Making money from music sounds like a pretty easy deal, especially when all you’re supposedly required to do is listen to songs and complete a few simple tasks. That’s the idea behind Shazam, a platform found at shazam.rest that claims users can earn daily profits by taking part in music-related activities.
But how does it actually work, and can you really make the kind of money it promises? In this review, we’ll take a closer look at the platform, including how to sign up, its VIP levels, referral bonuses, and, most importantly, whether Shazam is legitimate or something you should be careful with.
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About Shazam.rest
According to its own promotional material, Shazam describes itself as the world’s leading music discovery platform. It claims to use cutting-edge AI and audio recognition technology to connect people with the music they love. On the surface, it uses the branding of the well-known Shazam app to look professional.
On the flip side, once you get inside the platform, it functions more like an investment and task-based site. Instead of just identifying songs, users are prompted to buy VIP levels and complete daily tasks, like clicking on music icons, to generate a daily income.
How To Create An Account On Shazam
Creating an account doesn’t require much information. On the registration page, you’ll be asked to provide a valid phone number, create a login password, and enter it again to confirm. There is also a referral code field, which may already be filled in if you joined through someone else’s invitation link.Â
Once you have entered the required details, simply click “Register now” to create your account and access the dashboard, where you can check out the available tasks.
How Users Make Money On Shazam
1. Invest To Earn (VIP Levels)
The platform uses a VIP system to determine how much users can earn. There is a free Intern level, but the earning potential at that stage is quite low.Â
To access higher payouts, users are encouraged to pay an activation fee and move up to the paid VIP levels. VIP1 costs ₦15,800 and comes with 3 daily tasks, with a claimed daily profit of ₦720.Â
At VIP4, the cost jumps to ₦990,000, giving users 10 tasks a day and a claimed ₦49,500 daily profit. The highest level, VIP9, requires a massive ₦28.8 million and promises an impressive ₦1.44 million every day.
2. Centre of Wealth
Besides daily tasks, there is a “Centre of Wealth” section. This works like a fixed-term deposit where you lock away your money for 3, 12, 30, or 90 days. The promised interest rates range from 4.89% to 9.99%, depending on how long you leave the money in the storage period.
3. Referral IncentivesÂ
Shazam also gives users an incentive to grow their team by inviting other people. The platform uses a three-level commission structure, so you can earn from different layers of your referral network.Â
Level 1 pays 10% of the earnings generated by people you invite directly. Level 2 gives you 3% from people brought in by your direct referrals, while Level 3 adds another 1% from the next layer.
On top of these commissions, there are also growth rewards for users who reach certain invitation targets. For example, inviting 2 people can reportedly earn you ₦2,222, while reaching 6 invites can bring a ₦7,777 reward.
How To Make DepositÂ
To upgrade your account or invest, you must recharge your balance. The platform supports payment methods labelled PAY-D, PAY-N, and PAY-W. The minimum deposit amount is 2,000 NGN, and the system claims to have a 0% handling fee for these deposits.
Withdrawal Process
Getting your earnings out requires using the My Wallet section of the platform. The minimum amount you can withdraw is ₦2,000, and a tax or processing fee is deducted from the withdrawal.
For example, the platform mentions a ₦200 charge on a ₦2,000 withdrawal. Bank withdrawals are reportedly processed between 9:00 am and 5:00 pm on working days. Before making a withdrawal, you will also need to set up a fund password, which is required to complete the payout request.
Is Shazam Legit Or Not?
No, Shazam does not look like a fully legit investment platform. The way the business is set up raises some doubts about whether it can really last.
For starters, the platform is clearly impersonating the real Shazam app (which is owned by Apple) to gain trust. The real Shazam is a tool for identifying music and does not pay users 1.4 million Naira a day to click on icons. This type of brand hijacking is a major red flag.
Also, the business is an example of a Ponzi-style scheme. The profits being promised, especially at the higher VIP levels, are mathematically unsustainable. No real business can afford to pay out millions of Naira daily just for clicking a few buttons. This suggests that the money paid to older members is simply coming from the recharge fees of new members.
Conclusion
Shazam claims to be a music discovery giant, but it is actually a high-risk task-based investment site. While it might allow small initial withdrawals to look real, the massive investment requirements for higher VIP levels and the lack of a real product make it very dangerous.Â
It is essentially a deposit-based system that uses a famous name to lure in beginners. It is best to be extremely careful and avoid putting large sums of money into sites that promise returns too good to be true for simple tasks.
You can join our community through our WhatsApp group chat or Telegram channel to learn more about online platforms and also avoid being scammed easily.Â
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