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Site of the Day: - a Social Network that Pays

Posted on 8.16.2007

A new social network is about to launch. Normally, that would be a run-of-the-mill occurance, but this one is different. You can make money by signing up and recruiting your friends. Friendswin offers an affiliate compensation program that pays commissions for referrals. By signing up you can become an Independent Marketing Representative (IMR). Then, by signing up others you get a comission on a tiered basis - 5 members (who pay a $9.97 per month fee) pays out 3%, or $0.30 per member ($1.50). Sign up 25 members and get 4%, or $0.40 per member ($9.97). Sign up 125 members and get 5%, or $0.50 per member ($62.31) and so on.

It's an interesting model to build membership and share in profits of this ever-expanding medium. Soial netwroks are growing at a rate of 89% per year.

The feature set of Friendswin includes video enabled profiles, video conferencing between friends, video dating, sharing of videos, blogs, music, classifieds, events, forum entries, and favorite/popular categories among users and groups.

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