The app uses a pyramid scheme that allows users to earn up to $ 110, but there seems to be problems in cashing out their prizes.
TikTok has a new competitor: Zynn , an almost perfect clone that differs in one particular: it pays users to subscribe, watch videos and invite other friends .
The app was launched in early May and, as noted by Mashable, is now the number one free app in the App Store and among the top 10 also on the Google Play Store.
Zynn is completely a TikTok clone. The main interface is identical and both are geared towards watching short videos in portrait orientation. The big distinction is a countdown with a dollar sign in the middle of every video on Zynn.
As we watch the videos, the timer fills up and gives us points, which we should be able to redeem later for cash or gift certificates.
The other reason why the app has grown in popularity is due to the fact that it uses a pyramid scheme . Zynn currently offers up to $ 110 for users who invite five friends to also sign up for the app. Of course, the user will only get that particular amount if those five friends continue to use the app on a regular basis after the initial registration.
However, some users are having problems collecting their rewards.
As Turner Novak, a limited partner of Gelt Venture Capital on Twitter, pointed out, Zynn appears to be using a pyramid scheme. The options presented when you are ready to withdraw your “Zynn earnings” also seem to intentionally make it difficult to take your money and leave.
Now that Zynn is gaining attention, time will tell if Apple will allow him to stay on the App Store with his pyramid system.
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