Do you know that GramFree is a GPT (Get Paid To) website and a brand new Cryptocurrency Airdrop for simple earning? In this article, we’ll go over what GramFree is, how does it work, how to profit from it or if it’s real or fake.
GramFree – What it is?
GramFree is a GPT website, a ‘get paid to’ site, in which users are compensated with in-game currency as rewards for doing allotted tasks. Users receive ‘grams’, which then they can utilize further for cashing out.
Here is a list of activities against which the websites reward their users with grams:
- Referring and inviting new users to the website
- Entering or participating in a daily lottery
- Signing smart contracts to earn various rewards
- Depositing money
- Watching videos
Common these days in most of these similar websites, ad revenue is the main source of revenue and profit generation for GramFree. But as a user, the main question is the ‘how’ part. How exactly does the website work? If you have similar questions in mind, don’t worry. We’ve got you covered.
We’ll cover in this article how GramFree works, and whether this is a legitimate source of income for the interested, or is a cryptocurrency scam. We’ll also cover how to navigate this website and its dashboard, participate in its various activities, and workaround various corners.
Stepping in – Registration and dashboard
Like any other website, the first step is its registration. After being registered, the website takes you to its GramFree World homepage. This is the main dashboard or the home screen. A picture of this layout is below:
On the left pane of this layout are various options which can be accessed. Out of these options, it is noticeable that all of the options discussed above in list form are mentioned here such as smart contracts, the lottery, videos and referrals.
We will go into each of these options, step by step. The first one is Smart Contracts.
Smart Contracts
GramFree Smart Contracts, available for the user to sign daily, are a unique feature of the website. If the user chooses to take a contract, he is given a timer that counts down. As the timer reaches its finishing figure, the user must sign again. Each smart contract must be signed a certain given number of times for the user to generate and receive payment.
There are two types of Smart Contracts available in the GramFree domain. They are:
As can be seen, standard contracts are worth 0.05 grams and risky contracts are 1.0 grams. They are called risky as the user will lose 2 grams if he does not sign the contract, whenever the timer finishes.
For the first-timer this can be confusing or overwhelming. A snapshot of the Smart Contract is given below:
Smart contracts are an integral and vital part of GramFree. Users can be confused as they do not operate as standard crypto contracts, but their purpose is:
- To make the user interested and invested in the project.
- To reward and gift the user in grams as a way to earn loyalty.
GramFree Lottery
The user can enter the lottery which is available every 7 – 24 hours. Depending on the status of the user, this may change. If the user wins the lottery, he has the chance to be rewarded with 1 gram to 5,000 grams as standard with any other lottery.
But the real question remains, is it rigged or is it possible to win the lottery and gain big bucks.
Up until now, it seems that while it is possible to see the results of various other lottery entrants on the website, it is highly probable the lottery is rigged against users. The user can occasionally win small numbers of grams, but it is very likely to gather any more than that or the top prize.
After being tested, the lottery has been confirmed to be rigged, and the probability of winning are very, very low – and is not proportional to the number or how many tickets the user buys.
Videos and Referrals
Videos and referrals are the next medium to reward users against usage. These are submitted by the users themselves and are designed to try and lure more eyeballs to the website.
The videos are about GramFree itself – which is either a terrible marketing gimmick or another effort to the ever-popular sunk cost fallacy.
Rewards include 0.1 Grams for each view and 5.0 Grams for each submitted video content.
Referrals also reward users with 10 grams for each referral. It is found that these referrals aren’t what they seem, as the user only can claim grams when the referred user reaches a user status level 2.
The Money Factor – Reality
With attractive graphics, open language, and good designs, GramFree presents itself as a community.
GramFree uses grams – a new cryptocurrency. The website itself is not a cryptocurrency technology, as Telegram developed their grams for their Telegram Open Network project. The website sells grams to their users at the least cost of $1,000 a user. The user is also charged a withdrawal fee when they withdraw their grams.
The user is also charged a withdrawal fee when they withdraw their grams.
How to earn from GramFree
The pre-requisite for GramFree users is that the user is only paid after they earn over 500 grams. To earn these grams, they would need to undergo various activities such as undergoing and signing smart contracts, entering and participating in the daily lottery and investing in grams themselves, which directly costs $1,000.
After all, what are Grams?
On GramFree’s website, the users receive grams as their reward or payment. Users are also told they can exchange grams for real money.
Grams are not a proper cryptocurrency, because they are not yet fully developed. As of September, 1 gram equals $0.0000326 USD. But even so, grams earned from the GramFree website are completely useless and worthless unless the user’s cash out. An equivalent of $15,337,423 needs to be made on GramFree in order for anyone to make a cash out transaction.
The minimal figure of $1,000 a time is required for ‘cashout’, as depicted in the snapshot below:
Are these payments legit or not?
There are many GramFree video posts of people receiving their grams and testifying their receipts. These videos are real, but the pinch behind it is that the user would have to lose money in order to withdraw from the website. This is because they can only invest in grams $1,000 at a time. The users will also need to spend over 2 months or 60 days on the GramFree website to make enough money to meet the pre-requisite to withdraw.
Is GramFree Legit?
GramFree is an unregistered financial investment. Being unregistered means there is risk involved and no controlling or monitoring authority over it. This further means that there is no guarantee its users may receive any money they earn. As It is also not part of a registered business, GramFree website can be safely said to be not legit.
GramFree – real or fake?
Although testimonies on the website being hosted are real, their website is also real, but overall it is a scam. The users have to dedicate more than a couple of months to meet the requirements to withdraw their cash, and the chances of making a profit on that cashback are very low indeed.
Verdict
Any enterprise which makes a profit by misguiding its users or defrauding or exploiting them is called a scam. GramFree easily sits under this category. GPT (Get Paid To) websites reward users for vouching for them online – making it natural to be very cautious when reading online reviews of GramFree. This makes it highly probable for the reviewer to falsely spread fake and false reviews about the website in hopes to get paid.
It is almost impossible and extremely difficult to earn money or make a profit from GramFree. It may sound very easy to make 500 grams, which is the minimal limit for a ‘cashout’, but it is not. In order to meet this demand, it would take an average user over 60 days doing the tasks mentioned above. Signing contracts, recruiting people or entering lotteries while watching videos only enable you to spend an enormous amount of time while the website rewards minimal currency (worthy inside but not so much outside).
Sealing the lid on the suspicion on GramFree.world arises from the anonymity of the website domain. The listing has no one as the owner, and there is no management team for the website or to cater to users. The website was registered on the 27th of March, 2020 and from Panama. It is also not affiliated with Telegram
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