Update 9 June 2014: After being placed on the Watch list for months, now we are moving Ojooo to the Not Recommended list. Ojooo is paying selectively, mostly VIP yearly members. On the other hand, many members are waiting for over 3 months to receive their payouts. I would not recommend Ojooo to new members. The site is experiencing financial issues for months. It is obvious that they can’t pay all members.
Update 4 Mar 2014: Moved to the Watch list due to payout delays. The site is still paying, but not according to their own terms and not everyone is getting paid on time. Newer requests are processed on time, but that’s not the case with older pending payout requests. In some cases, there are delays of 60+ days. Ojooo will remain on the Watch list until these payout issues are resolved and until they get back on track with payments and start to pay all members on time.
Update 20 Feb 2014: There are delays in processing payments at Ojooo. Payments are still being processed but it takes longer. Payments to PayPal take around 15 days and to Payza around 30 days. This is supposedly due to the process of auditing each account before processing the request, in order to insure that no fraud has taken place, as stated in this announcement on their forum. Hopefully they will get back on track with payments in reasonable time. Otherwise, our criteria for ranking sites are clear, long payment delays will result in moving the site to the Watch list.
Downsides of wad.ojooo.com:
Selective Payments; Payout Delays – There are long payment delays, supposedly due to the time they need to audit each account in order to insure that no fraud has taken place. But it has been like that for months, so this is just excuse, it is obvious that the site is experiencing financial issues. Not everyone is getting paid on time, many members are waiting for over 60 days to receive payout.
Self-sponsored Ads – Most of the high value ads displayed at Ojooo are actually self-sponsored ads. Which means the site is paying for these ads, not advertisers. This can be bad on the long run if the site doesn’t generate enough advertising income and may lead to cash flow issues.
Bux Program – Ojooo can be categorized as a Bux site. The “bux” model is unsustainable, proved by hundreds of other failed “bux” sites. Bux sites heavily relies on selling expensive upgrades and renting out referrals to pay members. Bux sites are displaying self sponsored ads with high click rate (the site is paying for this ads, not actual advertisers). Most bux sites will pay at their beginnings, but as the time pass, investors will start making profits, and the site could get into financial problems if they do not generate enough advertising income and usually they don’t.
- Important Info About the Site
- Changes and Updates
- Inactivity Policy – After 30 days of inactivity, your account will be temporarily suspended. 60 days of inactivity will result in loss of the right to restore your account.
- Script: Gen4
- Owner: Michael Thees (Germany)
- June 9, 2014 – Moved to the Not Recommended list due to payout delays and selective payments.
- March 4, 2014 – Moved to the Watch list due to payout delays.
- October 8, 2013 – Review published, site added to the New Sites List.
Review Bottom Line:
There are selective payments and payout delays at Ojooo. The site is not paying according to their terms. Not everyone is getting paid on time, many members have been waiting for over 60 days or more to receive their payments. As a precaution Ojooo was moved to the Watch list but as no improvements were made during that period, now we are moving them to the Not Recommended list. I would not recommend Ojooo to new members.