Is This Free Phone a SCAM? Here's the Truth | Mode Mobile

29 Jun 2026 · 20 min
20:02

In this video Dan Novaes, founder of Mode (Anmode) Mobile, directly addresses tech reviewer Austin Evans' claim that Mode's "Earn Phone" and associated app are a scam or pyramid scheme. Novaes explains the company's mission to turn smartphones into income‑generating tools for people in 170 countries, highlighting that over 50 million users have collectively earned more than $1 billion in earnings and savings. He outlines how the business works: advertisers pay Mode to deliver engagement opportunities (music streaming, gaming, charging, reading), Mode shares a portion of that revenue with users, and optional premium "Earn Club" memberships unlock higher earnings and a subsidized phone. The video details the hardware (Earn Phone 1 & 2), its low‑cost, dual‑SIM, SIM‑free design, and the fact that the app can be used on any phone. Novaes refutes pyramid‑scheme accusations by describing the capped, activity‑based referral system and comparing it to referral programs from Uber, Dropbox, etc. He presents audited financials, Deloitte‑verified growth (32,481 % since 2019), $12 M EBITDA and $40 M revenue in 2025, and $70 M raised via regulated offerings. User testimonials illustrate weekly earnings of $25‑$75, showing real‑world impact on bills and life events. Throughout, Novaes emphasizes transparency, optionality, and the mismatch between Austin’s affluent audience and Mode’s target of low‑income users. The video concludes with a call to try the free app, consider investing, and invites Austin to speak with actual users.

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