The Social Media giants may be in trouble!
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.
Tsu (pronounced
‘Sue’) is the first social network that is opening up its bank to share
90% of the revenue generated with it’s users. It just launched on the
21st, and its algorithm intends to re-distribute sales revenue directly
to its source. TSU also works on an invite
-only basis.
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
what sets them apart is that only 10% of that ad revenue is returned to
Tsu. 50% of ad revenue is sent to the content owner. The other 50% is
given to the user who brought the content owner into the network. Where
as any other network keeps 100% of the profit for themselves!
So , to get the free invites !
And Don't forget to follow me (Username:ShiVang_Du)!! :p
