AGLOCO - Pyramid Scheme-

Document Sample
AGLOCO - Pyramid Scheme- Powered By Docstoc
					?Copyright ? Glenn Jones


As I am sure you know by now AGLOCO has launched their program. Touted to be
the Internets first Economic Network, which will harness the power of the
Internet-based social networks to "directly benefit the Members who help to create the
community". What does that mean?

The founders of AGLOCO (A Global Community) saw the huge potential in the
social networks like MySpace, Facebook, and YouTube. All those potential customers
have advertisers drooling at the mouth. If the users created the community why not
give them a portion of the ad revenue that was being generated. Share the wealth.
AGLOCO was their answer.

How would this work? I'm glad you asked. You have to become a member of
AGLOCO. You first are required to fill out a simple sign-up-page. After that you must
download a piece of software they are calling a "Viewbar". (Currently being tested)
Oh did I mention that this is FREE? Yep a free membership.

The viewbar would allow you to do an Internet search. The search engine provider
would then pay AGLOCO a fee. While you are doing your search the viewbar would
have targeted advertising displayed. If you were to click on the ad and subsequently
make a purchase, then AGLOCO would be paid a fee. Obviously the more people
who become members, the higher the fee AGLOCO can demand from the advertisers.
A large portion of that money would then be paid back to the members. Other
expected sources of income include commissions form transactions, the distribution
of software, services distribution and product distribution with the accompanying
referral fees.

Members earn a monthly share of the AGLOCO revenue based on the use of the
viewbar each month. Those members who refer others, will earn even more. The idea
is to build the membership numbers as quickly as possible. Since members are
rewarded for those they refer, the critics have screamed "pyramid scheme". You will
have to decide for your self.

According to the Agloco web page, members are not expected to do anything
differently from the way they use the web every day. Surf, chat, buy, blog, email and
work just like always. The only difference is members will have their viewbar open.

Another concern that has been mentioned is the fear of a lack of privacy. Maybe there
is secret spy ware that is waiting to harvest your information. Founders have assured
everyone that this is not the case and the public scrutiny AGLOCO is undergoing
should be an adequate deterrent to keep everyone honest. The company has been very
straight foreword in their determination to abide by the anti-spamming rules set by the
international web community.

Even the critics agree that AGLOCO has become a phenomenon that will have to be
reckoned with. If it fails you can always feel good about saying "I told you so". But
what if the critics are wrong? What have you got to loose? It doesn't cost you anything
and might over time be of value. It is also fun to get on board at the head of the line
and see where this thing will go! Besides when was the last time you owned the
Internet?

				
DOCUMENT INFO
Shared By:
Categories:
Stats:
views:8
posted:4/9/2011
language:English
pages:2