Teen Money Canada

I was told about ‘Lockerz’ by a fairly close friend who is fully aware of my various money making ventures and rightfully thought that I would appreciate being informed about this site.

Lockerz, owned by ‘Liberty Media’, (one of the largest media companies in the United States) is essentially a website that gives you free stuff. Sounds good, no? Although it isn’t *quite* that easy to get these name brand, in demand items, it certainly comes close.

Following the initial ‘PTZ catching’ game that is played immediately after signing up, you earn points, or PTZ (which are redeemable for prizes) by simply logging in daily and answering the daily question. It’s easier than I would have thought possible.

At this point you’re probably wondering how I know this is legit? “It’s probably a big scam — they just want our addresses.” I would be completely agreeing with you, had my friend not received a PSP Bundle in the mail from Lockerz a week ago. This, along with a few of the many ‘Lockerz Unboxing’ videos on Youtube made any doubts I had before disappear. In addition to this, the following site: http://www.libertymedia.com/interactive-lockerz.aspx proves that Liberty media is in fact involved with Lockerz, and owns 80% of it, thereby rendering them susceptible to legal action should the need arise.

The site is fairly easy to navigate, though it is still in its Beta phase, and thus is missing many of the features that it will have at launch, which include: Movies; games; a store; and potentially music. Right now the only available pages are ‘Redeem’, ‘Connect’ and ‘Dailies’, all of which are relatively straightforward.

Now for the part you’ve all been waiting for — the PRIZES! Lockerz, for whatever reason they’ve come up with in their generous minds, has decided to give away prizes including: 3rd and 2nd Gen iPod Touch’s; new iPod Nano’s; (large) Flat Screen TVs; various gaming systems (PSP, XBOX 360, Wii, PS3, etc.); Macbooks; games for the aforementioned systems; cameras and much more. The only requirement is to either invite friends, or consistently log in daily and answer the question (this takes a looong time).

To give you an idea of how long it takes to get a ‘good’ prize, I’ll create an example.

For a Nintendo Wii System (with Wii Sports): 250 PTZ.

Considering you get 2 PTZ for logging in each day, and 2 PTZ for answering the daily question, as well as around 40 PTZ when you first sign up (from the game), it would take roughly 50 days of dedicated logging in/answering.

There is a way to significantly shorten this time, however — by inviting friends. For each referral you receive 4 PTZ, and once you have 20 Referrals you’re put on the ‘Z-List’ and thereon after receive double PTZ for EVERYTHING. Log in? You get 4 PTZ. Answer the question? You get 4 PTZ. Invite a friend? You get 8 PTZ!

So, let’s say you invite twenty friends in your first week or so. You have 44 points from your first day, and each day for the next week you get 4 PTZ per day. That gives you 72 PTZ overall. By this time you’ll have invited 20 people, so you now have 152 from logging in and referrals. This leaves only 98 PTZ required to get a wii, which, if you’re getting 8 PTZ per day, is a little over a week!

Lockerz, shockingly enough, pays everything to deliver your prizes — duty (if there is any) and shipping are COVERED. And, if you’re wondering, the company does ship worldwide. So, my fellow Canadians (and anyone else who may be reading), you don’t have to worry about not getting your prizes.

Lockerz is currently invite only, and I would, of course, prefer that you get your invite from me rather than someone else. To request one just email me at dave@teenmoneycanada.com, or simply comment on this post (if you don’t mind your email being public). If you don’t want an invite (yet), and just have some questions, PLEASE don’t hesitate to ask… I’m desperate for a conversation of any sort! Haha.

Until tomorrow (controlled spending?),

Austen.