WeReward brings incentive advertising to iPhone

This is a Sponsored Post written by me on behalf of IZEA. All opinions are 100% mine.

WeReward (WeReward.com) is a new iPhone app from Izea (the makers of PayPerPost and Sponzai, among various similar services).

Their latest offering is basically a way for iPhone users to make money by performing small, easy-to-do actions on their mobile device. The application integrates with Facebook, Twitter and Foursquare, and offers a variety of incentiv-ized postings.

According the the official website:

Earn WeReward points by completing tasks and checkins at your favorite businesses with your iPhone. Each point is worth a penny, earn 1,000 points and cashout to PayPal.

1000 points is equal to $10 at that conversion rate, which is pretty decent. Of course, it will take a long time to make much money when you're getting paid one penny for each tweet/checkin/share. But it all adds up.

The key to this application succeeding is the location-based relevance. Because offers are tailored to your location, many of the offers you see will actually be useful. In fact, your friends may find your posts helpful, because in many cases they are things that you would already be posting about anyway.

If you can get paid to do stuff that's useful to your friends, and takes little or no extra effort on your behalf, what's the catch? Nothing, really. If you're prepared to take a small amount of time and risk your reputation posting advertisements on your profile, there's nothing else that could really go wrong. Personally I would do it - provided the offers are relevant.

If you have an iPhone you can Download the App today - it only takes a minute. I'd love to hear your feedback (as I don't have an iPhone myself - I use Android). It's something I would definitely use myself, and helps to progress the whole micro-payments infrastructure. Interesting also that they use PayPal for payments. This is a sensible choice, but given MasterCard's entry into the market is something that could change relatively quickly.

Check out the video of how it works in action:

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