One of the blogs I read on regular basis is Retire Young and Wealthy. Recently its founder Mike thought of an interesting challenge for himself. In the month of February he is planning to create one site every day for the whole month, that is 28 sites in 28 days. As he puts it:

I have a heap of domains just sitting there, so I thought I would set a challenge to get 28 new sites up and running over the 28 days in February. Of course these won’t be fully complete sites, and some might just be a single page, but the fact is I need to get them all going. So I have decided to create the “28 sites in 28 days� challenge.

Even though this goes somehow against my way of thinking of concentrating the focus on one site before starting another, I will definitely closely monitor Mike’s progress on this adventure.

According to some latest reports, YouTube.com is planning to introduce new advertising system on all its hosted video clips. While the exact details and workings are still under developments it is expected for YouTube.com to share the profits from such campaigns with the video creators.

YouTube.com was established approximately 3 years ago by two young man Chad Hurley and Steve Chan. The immediate success of their newly created videoclip hosting site could not escape attention of all the existing Internet giants. The biggest of all, Google also struck a deal and in November 2005 purchased YouTube for an estimated US$1.65 billion dollars.

To this day it appears that only revenue stream for YouTube are the contextual, AdSense-like adds on their pages. However this is about to change very soon as Google, in its quest for complete Internet dominance, is going to pull in some more advertising dollars by embedding the adds into the YouTube hosted clips.

As per this BBC report, YouTube.com has not yet finalized all the details of the proposed systém, so the exact nature of commercializing one’s clips is not known yet. At this stage it appears that the founders are quite receptive to idea of having an inbuilt, they say non-intrusive, 3 seconds add to run at the beginning of each clip.

So what is the good news? Well, if all works as planned, you and I should soon be able earn few dollars from our video creations uploaded to YouTube. Not unlike the AGLOCO get paid for browsing Internet program, it will provide the aspiring movie director in you with money for activity you have been gladly doing for free.

However if you were not happy with YouTube before and the proposed increase in commercializing exhausted your patience you may want to look at some existing alternatives such as Revver, Zippyvideos, Bolt and others.

While this may seem like a joke or at least an unbelievable scheme, one newish internet company is trying to resurrect this not so new dot com idea. The company is called AGLOCO and it is in a startup stage of creating an advertising program where a part of the profits will go back to the Internet user.

What is AGLOCO?
According to the available information, AGLOCO is trying to build on a late 90ties concept of paid web surfing promoted by now non-existing doc com venture AllAdvanatge. In the 90ties AllAdvantage worked out a system which was rewarding its members according to the hours they stayed online and paid commissions for newly referred members. The system worked reliably and was providing some members with very handsome profits until the dot com crash of early 2000.

How does it work?
The principle seems to be simple enough. Once signed up with AGLOCO a new member will need to download and install custom AGLOCO Viewbar to his browser.
This toolbar will than monitor his or her browsing behaviour and effectively will also earn the money from which the member is to be paid.

More money for referrals
On top of the money made by browsing, members are also encouraged to refer and recruit new people to the system and earn potentially much more. A successfully referring member will be also paid part of the profits made by all his direct (signed by member directly) and indirect (signed up by member’s referral member) referrals.

How much is there to earn?
Surfing on his own, a member will be only paid for a maximum of five hours of browsing per month. Once he achieves that time limit in any given month, the AGLOCO Viewbar can be turned off until the next month.
If a member is successful in singing up only a few active members of his own, the combined earnings could however be quite impressive. As per AGLOCO’s membership calculator if a member signs up only five direct referrals who than go on and sign up another five each the resulting earnings are 4,886.25 per month.

However please be aware that the specified amount does not represent earnings in dollars but rather in a mix of AGLOCO shares and cash, details of which are yet to be specified.

Whats the bad news?
For a person who spends most of the time in front of the computers screen and on the Internet now browsing for nothing, this scheme does not really have any drawbacks. After all if one is willing to do it for free why not to earn few dollars that way?
But admittedly there are two minor hurdles for AGLOCO yet to overcome:
First - the AGLOCO Viewbar is still only in beta testing version so it can not be used to earn anything
Second - to my best knowledge it is yet to be determined what exactly are the earnings worth as the AGLOCO shares are not available and their face value has not been established

Where to from here?
Clearly there is more benefits than drawbacks if the system operates as it is planned. From that reason I already signed up with AGLOCO as, if nothing else, I would like to see how the system fares in the future. If interested you can also register here through my link www.agloco.com/r/BBBB9011 which will put you in as my referral. Once registered all you need to do is replace my user ID with yours and use the same url to start building you own AGLOCO network.