There's a New App That Supposedly Pays You to Watch Videos
Updated May 27 2020, 8:30 p.m. ET
Word is going around about an easy way to make money online. It involves watching TikTok-like videos and an app called Zynn. Zynn is a brand new app that's a mix between TikTok and Instagram and it allegedly pays you to watch and create short-form videos. Zynn also pays you when you refer friends to the app (so, basically like a pyramid scheme). If you're wondering if this is legit, read on to learn exactly how Zynn works — and if it's even worth your time.
Can you really make money watching TikTok videos on Zynn?
According to several people who have used Zynn (which is a real app, FYI), you can make a bit of cash watching and creating videos, as well as referring users. In this Reddit thread, user Shaylinro7777 states that Zynn is "a platform mostly like TikTok, you can watch videos, upload videos and comment, follow, etc. just like TikTok but it rewards you for watching the videos, much like Buzzbreak where you earn points for reading and browsing articles and news (which is kinda slow earning but super easy) and the circle fills up at the bottom when it's full you can claim the rewards."
In order to get paid, you need to set your PayPal up with Zynn and simply start watching videos uploaded by users. According to this app review blog, every time you watch 20 seconds of a video, you earn points that you later trade in for cash. "You earn about ~40-70 points each time the meter fills up, and every 6 times the meter fills up you receive a jackpot that gives ~300-400 points. $1 = 10,000 points, which sounds like a lot, but you'd be surprised how fast they add up."
Aside from watching videos, you can actually earn the most money by signing up the first time (you need to be based in the U.S.) and referring people. By signing up, you'll make one dollar. Apparently Zynn will randomly "award" two new users a day with $20 for signing up, but it's unclear how to definitely prove this. You then allegedly get $6 a referral (who verifies their account and watches videos), $10 for every five people you refer, and then a bonus $2 for each person you recruited if they stay active.
Is Zynn a scam?
Zynn is seemingly not a scam, but it looks like it may be a pyramid scheme. And since it's so new, it's unclear whether the business model is sustainable. Furthermore, YouTuber Tech Hustler stated that the new app technically works, but has been glitchy. You're also not allowed to withdraw all your cash at once. But he was able to successfully make a $50 withdrawal, which he posted to his video.
It also seems like Zynn has branched out and is using gift cards to pay its users (maybe because they're running out of cash?). A tweet from Zynn states, "We are happy to announce our new Gift Card feature. Users within the United States can now redeem their accumulated Rewards for gift cards that can be spent on a dozen various stores, including Amazon, Target..."
Zynn is currently all over Twitter.
Twitter users are using the platform to try to refer people en masse.
Twitter user Turner Novak is convinced that the app is being "bankrolled" by TikTok's rivals, writing, "A TikTok clone called Zynn suddenly appeared at the top of the US App Store today. It looks like a giant referral pyramid scheme, but also may be getting bankrolled by one of TikTok's biggest rivals in China, which just raised $2 billion from one of its OTHER rivals." This hasn't been confirmed.
You can download Zynn in the Apple App Store and on Google Play. Most likely, you won't become a millionaire over night. But you may stand to make a couple bucks!