unique link, you will be rewarded with 500 points equivalent to €0.50.
So as you can see, the reward is relatively satisfying.
If you have the skill to convince people, your income could be potentially maximized.
How Do You Get Paid?
One of the best traits of Myiyo is actually its partnership with PayPal.
This is the payment processor responsible for all the withdrawal transaction within Myiyo.
Myiyo has set the withdrawal threshold at €20.
Meaning that there a requirement to accumulate 20000 points to unlock the withdrawal eligibility.
Can You Earn With Myiyo?
Earning money with survey participation really depends on luck extensively.
It's also highly dependant on the advertisers' pay rate.
It's the same for most of the GPT survey platforms.
Unmistakably, Myiyo belongs to the same category as well.
In this section, let's examine the earning potential so that you can grasp the earning benchmark.
A quick disclaimer: The following calculations are based on the assumed scenario. They don't necessarily represent the actual earnable income. Actual income may vary based on various uncontrollable variables.
So, let's do some maths here.
Say you are offered eight survey tasks on a weekly basis.
Here are the predicted receivable points.
Task #1 - 800 points
Task #2 - 250 points
Task #3 - 500 points
Task #4 - 350 points
Task #5 - 450 points
Task #6 - 600 points
Task #7 - 150 points
Task #8 - 300 points
Your weekly earning is equivalent to:
800+250+500+350+450+600+150+300 = 3400 points
Let's multiply this amount by 4.
3400*4 = 13600 points
Since every point is equivalent to €0.0001, we will multiply 13600 with €0.0001 to get the final amount which is €13.60.
So, as you can see, your monthly income estimation is approximately €13.60.
This is not the exact representable amount, rather a benchmark of the earning potential.
Your income could be significantly increased if you refer your friends to join.
Also, earnable income could be increased or decreased based on the survey task frequency as well as the pay rate.
€13.60 could be very dissatisfying and it may not meet your earning expectation.
That's the reality of the typical earning trait of "get paid to" platforms.
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The Pros - What I like About Myiyo
The Cons - What I Dislike About Myiyo
Is Myiyo A Scam?
Myiyo is not a scam, in my opinion.
It has been around since 2004 and is still progressing positively.
The only thing that you should be concerning is the low income potential.
Making money with Myiyo is not going to sustain your living expenses in the short and long term.
Its worthiness is also questionable due to this fact alone.
However, if you are merely here to spend time to eliminate boredom, or to complete some tasks for fun to earn some extra income, Myiyo is there for you.
Let's take a look at the genuine feedback of a satisfied member.
As you can see, this member talked about the survey availability.
Income can be maximized if you are hardworking to complete every survey.
It also took him some time to reach the minimum withdrawal threshold.
However, not every member has the same number of survey tasks.
Here's one feedback example.
As you can see, this member was having a difficult moment to earn due to the lack of survey tasks.
Personally, I think the number of surveys you could potentially receive is highly luck driven.
It also depends on your industry as well as your demographics.
To sum it up, Myiyo is not a scam but it isn't worthy of your time, in my opinion.
My Final Thoughts
Making money with paid survey websites can be considered a blessing and a curse.
It really depends on how you define and approach this industry.
Besides, it's also about your prioritization.
Do you really want to earn money completing surveys?
Yes, you certainly get to earn some bucks but that's all about it.
The income that you could potentially earn with Myiyo is too little.
Think about it for a moment, is it worth your time completing surveys just to earn a few meals?
Myiyo is undoubtedly a survey company that has established its traction within the GPT arena.
That's an acclaimable positive trait.
If you examine Myiyo from the earning perspective, it's a completely different scenario.
I'm sure you will agree with me.
Myiyo is a platform to be avoided not because of the flaws, rather its questionable time and effort worthiness.
Now, if you are here seeking to make real money online, then, I highly suggest you check out the affiliate marketing business model.
An online business based on website and content creation.
It's also a business model scalable for long term financial success.
I'm sure you want to make money substantially and sustainably right?
I hope you find this review article informative.
If you still have any questions related to Myiyo, feel free to leave me comments below.