Having over a decade of data-monetizing experience, Walter Harrison – the Chief Revenue Officer at Complementics – developed the Tapestri App to offer you money in exchange for your data.
The app runs in the background of your phone and collects anonymous location data on a daily basis.
Unlike other social media apps, including Facebook and Instagram, Tapestri doesn’t do anything secretly. Instead, it asks for your permission before tracking your data.
But with the rising security concerns in today’s world, is Tapestri really doing what it claims, or is there anything you should worry about?
In this Tapestri review, we are going to discover all these aspects and see whether you should opt for Tapestri or not.
What is Tapestri?
Tapestri is a service that runs alongside the other apps on your phone, in the background. The app offers you an appealing amount of money in exchange for your most valuable asset – your data.
Although there are multiple programs that offer you different amounts, the standard earning is up to $25 each month.
Nowadays, almost every app is tracking your data, which they may or may not mention in the Terms & Conditions that everyone agrees to without reading thoroughly.
The most impressive thing about Tapestri is that they don’t bury themselves deep behind the “Terms & Conditions.”
Most apps even sell your data for billions of dollars, without giving you a single penny.
That’s where Tapestri comes into the spotlight. The service clearly mentions that it is going to collect your data and sell it to other parties, but will pay you a good amount for that.
Their tagline is “It’s Your Data, You Should Get Paid For It”.
How Does Tapestri Work?
Despite Tapestri’s clear stance on the security and privacy of its users’ data, most people still wonder what exactly Tapestri collects and how it distributes their data with anonymity.
As per the Privacy Policy on Tapestri’s website, here is how they work:
Data Collected
While extracting and storing your data, Tapestri doesn’t disclose your real identity to the Purchaser. Instead, they identify you and your device through a pseudonymized ID whenever your data is shared.
The data they collect from the app includes:
- Personal information, like your email ID(s), cell number, etc, excluding your real name.
- Your fake advertising, cookie ID, and similar information regarding what you search on your browser and on your device.
- Demographics, including gender, age, location, religion, etc.
- Device ID.
- The location of your device.
- Device information, such as model, operating systems, etc.
- Applications installed on your phone.
Their website collects the following data:
- IP addresses
- Browser information
- Information related to network, protocols, and software
- Time of visits
The Distribution of the Data
Tapestri distributes or sells the collected data to numerous companies to help them formulate effective advertising and analytical strategies. In addition, the data gives them a comprehensive view of the interests, demands, and trends of the current market.
In return, Tapestri gives the users a portion of the revenue they generate from sharing of data.
Currently, Topestri uses Google Analytics to assist and speed up their data tracking process on the app and website. Through Google Analytics, the data is collected automatically. However, their partnering technologies and services keep changing from time to time.
However, the company welcomes your every concern and asks you to contact them if you want to know or confirm the service providers or tracking technology used.
How To Start With Tapestri?
Like every other app, you need to download the app and register yourself with a sign-up account. Luckily, the process is simple and basic, that is completed in just 3 steps:
- First, download the app from Google Play or Apple App Store.
- Next, fill in your details and sign-up.
- Lastly, agree to the terms, and you are done.
How to Earn From Tapestri
Tapestri gives users multiple options to make money. Not only do their affiliate programs pay off really well, but the free app version also offers a good amount to start with.
Primarily, you can earn from Tapestri in two different ways, by installing the free app on your smartphone or by subscribing to its Affiliate Program.
The good thing is that you can earn from both methods simultaneously or just see how it goes with only one.
1. Install the Free App
Fortunately, the Tapestri app is free, so you can install it on your smartphone easily. Once you install it, don’t forget to change the location settings in the app to “Always.”
Usually, you can earn any amount from $5 to $25 per month. However, the amount may vary as per your geographic location and the period you installed the app.
Even though the app doesn’t cost you anything, the only thing you should worry about is your data being extracted daily.
2. Affiliate Program and Compensation Plan
Another way to earn from Tapestri is by becoming an affiliate.
Strangely, though, users have to subscribe to the affiliate program and pay a fee of $9.95/month.
The Tapestri Affiliate Program offers users commission when they convince others to install and sign-up for their app.
There are two tiers or levels for commissions:
Tier 1
At this level, you will earn $1 for each friend who joins the app with your affiliate link. For example, if you convince 15 people to install and join the app through your affiliate link, you will make a total of $15.
Since there is no restriction on the number of referrals, you can invite as many people as you want and increase your total commission.
Tier 2
In tier 2, you will earn when your referrals from tier 1 invite other people to install and use the app. The earning amount in this level is the same as in tier 1. However, the maths is slightly different.
For example, suppose your 15 tier 1 referrals recommend the app to 4 people each (60 people total). So, you will earn $1 x 60 = $60.
Like tier 1, there is no limit to the referrals of tier 2, so you can ask your referrals to invite as many people as they can.
People with good marketing and sales skills can even earn $100+ a month.
On the other hand, those who aren’t good with other people can also make good money from Tapestri. They have to install the app and let it harvest their data monthly to reap a few bucks at the end of each month.
Pros & Cons
Despite many advantages, the Tapestri also has some downsides that one must watch out for as well:
Pros
- Free App: The app doesn’t come with a cost, which means you can earn money without investing a single penny.
- Monthly Payments: You will get a guaranteed monthly payment of up to $25 for your anonymous data without making any extra effort.
- Affiliate Programs Increase Earnings: Again, there is no limit to earning from Tapestri. You can increase your monthly earnings by investing $9.95 per month.
- Market Insight: The data collected and sold to different companies help them understand the changing market trends, customers’ needs, demands, and interests.
- High ROI in Top Tier Countries: In developed countries, like the USA, UK, and Australia, advertisers usually bid high for the data. So, someone residing in any of these countries can generate even more ROI than the rest.
Cons
- Unbelievable Money Offer: Where the $25 offer may sound drool-worthy, one can’t just ignore the doubts linked to it. Some may think that this amount is a bit far-fetched for anonymized location tracking data, and there is more that they hide from the users.
- Lack of Transparency: As a consumer, you can never know where your data gets sold. This somehow creates a sense of doubt between the users and Tapestri, which may be a weak point for the company.
- Affiliate program costs money: it costs almost $10/month to join their affiliate program, whereas most other companies and apps let users join their affiliate/referral programs for free.
Frequently Asked Questions
Who created the Tapestri app?
Walter Harrison’s, previously founded company, Complementics, also offered mobile location analytics services for Fortune 100 companies. However, in 2015, he sold the company to info.com and became its Co-Founder and Chief Revenue Officer. All in all, Tapestri isn’t the product of a rookie player here.
Is your data completely secure with Tapestri?
Although the company assures you to protect and keep your data safe, they don’t guarantee you the security of any information you provide to them. This is a bit surprising since the company is all about “prioritizing their consumers”.
However, Tapestri ensures that it takes all sorts of measures to protect your information against any theft, loss, disclosure, and unauthorized access.
But regardless of that, you must always submit your personal information online with caution. Moreover, stay vigilant about what you are sending to the company via email or any other channel.
How long does Tapestri retain your data?
Tapestry retains your data for an indefinite period unless you delete the app or the company is asked to delete the data by law.
What Does Tapestri Not Collect From You?
Apparently, the Tapestri app claims it doesn’t collect your personal files, like texts, photos, documents, and contacts. Plus, it is neither interested in controlling your microphone nor listening to your confidential conversations.
The app doesn’t know your real identity, it only recognizes you from your device ID no. and location. Meaning, it doesn’t know who Karen is, but it sure knows her device’s location.
Who is Tapestri best for?
Tapestri welcomes everyone from all over the world. You don’t have to obtain any approval or go through any paperwork to join the Tapestri community. All you have to do is download the free app on your phone, consent to share your data, and start earning.
On the other hand, companies can rely on Tapestri to get quick customer data. Even though they have to pay a hefty amount of money in exchange, the profit they generate through that data is definitely worth it.
Besides, those who don’t like asking people for help, especially introverts, can use Tapestri and earn for free by just downloading the app.
Who is Tapestri not for?
Tapestri is not for people who prefer their security and privacy over anything else. Moreover, since the company doesn’t completely assure the confidentiality of your personal information, these people shouldn’t even think about installing this app.
Apart from that, Tapestri has a very strict policy for teenagers below the age of 16. To give your data to Tapestri, you must be 16 years of age or older.
Should You Download the Tapestri App?
Tapestri is an excellent opportunity to earn and obtain data around the world. Since its working process is still not clear, we can’t confidently ask you to download the app and provide your information to it.
However, if you want to give it a shot, you can try the app for free in the beginning. Then, once you think it’s working for you, invest $9.95 for the affiliate program, and start earning as much as you can.
In case it doesn’t work out for you, you can delete the app anytime and stop it from collecting your data.
The best part is that there are no videos to watch, ads to skip, or surveys to fill, just install the Tapestri app and earn!
