Today I would like to review another autosurf that didn’t seem so interesting at first glance yet has some distinctive feaures that will allow it to stand out from the crowd. I’m talking about GrandEarners – a brand-new autosurf program that just launched yesterday.

Before talking about the plans and other stuff I would like to say that the admin of GrandEarners Mathew is a regular reader of Money-News blog and I know that he and his business partner have been preparing GrandEarners for a long time. I get the impression that they are not here for a quick buck but rather to build a reputable and sustainable program. Mathew e-mailed me a couple of times prior to the launch of his program and I would like to add that I was stunned by his serious approach and business planning capabilities to make his autosurf great. So in my honest opinion GrandEarners is not aimed at fast growth but rather it will be a stable long-time performer.

Yet the rates GrandEarners offers to online investors are quite high: you have the possibility to earn 3% for 10 days. Withdrawals are allowed to be made daily with no minimum but the main advantage is that your principal is locked for the duration of the 10 day period. So you will be able to receive it back only after your upgrade expires. It will be the first distinctive feature that differentiates GrandEarners from similar autosurfs – paying daily, but returning principal on expiry of the upgrade.

To earn your daily rebate on your investment you should surf 10 pages daily which is not a high amount and I’m sure many investors will find it reasonable. The maximum time between requesting a withdrawal and actually receiving it to your LibertyReserve account should not exceed 72 hours. Of course, since GrandEarners program is quite new you first should expect fast payouts and I received my withdrawals within a few hours but with the membership growth it can be adjusted to 72 hours. Missing surfing days will not be credited so please don’t forget to surf daily!

The minimum upgrade and the cost of one ad unit is GrandEarners is $5. You can only upgrade via LibertyReserve for now as it is the only accepted e-currency. As Mathew explained to me, he considered adding AlertPay first. But, as he has some considerable back-up funds in LibertyReserve and has nothing in AlertPay, it would be hard for him to find a reasonable exchanger from LR to AP. So it was decided to accept only LibertyReserve with the possibility of adding AlertPay once the program gets a bit bigger. I found this decision reasonable especially when we all know that it’s sometimes hard to keep a balance between e-currencies and some programs even fall victim to such a feckless approach (take ProtoAds as the most recent example). So in some way accepting only LR can be even an advantage for GrandEarners program that will allow it to last longer. Of course, it will cut off the potential SP and AP investors in the beginning but I hope the admin will find an appropriate solution to add more e-currencies in the future.

GrandEarners program utilizes a simple and quite easy to navigate design with black-and-white layout and a familiar NeverSay script and is hosted on a dedicated server. To find out more about GrandEarners I’m planning to conduct an interview with Mathew soon. Well, not very soon because Mathew insisted that first they need to prove that they are running some serious project and are not a fly-by-night program. Once it’s proven itself it will be much more interesting to interview the admin. And I will agree with this 100%!

I hope GrandEarners will really become a serious autosurf program with great members support and I would like to wish Mathew every success in all his endeavors. And well, stay tuned for the interview, guys!

Other news for today.

There’s not too much to report from the HYIP world today as the most significant news is the ongoing problems with LR API interface which caused many programs to slow down with payouts that used to be processed automatically. For instance, the admin of TopProfitWorld asked me to publish the following update on my blog:
“LibertyReserve API is not working and withdrawals were not processed instantly. Now I will process withdrawals manually.
Next time if you are unable to deposit funds automatically then you can manually deposit funds to TopProfitWorld A/C Number U1866688 (TopProfitWorld) and send us deposit details via support ticket to add that deposit in your TopProfitWorld account.”
I remind you that TopProfitWorld has been monitored by my blog for about two months and there was never one single problem with payouts from them. But since now the payouts from TopProfitWorld are made instantly the admin had to issue this update to calm down the investors. I myself received the pendings to my LR account and they were made by the admin manually. To read more about TopProfitWorld please refer to my review published here.

It seems that though AlterGold SCI is working, API is not working yet so many programs like SafeAtom could accept deposits via AlterGold but they couldn’t pay out. Though you should know that you can still send any withdrawal within AlterGold manually. Though SafeAtom has so many investors (read my review of the program here) that they certainly can’t make them manually so you should wait till AlterGold is fully functional. Here’s the latest from SafeAtom site:
“e-currency payment systems status:
LibertyReserve: new deposits are available, withdraw is available.
E-gold: new deposits are unavailable, withdraw is available via LibertyReserve (4EG/1LR).
PerfectMoney: new deposits are available, withdraw is available.
AlterGold: site is up, but API doesn’t work. New deposits are unavailable, withdraw is unavailable.”

8DailyForever site is not accessible for me again though I have received a note from one of my readers that all his pending payouts were paid. Well, at least I’m glad that 8DailyForever is still paying but it would be much better if it was able to overcome all the issues it faced over the last number of days. Since the admin is on the road now and she’s probably the one who manages the program (and not a team, as it was stated before) we should still expect some delays with payouts. But since I got reports about getting paid I must return the program to its Paying status on my monitoring page.

I myself received payouts today from the following programs: MegaLido, 12DailyForever, TopProfitWorld, FxSlaughter, SafeAtom, PanaMoney, GrandEarners, TradersInvestments, Tradelite, Richard-Falk, MutualForexFund and VolcanoInvest.

Finally to close I would like to report an important announcement from PerfectMoney payment processor. It appears they worked out some code for the exchangers to follow and now their policy of exchanging money from them is quite strict and regulated. I don’t really know if it’s for better or for worse but probably it’s aimed at stopping the decline of PerfectMoney because I noticed recently that the rates of exchange from PerfectMoney to other payment processors are not quite favorable for PM processor. This is the update I received today from PerfectMoney admin Andrew Draper (read my interview with him here):

“The collaboration of PerfectMoney payment system with exchange partners is now regulated with a special document which states the terms of partnership and the rules of operating activities for exchange partners when exchanging PerfectMoney to other electronic currencies.

From the moment of the document issuance any exchange service listed as a certified exchange partner is obliged to meet the conditions stipulated in the document. If the exchange service breaches the terms it will be excluded from the list of the exchange partners.

The Code is aimed at improvement of the exchange service, upsurge of the PerfectMoney currency liquidity and attraction of new exchange services to cooperate with PerfectMoney.

PerfectMoney payment system is permissive towards exchange partners and urges to follow the Code without fail.

We are sure that such document will significantly improve the service during the exchange of PerfectMoney to any other e-currencies and to make a positive influence on the work of the exchange service and the financial activity of PerfectMoney customers.

The code is permissive towards exchange partners however sets some limits. So, for example, item 1.6 states that Exchange service is allowed to set any exchange fees for the transactions with PerfectMoney electronic currency. The maximum allowed fee for the exchange of PerfectMoney should not exceed 10%. Also every official exchange partner of PerfectMoney system is obliged to react immediately to all the system messages of PerfectMoney and to solve all the possible problems in a full accordance with system Code. The administration of PerfectMoney warns that the ignorance of Code of exchange partners is no excuse for exchange partners.

System also warns that it is inadmissible to do the following:

– To exchange of PerfectMoney currency with the considerable losses for the client and excess profits for the exchanger itself.

– To act with an intention to decrease the liquidity of payment system liquidity.

– To change intentionally the mid-market rate for the exchange of electronic currencies.

However, in addition to the strict regulations of the exchange activity, PerfectMoney also defines the advantage of the work with system. So, in items 2.2, 2.3 and 2.4 is stated that:

-Exchange services have a right to withdraw the account balances from PerfectMoney system by bank wire on favorable terms, without 2% fee charged by the system. The bank wires of exchange services are carried out on a priority basis.

– Increase of interest on balance depending on the turnover of the exchanger. The interest is regulated by the system administration on an individual basis.

– Crediting of the exchange services with PerfectMoney electronic currency, depending on the turnover and period of operation.

The new rules for the exchange partners are intended to improve the service during the exchange of PerfectMoney to any other e-currencies and to make a positive influence on the work of the exchange service and the financial activity of PerfectMoney.”

This is all the news for today and I’ll see you tomorrow, guys!