I don’t know much about the Web 2.0 boom. Apparently, its all about the user intervention- managing the web as a platform so that users can create and update the content as per their wishes and ability. And all of a sudden, the social networking sites are a Craze; hi5, Orkut to name a few. Google™ bought Youtube™ for quite a tidy sum. And facebox netlog seems to getting equally popular. Everybody seems to be making money that goes off the charts.

So in my endless pursuit for some spare pocket change, I am supporting some venture capitalist in promoting their venture. AGLOCO™ is this company started by a few guys from Stanford that will give members money simply for surfing. Their slogan goes Own the internet. Too good to believe? I read about the company and it seems that a majority of the founders of this company are the same guys who came up with a similar idea during the dot-com bubble burst – AllAdvantage. AllAdvantage seems to have made quite a buzz earlier and paid out $160 million to its members before finally fizzling out in 2001.

AGLOCO™ promises to pay its members initially in terms of company shares convertible into cash through the bank accounts or through Paypal. They are still writhing about a trademarked software called Viewbar™ which will monitor your surfing habits and generate revenue from ad agencies and cut members into the profit. It has created quite a buzz, but the sad part is Viewbar™ has still not made it (its still under development). People are promoting it and so am I. I have nothing to lose in promoting this “freemium” and hopefully I will gain something out of it. This time around when AGLOCO™ dishes out $160 million I want my piece of the pie:-)

To read what made me to register with AGLOCO™, go here>>

Register with with AGLOCO using my referral id 

Categories: musings

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