Hello and welcome to my honest Squadhelp Review.
As we all know many people are engaged in Freelancing and Crowd Funding job such as Freelancer, Fiverr, and Upwork.
An employer posts work for his business in the crowdfunding or freelancing sites where various workers participate in the contests or bids for the work. After that employer chooses the winner out of many workers who participated and provides them earnings in return for their best work.
Squadhelp is the same type of crowdfunding website where employers and workers are engaged in working transactions.
But you may be wondering if this site really pays and it’s legit. Well, you have come to the right place for your curiosity.
Today I am going to provide you with detail regarding Squadhelp which includes:
what really is Squadhelp, how it impacts employers, how it affects workers, how can someone join, how they earn, how they redeem their earnings, payment methods, and most importantly it is worth your time.
So let us get started.
In This Post
What is Squadhelp?
Founded in 2011 Squadhelp is a crowdsourcing platform that helps companies name their business or create new logos. Anyone can join this company as it is international which helps to bring in many worldwide customers.
New logo designs, audience testing, Coming up with new business names are some of the works for people who use this platform. Generally, the owner of the platforms selects workers through various contests or gigs.
There are many contests held by the owner on the platform. Any member of the site has the opportunity to take part in the contest and show his her skill based on the ongoing contests.
The winner of the contest will be that person who has the best work and is chosen by the owner or employer running the contests.
Once the contest has closed, the winner will be paid for the contest by the employer. The winner of the contest can earn up to $100,000 and can be hired for full-time gigs as well.
Now let us take a look at how to get started on the Squadhelp site.
How to Get Started
As Freelancer
So to get started as a freelancer you have to fill out the registration form and submit it to the company. The site will assign you just 2 contests that you can participate in since you are a being a new member.
However, to get full access and to participate in other contests, users need to earn many likes for their ideas and views. After gaining full access, you can decide which contest to participate in and create and submit new ideas and logo designs
The contest holders or owners will rank your ideas and provide you feedbacks.
As Business Owner
Initially, employers will need to sign up with the company and create an account.
As employers want to provide work for the freelancers they have three options to use: Naming Contest, Premium Domain Marketplace, Agency-Level Managed Contest.
The owner can deposit the funds with the company and create a contest if the owner is looking for any kind of business-related gig for example creating a name for his new business.
However, to create the contest, the employer must fill out the information on the site and answer a few questions about the business to help the freelancer to come up with an adequate name for the company.
After the information is completed, he can begin the contest. The various freelancers registered on the site will start to provide suggestions to the content creator.
The content creator has three days to review the suggestion provided by the freelancers. On the fourth day of the contest, the contest creator the list must be narrowed down to the top 5 to 10 names.
Then for four days, the company will test the names on the list for the business owner to see what people prefer. The top three names chosen during this phase are sent to a Trademark attorney for a complete Trademark screening.
Based on the final results the contest creator has 30 days to select the winner from the Audience testing and the Trademark validation.
The person is paid for their review and suggestion once the winner is announced.
How to Earn from Squadhelp?
The only way for users to earn money from this site is if they win the contest which is held by business owners. However, it is worth it to win a contest because the winner can earn from $100 to $300.
Also participating in the contest is recommended because that can help to increase reputation if you can get likes and reactions to your work.
The more likes get users more points and badges which help them compete in other contests.
Payment method and Minimum Payout
The users must have a verified PayPal account to be paid.
For people who live outside of the US, they will need to submit a W8-BEN to the company whereas you’ll be required to submit a W9 form to the company before you can be paid if you live in the United States,
These documents are necessary for tax purposes.
The site might ask you for additional documents or account verification before they send you the money you’ve earned from the contest.
There is no minimum threshold or payout. The workers will immediately get paid if they win the contest and provide legal documents necessary for the site.
Pros and Cons of Squadhelp
Pros
- The site is legit and pays its user.
- Workers who win the contest are paid really well.
- It is beneficial for both freelancers and business owners.
Cons
- You can only earn by winning the contest.
- Working for months may lead to no earnings.
- Competition with over 70,000 people may be overwhelming.
Squadhelp Review: Legit or Scam
From the above deduction I have made for the site, I can safely assure you that Squadhelp is a legit site and pays site users. The workers or users are basically freelancers who participate in the contest with other 70,000 people.
The platform is a very famous platform with trusty Trustpilot rating it 4.7 out of 5.
You can win the contest to earn the money but that is the only way of earning from the site. Your ideas have to be the best among your competitors.
There is a chance of not earning a dime despite working for months. So I recommend our users to try the website and provide them ideas. But do not depend directly on this site to earn money and only pursue it as a side hustle.
Why don’t you check out our review of Jobboy and find out if you can earn by simply doing some simple Microworks!