We rely only on our growing number of users to get the word out there. That is why we reward them with a small token for doing so through our simple incentive program for users and merchants.
Free Daily Cash Rewards
Watch Google Rewarded Video ads using our mobile app every 2 hours and earn ₱0.15 per completed video (or a potential income of ₱1.80 daily). Then run the app every 6 hours for another reward of ₱0.25! Every time you earn a reward, we will donate ₱0.05 under your name to our Charity Project. The more you earn, the more you give!
If you are an Active Affiliate, you will get almost twice the above rewards. And if you invite others to activate as well, you are entitled to ₱0.10 from their free daily rewards down to your level 2 active affiliates. If you are a free user, you can still earn ₱0.10 but only from all your personal invites when they earn their daily cash rewards. So the more free users you invite, the more earnings you will get even while you sleep.
Activated wallets can join for fun our daily raffle with varying prizes. Every time you watch a video ad and earn your reward, you will also get an e-ticket for the daily draw every midnight. Plus you can access Rewards Central where you can earn free cash from answering rewarded surveys.
Terms and Conditions: This promo works only on CryptoPeso® Mobile app for Android OS version 6 and higher, optimized for Android 9. Only one free account can log in per device. Multiple accounts logged in on a single device is subject for suspension. Note that if your internet is too slow to show Google Ads, or if you block Google Ads to be shown on the app, or if Google Play Services is not installed on your device, you will not also receive cash rewards. There is a minimum amount of ₱170 in order to cash out, but you can send any amount to pay someone else. Cash out fees apply. You may also use your free cash to buy eload on our upcoming eLoading feature.
Activate your wallet for more rewards!
Unlock all features in the app and earn additional cash rewards from your invited users (and their invites down to 5th level) for a one-time activation fee of ₱500 only. As an active Affiliate, you will earn additional cash rewards every time your referrals (and their referrals too) earn their free daily cash rewards. Plus every time you watch a video ad, not only you will earn free cash, you will also earn an e-ticket which is raffled every midnight for additional rewards. Don't forget to check out Rewards Central every hour for more free cash by answering surveys.
The ₱300 Cash Back Reward is now live for activated wallets, wherein for every 3 direct invites you make who activate their wallets, you will earn ₱300 cash back. This is on top of the ₱70 Builders bonus you will earn from each of them. So for just 3 invited users who activate their wallets, you will earn a total of ₱510. This way you can earn back faster the activation fee you paid when you activated your wallet. So hurry keep those invites coming! This is a limited time promo only.
We have launched Gift-a-Load feature that is powered by PayMaya. This feature is not a direct purchase of e-load (it won't happen real time), you will only be able to request to convert your cash to e-load once you accumulate at least ₱10 - ₱15 from your free daily rewards. So keep accumulating your free cash daily!
CryptoPeso® Affiliate (CPA) and Merchant (CPM) Benefits
In order to become a CPA or CPM, there is a one-time Activation Fee of ₱500 or $10 which comes with:
- Access to various in-app productivity tools including:
- Loyalty Points System so you can launch your very own Customer Loyalty Program instantly without the high cost of setting up one. No need for hardware and software; no need to hire developers; no need to maintain own servers.
- Customer Management System to keep track, award and redeem Loyalty Points.
- Money Manager for monitoring your cash flow while on the go.
- Pera Paabot™ and more (see Projects section of this web site).
Daily Cash Back Rewards lets you earn back your Activation Fee and more. You've got nothing to lose but can gain a lot! You can also get Loyalty Points which you can convert to IDG tokens. This feature is only available on CryptoPeso Mobile for Android.
500 Indigen (IDG) tokens which you can use to subscribe to our upcoming paid and advanced in-app productivity tools, for product discounts, and more. IDG is a tradable asset on Waves Decentralized Exchange (DEX) that can be traded with BTC. We are working hard to create demand and volume for IDG through our merchant acquisition projects, etc.
0.170 Waves which you need to pay for transaction fees on the Waves blockchain, such as sending tokens to other wallets or converting PHPc to PHP. Each transaction incurs 0.001 Waves.
- Ability to convert PHP to PHPc. However, you may convert PHPc to PHP even if you only have a free account (activation is not required) but you need 0.001 Waves on your wallet to do so.
BLoC Rewards Program
Our BLoC (Bring Loyal Customers) Rewards Program is very simple and straightforward because we don't want to complicate things for you on how you can get rewarded for helping introduce our product and services to your friends and relatives. There are three simple ways you can earn bonuses, but the most important thing you need to do first is activate your account by becoming a CryptoPeso Affiliate (CPA) or Merchant (CPM). Once you become a CPA or CPM, you are now entitled to the following rewards:
Builders Bonus (BB)
Get a one-time Builder Bonus of ₱70 for every new CPA you invite (those who activate their account). Also called your Level 1 CPAs. Non-CPA or free accounts may earn BB from their invites.
Leveraged Bonus (LB)
Receive Leveraged Bonus of ₱35 from each new CPA that are invited by those you invite (Level 2 CPAs) and another ₱25 / ₱10 (Level 3 / 4 to 7 CPAs) from those they also invite. Non-CPA or free accounts are not eligible to earn LB and it will compress to active CPAs up the line.
2-Up Infinity Bonus (2UP)
2-Up Level 1: Starting from your 3rd invite, 4th, 5th and so on, you will earn ₱25 from each of their first 2 invites, and their 1st 2 invites as well, and so on down to infinite level. The only requirement is your 1st 2 personal invites must also be activated.
2-Up Level 2: To earn this bonus, your 1st 2 personal invites should also have their own 1st 2 invites activated (total of 6 active affiliates). Once you reach this requirement, every time your 3rd, 4th, 5th and so on personal invites earn their 2-Up Level 1 bonus, you will also earn the same.
Daily Cash Back Rewards
All Affiliates with activated wallets can earn daily cash rewards by simply using the app on a daily basis. This gives you a chance to earn back your activation fee and even more. Cash rewards are spendable immediately (no holding period). You can also earn Loyalty Points which can be converted to IDG tokens once you accumulate the minimum of 100 points.
Purchase Indigen products and be eligible to earn from product sales of all your affiliates. Visit Indigen Web Site for complete details of our products or download the mechanics of our Unilevel Program.
In 2019, we went on tour to Boracay and El Nido, Palawan. This year we plan to visit Leyte or Samar. Become an Affiliate now and get a chance to join us in our next adventure!
Tune in to our Facebook page for our ongoing and future promotional offers and make sure you don't miss out any of our exciting promos.
Higher Package, Higher Income Opportunity
We have released a higher Affiliate Package for those who are serious about building their Affiliate Network and want to achieve bigger income possibilities. The Director package comes with consumer products from Indigen, and also come with free shipping of products to any courier-reachable address in the Phlippines. Note that these bonuses will be deducted the Associate bonuses already paid from previous activation.
Director Package (Upgrade Fee: ₱4,500 from Associate)
Uprgading to Director Package will activate your PayChain UniMatrix and you will be auto-spilled in our 5x5 UniMatrix where each PayNode that comes after you in the tree will earn you ₱1,000 once you complete your 5 frontliners (Level 1 PayBlock). Similarly once all your downlines in the UniMatrix tree completes their Level 1 PayBlock with 5 PayNodes, you will again earn the same ₱1,000 down to Level 5. 5x5 means you can have maximum of 5 frontliners (Level 1) and the succeeding ones will be auto-spilled below you, and you can earn down to 5 Levels deep.
You can have unlimited number of personal PayNodes and in the UniMatrix and every one can reactivate all over again and earn the same potential income over and over again.
Distribution Channel Program (Area Stockiest)
Avail of 6 Director packages (₱30,000) and get promoted to a Mobile Distribution Channel (MDC) where you can get higher discounts from Indigen products and so you can earn more from being a stockiest in your area. As a stockiest, our affiliates may purchase products from you instead of purchasing direct from the company.
Frequently Asked Questions
Why do we charge a fee?
We don't sell PHPc for us to profit from. So in order for us to fund our operations, we need to charge a minimal fee for every transaction you make on our platform. That's how we will sustain the business. However, you can do a lot of stuff on our mobile app for free such as cashing in or sending cash to someone else, and much more.
Is PHPc tradable on the exchange?
No. CryptoPeso (PHPc) is not a typical tradable asset from which developers and traders profit from buying and selling the token on the exchange. That's how developers and traders of traditional crypto assets make money.
Secondly, this makes our PHPc more secured from fraudulent transactions or theft. If someone is able to steal your PHPc, the thief will not be able to sell your PHPc on any crypto exchange. And because of the traceability feature of blockchain, we will be able to find out where your funds went to and protect your fiat from unauthorized conversion and withdrawal once you reported your stolen PHPc to us.
How much is the fee per PHP ⇄ PHPc conversion?
There is a minimal fixed amount of transaction fee between ₱17 to ₱47 and a varying percentage between 0.17% to 0.47% depending on the transacted amount.
If PHPc is a stablecoin, then why does it increase in value?
Portion of the transaction fees on our platform goes to the PHP pooled funds backing up our PHPc circulating supply, which makes the value of PHPc increase slightly when a transaction occurs, such as when someone activates his or her wallet, or if someone converts PHP to PHPc and vice versa.
The reason why the value of PHPc increases (but never will decrease) is because the PHP pooled funds get a small amount of additional funding from each transaction fee, but the PHPc in circulation does not get any additional supply. This makes the ratio between PHP to PHPc change a bit.
If no transaction occurs in the system, then the price remains stable and never will fluctuate.
Is CryptoPeso regulated by Banko Sentral ng Pilipinas?
No. But we did submit our application for Operator of Payment System (OPS) to Central Bank for their evaluation in 2019 and then again in April 2020, as our first step towards complying to their requirements. Unfortunately our applications were both declined because they said we are not qualified as OPS.
Acquiring BSP license is not an easy and cheap undertaking, and the compliance requirements are just tremendous and too much for us to handle at this point in time. It also requires huge funding (bond) before BSP will even consider your application. So we are still looking for venture capitalists and seed investors who can help us acquire e-money license from BSP. For the meantime, we will just keep on developing and enhancing our platform to make it more and more attractive to potential investors.
Our advise therefore, if you are very meticulous about BSP and government licenses, PLEASE DO NOT USE OUR PLATFORM. And should you decide to sign up anyhow for our services or join our affiliate or incentive program, please read first very carefully our Terms and Conditions found on the Signup form, both on the web and our mobile app, before you register. If you do not understand how cryptocurrency works, please do not use our platform. Also beginning April 2020, CryptoPeso is slowly migrating towards complete decentralization. There will be no more need for a corporate entity so BSP regulation will no longer be applicable for decentralized platforms.
If we allow sending of PHP to PHP wallet, then why the need for PHPc?
Same reason why people convert their fiat to Bitcoin: they use crypto as store of value.
Secondly, you will benefit from the increasing valuation of PHPc over fiat which you can convert anytime you want once you have made a good amount of profit. Having PHPc in your wallet is like earning shares from all the transaction fees happening on our platform. Your share is pro-rated to the amount of PHPc you own over the total amount of PHPc in circulation.
Lastly, blockchain technology secures your funds and gives your money a more decentralized feel without the risk of getting devalued. Storing your funds in PHPc allows you to control where you want to keep it, not necessarily in CryptoPeso wallet. You can send it to any wallet that supports Waves tokens, or send it to someone anywhere in the world.
This in turn will extend our market reach and grow our user base.
Can PHPc be used as escrow between buyer and seller?
Yes and No.
No, because an escrow service requires a separate license to operate and we do not have such license.
Yes, because PHPc can act like a placeholder for your cash payment and using a smart contract on the Waves blockchain (what they call smart asset), you can set a deal with the supplier that the PHPc will be locked up if the expected product or services are not properly delivered to the customer.
So the answer to the question depends entirely on how you want to use our platform. If you want to use it in legal terms and you require legal documents from an escrow entity, then No. But if you want to use it as is, the way blockchain was designed with various security mechanisms, then by all means please do so according to your needs.
What is the minimum amount that can be converted to PHPc and vice versa?
You may convert at least 50 PHP into PHPc to cover the conversion fees.
Is there a maximum amount of fiat we can send or cash out?
No. None as of now since we believe in decentralization. You own your money, not us, so you are free to do whatever you want with your money. Other e-money services impose daily and monthly limits because they are regulated by the Central Bank and it is part of the circular related to AMLA. Once we acquire BSP permit in the future, then there is a chance we might impose limits too so that our permit will not be revoked by BSP. That's how it works right now with other e-money services that's why they have imposed limits in sending and in cashing in and out.
Do we need to submit government ID for us to use your platform?
No. Just like the answer to the previous question on sending and cashing out limits, we are not yet regulated by the Central Bank so their rules do not apply yet to us. Once we have a permit from BSP, one of their reqiuirements is to follow their standard KYC procedures. So while we are still unregulated, anyone who has no valid ID can still cash in and out using our platform.
How long does it take to process cash out requests?
All cash out requests through 3rd party e-money services are processed same day.
All requests via remittance outlets like Palawan, Cebuana, etc. are processed same day, or latest the next day depending on the time of request.
Effective October 1, 2019 all cash out requests through bank deposits are now processed same day using Banko Sentral's InstaPay payment network through our main depository banks (BPI, UnionBank and BDO). All requests incur additional PhP 50 as processing fee imposed by our banks).
Do you sell shares in the company to interested investors?
No, not in the sense of selling shares to the public since it requires a secondary permit from the SEC in order to sell shares through IPO (Initial Public Offering). If we will be able to raise enough funding from our Affiliate (Crowdfunding) Program, our main priority is to apply for both SEC Seconday Permit and BSP Emoney License.
However, we are open to venture capitalists if they want to become shareholders of the company through amending our Articles of Incorporation, especially if they will be able to help us acquire the above mentioned licenses. It is not an easy task, but we are doing our best to achieve our objectives.
What is your official statement regarding the SEC Advisory?
To tell you the truth, we don't need to defend ourselves from false accusations when you know exactly who's telling the truth and what's the hidden agenda behind those lies. Quoting from their statement:
"The profit shares in the said scheme will be computed based on the amount invested and its lock-in period. Every 500PHPc is equivalent to 1 share, hence, if you invested the minimum required amount of P2,500.00 or 2,500PHPc once converted into Cryptopeso, you will be entitled to 5 shares (2500PHPc ÷ 500PHPc = 5 shares). If you chose the 3 months lock-in period, your 5 shares will be multiplied by 3 in the first month for you to get the additional 15 shares (5 shares × 3 = 15 additional shares). In the following month, your 5 shares will be multiplied by 2 which represents the remaining months of your lock-in period, therefore, in the second month, you will be able to earn an additional 10 shares (5 shares × 2 = 10 additional shares) while earning another 5 shares in your third month (5 shares × 1 = 5 additional shares). Overall, a minimum investor will be able to gain a total amount of 15000PHPc or P15,000.00 once converted into Peso after the lock-in period, which is equivalent to six times of the initial investment, without doing anything aside from investing money."
THIS IS COMPLETELY FALSE AND FABRICATED! Nowhere can you find such scheme anywhere in our Affiliates and Facebook pages. We have a staking program, yes, but it's only voluntary and used only in crowdfunding the production of our products but never promises interest. The net profit from our product sales are given back to all stakers. If there are no sales, then there are no profits. Nothing more, nothing less!
And if you look at the press releases from different online media, they were all written exactly the same way, which are obviously were written by one person only. All released on the same dates, which only goes to say they are all PAID PRESS RELEASES. Therefore we can assume, these were all coordinated attacks on our reputation by a single party that is either being threatened by the beauty of our platform or envious of our potential success.
Because what is the use now of following government regulations and applying for government permits when it's our very own government who brings down startups and suppresses great ideas and innovations? Accusing startups without first doing ample research and verifications about the truthfulness of what they publish.
Our government is like a farmer who promotes good harvest and yet tramples on the good seeds that are just about to sprout.