It’s a web 2.0 site in the sense that it relies on contributions from thousands of internet users to build up a social network. The difference between yuwie and, say, MySpace is that it shares its advertising revenue with its members on the basis that the more you use it, the more you make.
There’s a ton of things like that out there but I took a look at the Alexa ranking for yuwie (Alexa gives you one opinion about the popularity of a site) and it seems to be very fast moving although it is very early days. Today yuwie ranks around 15,000 which means only around 15,000 websites of the many billions that are out there are more popular.
On 3rd August the figure was around 50,000 so it’s moving up very fast indeed.
One of the more powerful aspects of yuwie is that you make money when people you recommend to yuwie sign up too - like a network marketing arrangement but crucially without the need to pay anything to join. It all goes down 10 levels or something like that which sounds stunning except that there aren’t really that many people on the planet!
The current advertising revenue appears to come mainly from AdSense too so it is another way of getting paid by Google.
So where’s yuwie going? I don’t know yet but we’ll probably know in a few weeks time. The crucial factors will be the popularity of the interface and site functionality and how quickly it builds critical mass.
The critical mass factor will definitely be helped significantly by the in-built revenue sharing aspect. Only time will reveal whether the functionality is attractive to a wide range of users.
Worth a look at at this stage if you wish to broaden your income streams and possibly get in on a potential winner early on.
It’s free to join.
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