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Old 10-18-2011, 03:47 PM  
DVTimes
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Fairer than Facebook? New social site PAYS you money for your best posts

Facebook earns its £1.1 billion a year in advertising revenue by posting adverts at the side of users pages.

So if you're a prolific Facebook poster whose every post is buried in 'Likes' and comments, you're effectively providing free entertainment while Mark Zuckerberg's multi-billion company pockets the profits.
A new start up - Chime.in - aims to take what it sees as a fairer approach.
Half of the revenue for the adverts which appear on someone's Chime.in page will be split with the person in question - and if users sell the space direct to companies they can keep all of the money.

The arrangement is unique for social networking and is ?firing a shot? across the industry, said Chime?s creator Bill Gross.

Until now websites like Facebook and Twitter have simply raked off all the money made from advertising whilst users earned nothing.
Gross said that with Chime ?finally, the interests of the content creators are aligned with the interests of the publisher because they get something for their hard work?.

More...Google 'to sell music': Is search giant about to launch its own iTunes rival?

Gross currently runs the Ubermedia network which is responsible for Echofon and UberSocial, two popular Twitter clients which reach a combined six million users.

It will have many of the same features as Twitter and Facebook such as a news feed, a panel to see who is online, messages and updates.

http://www.dailymail.co.uk/sciencete...ney-posts.html
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