In Today’s world social networks like Facebook and Twitter both use user-generated content to generate profits for their shareholders with no money going back to the user.
Now this has been the norm ever since the beginning of this digital age, but a revolutionary idea has come along looking to change everything around.
According to Tsu's founder, Sebastian Sobczak:
“Established social networks have built amazing business models prospering on the total monetization of free user-generated content. Why should anyone commercially benefit from someone else’s image, likeness and work giving no financial return to the owner? The markets we participate in are enormous, growing and can materially compensate each user -- we’re simply and uniquely rewarding the users who are doing all the work. This is the way the world should work.”
At a glance, Tsu seems to work in the same way as any other social network. Page views generate ad revenue, but only 10% of that ad revenue is returned to Tsu. 50% of ad revenue is dolled out to the conent owner. The other 50% is given to the user who brought the content owner into the network.
Confused? I was a little at first too.
That 50% of profits propogates in an infinite series of thirds up a 'family tree' of users that begin with the original content owner. The person who invited him is the parent, and they get a third. The person who invited that person is a 'grandparent' and received a third of that third. So it's like one giant pay-it-forward platform.Once you've accumulated $100 in your 'bank account,' you can cash it in. Sounds pretty neat, huh? Click here if you'd like to join, and be sure to follow us too.
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