How Loco Quiz App Helps its Users Earn Money?
Loco is a game show app and it is getting popular on various social media websites by the day. The Loco app invites the app users to play the quiz in real-time. The app helps users to earn real cash provided the users answer the questions correctly. The quiz takes place on two occasions during weekdays (1:30 pm and the other at 10 pm). It takes place once every weekend (10 pm).
What is Loco Quiz App?
Loco is known as a show time app. Loco has a host like many other popular TV quiz shows. The host asks the users 10 multiple-choice questions. He also offers the users lives to come back in the game if they are eliminated from the game. In the game, the players get a life if they recommend the game to their friends. This concept is referred to as growth hacking.
At the end of the game, the players are rewarded with PayTm cash prizes. Loco quiz is played by more than one player and that too at the same time. The prize money for this quiz game is 12500 is shared by the winners. Google does not pay for downloading the Loco Quiz app. Google only pays the app owners if they use AdMob to monetize their app.
How Loco Quiz App Makes Money?
1. Register with your mobile number –
The Loco Quiz App procures the mobile numbers of the users. Post download and installation of the app one require to sign-up with the app. The mobile number has to be provided for registration purposes. The app makers give the mobile numbers so collected to an ad agency for money.
2. Third-party ad –
The app makers also register with AdMob and that shows an ad on the app. Whenever a user clicks on the ad then the app makers get paid.
3. Subscription –
The premium users of the app get extra as well as better features. It is quite common to make money from a premium subscription fee.
4. In-App purchases –
The app makers also offer in-app purchases for playing without even watching an ad. The app helps users to earn money. This app also helps the users to gather knowledge. However, it is recommended that one should research well about the credibility of such apps.