Hey
Megavideo is a part of the famous files host megaupload and they have the same reword program as megaupload but this on is alot easer to get the points from megaupload .
The hole idea is to upload your original videos and you will get 1 point per ip a day ( from about 150 country accepted )
Payments are at your paypal and it takes about 7 days to be proceeded .
hxxp: megavideo. com/?c=rewards

To be qualified to the reward program you must upload original videos or you will get banned , you can read all about their TOS in the site .
After you collect the points you must have a premium account ( paid for and not converted from points ) to be qualified for payment .