New Locket App for Android Will Pay You a Penny for Unlocking Your Smartphone

How about an app that lets you earn some money for doing something as frivolous as unlocking your smartphone? A new app called Locket launched today for Android, and will let you do just that. The way it works is like this; the app will place an ad on your lock screen and will let you earn a penny each time you unlock. However, the earning potential is capped to just $0.03 per hour, while the rest goes to the company. Engadget simplified the math for us and has worked out the maximum that one can make out of the app is $262.80 if you unlock your screen at least three times an hour, 24 hours a day, 365 days a year. This has been the handiwork of a New York based start-up comprising of three individuals, Yunha Kim, Paul Jang, and Christopher Crawford. “Working in banking, my only outlet to my outside life was my phone," said Kim. "And looking at my lock screen – which was just a picture of a daisy – the question was, ‘how do we monetize that?’” This led to the birth of the idea with active co-operation from Jang and Crawford, both of whom hail from an advertising background. The money thus earned can be cashed put, converted to a gift card, or can be donated to charity. New Locket App for Android Will Pay You a Penny for Unlocking Your Smartphone is a post from: E-Reader News

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