MyLot - Make Money Starting Discussions

If you’ve ever wanted to get paid for the time you spend dishing out quality advice to helpless, anonymous people over the internet, now’s your chance. myLOT is a online community that discusses a wide variety of topics.

Basically, it’s structured like Yahoo Answers. You pop in, ask a question or take a look at the available questions and answer them. Interaction with other users is pretty lively, largely because myLOT will pay you to start or participate in any ongoing discussion.

You’ll earn money every time an uploaded image of yours is viewed or when you reply to anyone’s questions. Interesting isn’t it? Here are some notes from their FAQ:

How does this work?

We have implemented a system to give everyone who uses the internet the ability to make money. The idea is pretty simple - if you contribute to the myLot Community - whether it is by posting a new discussion, responding to a current discussion, commenting on a current discussion, or referring friends, you earn money.

We pay each and every member of myLot based on their level of activity. As stated previously all you need to do is sign up for a myLot account and we do the rest.

How do I get Paid?

Get paid monthly with minimum account balance of $10 and carry forward of unpaid amounts. You have the option to increase your minimum payment to $25, $50 or $100.

All payments will be in US dollars and made via PayPal or iKobo, depending on the country you reside in. All users will be required to have a valid PayPal or iKobo account.

MYLOT REVIEW

Familiar with Yahoo Answers? myLOT is pretty much like Yahoo Answers except it sorta offers more opportunities for social networking. The site is very easy to use and the interface isn’t cluttered with ads, which is always a good thing.

How much do they pay? I started 5 discussions and made around 5 replies to other people’s questions and earned 10 cents the next day. You basically earn through participating in discussions and your referrals. I found the site to be pretty alright, although some members of the community flash their referral links in always every post they reply.

I guess it’s too be expected when you’re in a community where everyone’s primary aim is to make money online.

It took me around 10 minutes to earn 10 cents and I’m pretty sure I could have done it faster. I wouldn’t advise Mylot as the main source of your online income, but it is an interesting way to earn some money while getting answers to the most mundane questions you ever had but were afraid to ask.

Stuff like ‘Why is the sky blue in color?’ or ‘What are some cool image hosts?’ apply equally well in the website.

The community is friendly and you’ll probably make some new friends, which is awesome if that’s something you looking forward to.

There are over 30,000 members on the site and some have claimed that they have already been paid. I’ll update if this is true once I reach the $10.00 payout level.

Sign up with myLOT and try it yourself!

Update, 14th January 2007 - Got paid from MyLOT for the first time. Take a look at the screengrab below.