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The idea is good and has a value. It's near what Adult Buffet does with zuludatabase except they don't charge you.
the $3/fee is symbolic and will represent i guess the cost of someone working on this. It's not the easiest thing to deal with 1000 webamsters. It can be done through paypal, so nobody will get your CC info. Such vital information I suggest you not to share with anyone, but I guess you already knew it.
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