people in power have always loved slave labor from actual slaves like during the Roman Empire to the CF of fatalism to forcing prisoners to slave away digging ditches and building roads like in the Soviet Union all the way to enslaving people through loans and debts those in power love slave labor because it's the closest thing you're going to get to an infinite money hack you get to literally create wealth out of nothing for no cost and luckily today we have a new form of slavery that is just as powerful why I'm on social media one
reason the art of Being relevant 100% you never imagine what it is to watch your video go viral I stayed off the whole night and watched it go viral go boom boom boom boom but I like I was like in Atlantic City or Vegas with a jackpot like this Bella is addicted to social media this girl probably post easy 10 videos a day that's all she does this is my time I'm 52 years old this is my shot you know it's you got one one shot this is it social media pays her nothing she doesn't
make a dime when I say I am on my phone always and let's just get this over with I mean always I have been on my phone at my grandmother's funeral where my relatives like turned around and were just like put that away but was just a quick text Brandon cares more about his world inside of his phone then his friends his family and going to work many of us spend more time on social media than we probably should but for some users sites like Facebook Twitter and yes Instagram can become a troubling Obsession causing
them to lose touch with reality I'd sit in my room for days at a time and just kind of be there and I had nothing else to do except for just kind of crawl up and go on social media vial takes us to a place where young people are getting help for their social media addiction Paradigm says its program which includes therapy and reconnecting with the outdoors has an 80% success rate it can cost upwards of $50,000 and the great thing about this new form of slavery is that people love it the average American happily
spends more than 4 hours a day on their phone that's at least 10 years of your life spent staring at a phone screen 10 years of your life spent laboring away for these social media and phone companies while they do not give you a dime in return today it's no longer about whipping slaves into action it's about sending the masses a simple push notification Facebook's most valuable asset is how well it knows you every post you like every page you follow every friend you make tells Facebook a bit more about who you are and more
importantly what you buy or who you might vote for last year Facebook made 98% of its revenue on Advertising that's $ 39.9 billion advertisers pay for those personal insights to make sure their messages reach the Right audience now obviously Facebook knows what it'sing users buy when they click on ads from Facebook but what most people don't realize is that they have ways of tracking your offline purchases as well for many years Facebook has had Partnerships with data Brokers that collected information about people's purchases so for example if you buy a burrito with your credit card
Facebook could know about that transaction match it with a credit card that you've added to Facebook or Facebook messenger and start showing you ads for indigestion medicine what started out as an exciting new invention has devolved into one of the worst inventions in modern times I think it's it's funny because I think there was way less worry about the democratization of phones and mobile phones but in my opinion it's it's like one of the worst thing that could happen to our civilization you know we're all stuck on a on a small screen I am not
a BRI thir financial adviser this video is not Financial advice and welcome to the new age of slavery [Music] one startup that is trying to turn all of this around is called M mobile that the paid sponsor of this video full disclaimer and the sculpures are on the screen now but basically mod mobile built a real phone that you can buy and Best Buy Walmart and Amazon right now that pays you cash for using the phone yes that is right instead of them trying to siphon and squeeze you for every penny they can like other
companies mold mobile will pay you for things like shopping on your phone banking on your phone or even unlocking your phone they've already paid out over 100 $50 million in rewards to users and the average Redeemer earns about $30 to $40 a month we're going to talk about them more later but the cool thing is that if you want to invest in mode mobile and get in on this Paradigm Shift you can with as little as $750 by going to invest. mod mobile.com with the link below early backers are getting up to 70% bonus shares
and 12997 shareholders already participated in previously sold out allocations so don't wait claim an exclusive 70% bonus at 16 cents a share before it sold out too as always with any investment you can lose all your money so do not invest more than you can afford to lose now back to the video at the root of this new form of slavery is the classic saying the classic saying is if you're not paying for the product then you are the product and the reason why they're able to make it free is because of advertising advertising has
been around for centuries you had the newspaper ads of the 1800s then in 1892 Sears made history by sending his catalog straight the thousands of mailboxes across the country in the world's first Direct Mail ad campaign and at first these types of ads were super successful if you were a farmer living in a small remote town and an ad for Discount of farming equipment landed in your mailbox there was a pretty good chance you would be buying from the company that sent it to you but because these ads were so great at attracting sales it
didn't take long for thousands of businesses to jump on the bandwagon suddenly newspapers became almost all ads while mailboxes were filled to the Brio with junk mail and so the race was on now if you wanted to make money from these ads you actually have to put a lot of effort into them then radio came about in the 1920s everyone quickly traded their paper ads for airtime on popular radio shows and we will be right back to the 1928 World Series right after the short commercial break is just by eating delicious chocy totsie rolls the
same thing had one with TV in the 1950s and telemarketing in the 80s every time a new form of Technology came around the amount of people it could reach would also increase so the advertisers came flooding in it was the peak of mass advertising but it still had its limits in this early form of mass advertising there was no way for businesses to choose who they would advertise to if you were a company selling farming equipment you just had to blast out your ads over a large area and hope that just some of the people
you reach were farmers if your ad reach 100,000 people you could still end up with only one or two sales it was a shotgun approach and it was a gamble but then everything changed with the invention of the smartphone this is what iPhone is okay so we're going to reinvent the [Music] phone the iPhone changed everything for Apple but as Apple you still had a dire problem on your hands sure you were making new iPhones every year sure customers were lining up around the block for Lum but as soon as someone bought one of your
phones you would stop earning money from them you would make a bunch of money once a year during your launch and then sales would slump it's still a good business but it could be better so you started tracking everything people did on their phones every app they downloaded everything they searched for in the Apple app they downloaded where they live the places they visited their health information who their family and friends are all the Articles they've read online and all the books music and movies they downloaded onto their phone all of it is monitored and
sent back to Apple almost immediately because every action a user takes indicates something about them if they downloaded books about farming and they visited websites about farming uh that means they're the perfect candidate for ads about farming equipment and boom advertising was no longer a shotgun approach and this changed everything within a week of someone using one of your phones you knew more about them than their Partners parents and probably even their therapists do and advertisers ate it up in 2022 Apple made more than $5 billion from his advertising business and that number is set
to reach at least 30 billion by 2026 and they're not even the biggest players Android phones collect double the amount of data as Apple while Google's operating system collects 20 times more and yet none of these companies have to pay anything to their users in exchange for making them billions of dollars with this data all of us are just willfully laboring away for free and it didn't take long for social media companies to jump on this Gold [Music] Rush Zuckerberg would you be comfortable sharing with us the name of the hotel you stayed in last
night uh no as a social media company you knew just how big of a gold mine you were sitting on just by tracking what users did on your platform you could determine their rate ethnicity religious and political views personality traits intelligence happiness addictive behavior and much more so you need to make social media as addictive as possible so you went to the foremost experts on keeping people's attention the casinos think about it the business model of casinos is to keep people gambling for as long as possible and to do that they've come up with attention
Engineers so you hired these attention Engineers to see what strategies Casino used that you could Implement on your platforms colorful emojis special sounds for when a post gets liked and endless push notifications to get people to open the app and these were just the starts everything from the infinite content Loop to the pull to refresh feature on your main feed were all designed to keep people scrolling and all this attention just fed the data you had on people to where you were able to create the greatest advertising medium to have ever existed now if you
want to run an ad on Facebook for example you simply go into Facebook ads and then you're able to specify the exact type of person you want to Target everything from age gender location all the way down to the most minute of interests and because of list in 2022 Facebook made a total of $116 billion from ads $116 billion made off of the backs of users being glued to their screen not being paid a single Cent for it and in that sense this has become the biggest slave force in the world and all these Mega
corporations like Facebook want you to think that this is the only way that if you want to keep scrolling for free you got to give up your data for free but what if this does not have to be the case if your data is so valuable if these companies are making billions of dollars off of it shouldn't they be able to afford to pay at least a little bit of money for your data instead of us just slaving away for free for them well as it turns out this is definitely [Music] possible this is mod
mobile M mobile built a real phone that you can buy in Best Buy Walmart and Amazon right now that pays you cash for using the the phone you can get paid for things like shopping on your phone baking on your phone or even just unlocking your phone and I know it sounds weird but they've paid off over $150 million and rewards to users already and users can actually make a surprising amount of money from it here's how it works so earn phone is a phone that you can buy at Walmart or Best Buy Amazon Etc
it's an Android device and what's unique about it is not necessarily the phone in itself like you know Hardware is a pretty commoditized business at this point right like the iPhone came out 15 years ago Blackberry came out 20 plus years years ago and the first smartphones have been around for a while so Hardware isn't really changing all that much right so what differentiates our phone is really the software behind itally we've created a layer on top of Android that allows that phone to pay you for all these various activities the way it works essentially
is you have various different categories that you can earn on it could be things like reading the news it could be things like unlocking the phone charging the phone shopping banking basically anything that you're going to do across the various apps we'll reward you for the time that you spend on Tik Tok the time that you spend on YouTube we can basically reward you per minute that you do those activities for things that we actually have advertising Partnerships with it could be a a bigger reward a smaller reward uh but on average you know we
have some consumers that earn thousands of dollars you know tens of thousands of dollars in a given year we do large sweep Stakes as well so people win these big uh sweep Stakes but our average redeemer is probably earning about 40 bucks 30 40 bucks a month when they're using our service but Power users they're earning hundreds thousands and savings and earnings and thus far we've been able to facilitate about $150 million in earnings and savings back to Consumers this is Dan noves he's the co-founder and CEO of mod mobile and the cool thing is
that if you believe in M Mobile's Vision to turn the smartphone industry on its head you can actually invest into M mobile right now with as low as $750 by scrolling down and clicking the link below early backers are getting up to 70% bonus shares and 12997 shareholders already participated in previously sold out allocations so don't wait claim an exclusive 70% bonus at 16 cents a share before is sold out too and yes mode mobile users are earning $1,000 to $110,000 a year right now as we speak but how how are they able to make
this profitable I guess when people hear like you getting paid for certain actions like opening your phone or watching a video or whatever how does that model work like how are you able to do it and why don't these other social media companies or phone companies do that the difference between how we approach it is we try and align value with the uh consumers align value with the brands um which are also the advertisers and that ultimately aligns value with us and so an example of how that would work is say you want to play
a game um and you know a company like Candy Crush they want to people to come into their app play their game buy and AD purchases uh so what we'll do is instead of just saying hey go download Candy Crush and we'll pay you for the install uh what we do is essentially we reward you per minute you play Candy Crush and then over a s Peri 7day period of time or a longer period of time you build a habit and that's ultimately aligns value with the advertiser it aligns value with the consumer because they
get a little bit of rewards for what they do ands because we take a percentage of that um we're just doing that across everything and every facet of your life whether it's you know your banking shopping working out everything that you do on a mobile device and the 40 hours that people spend on these devices and align interest and when you can do that you can create hundreds thousands of dollars um you know back for consumer and in a course of a lifetime you know it really really adds up okay so basically if I'm getting
this correctly uh take Candy Crush for example the example you brought up they know that if a user spends let's say an hour on the app they know that on average they're going to get they're going to earn like maybe a dollar from them or something like that so is your modotto like going to these companies and saying hey you're you're going to make a dollar every hour this person is on the app so if we can get them on the app can you pay us like 10 cents or something like that is that correct
yeah I mean every unit economic is different they have different uh you know kpis of what they're doing but essentially right they know that hey if if someone uh opens up our app x amount of times over the course of x amount of days uh that person is more likely to develop a habit um and so what we'll essentially do is we'll align to those incentives and they'll typically only pay us once we get to that Milestone another example could be you know with like a Robin Hood trading account or something where you know they
want people to come in there open up an account deposit five bucks and trade and so we all ask them like how much are you willing to pay for that and then they'll be like hey 100 bucks and so we'll take that $100 and we'll give like say 50 of it back to the consumer and then now that person has 50 bucks to trade with Robin Hood has a person that like completed a bank account did a first trade whatever their Milestone was and they have a new person and then we take a percentage for
creating that opportunity amongst Advertiser and consumer and we'll just do that across every facet of that person's Journey on their device but if it is possible to pay users for the data like this why doesn't Facebook do it why doesn't Apple do it why don't any of these other corporations do it I think that they don't have the incentive to do it yeah because fundamentally you know they have been able I mean everyone's watched like the social dilemma and these these these uh movies and like they have built the dopamine addiction of the likes and
the follows and it's an addictive thing that people do um so at the end of the day um unless Regulators step in which they have in many cases um or things like the Apple uh you know privacy ban uh for advertising there is no reason for why they would need to do that um if they already have uh that you know flywheel working so that's why mod mobile is taking on these Behemoth and they're not just stopping with their phone their vision is to get their n OS onto smartphones all over the world so that's
kind of the thesis behind what we're working on here with ear phone is yes we created our own device and our own smartphone it's for for sale on all these places but a future that I Envision is earn phone as a category where we'll see things like Motorola earn phone Nokia earn phone Samsung earn phone and we could power that technology for those Android manufacturers on those sub $150 devices which happens to be about 6 billion devices around the world and if they're able to continue scaling like this they're going to be helping a lot
of people today about 1 billion smartphones are iPhones and the other 6 billion are Android and the vast majority of people today 6 billion approximately are earning less than $112,000 a year which is a pretty crazy staff 56% of Americans don't have $1,000 their savings right now and so when you think about that there is a lot of people that are looking to make a little bit of extra money and if you can take that attention and create that you can unlock hundreds of billions of dollars back to people and if you can create that
value it's a trillion dollar market opportunity and that's what we're doing here and creating earn phone as a category so that is why they're doing this public fundraise yeah so the thesis behind this public fundraise is because we really wanted to focus on bringing all of our consumers and turning them into owners and also opening up to the retail markets we see as an incredible way to spread this message around earn phone we've also priced our shares at 16 cents a share which allows people to take advantage with a very low minimum of only 750
bucks and we give a tremendous amount of bonus shares depending on when you come in round at the end of the day what we want to do is grow community and you know if you become a mode earner which doesn't take any cost it's all is free you can still take advantage and uh be a part of this movement but if you just want to make a little extra money on the side you can pick up their phone right now it's about 99 bucks I the price kind of changes in that sense but generally anywhere
between $99 to $120 or uh you can go to mod phone.com we have a subscription there where you know every year we'll get you a new earn phone essentially and you become a part of our earn club which allows us to unlock other earnings and savings Beyond just what we can do with the phone okay wow that's even better so people can make back their money in just a few months pretty much yeah usually I think people that buy our device make it faster than they can do that and if you don't want to buy
it you can also just download our product and you uh redeem your points for it we have a lot of people that just use a product as an app user first and redeem for an earn phone for free with their points everything will be linked below so stay dangerous and we'll see you in the next [Applause] one