Last year, I told you about the second coming of the pay to surf phenomenon known as AGLOCO. Panda Killer was one of its hugest supporters, often posting his skyrocketing referrals month after month. He hasn't posted one single word about AGLOCO since July and only briefly mentioned them in his a recent post about yet another clone. He used to post everytime he got another thousand. Has the AGLOCO ship sunk? Well, after all the hoopla and hype, it kinda looks like the ride is over. I received this email from what appears to be AGLOCO's email service...
We would like to update you on the status of AGLOCO's operations. We continue to believe in the AGLOCO concept, but our revenue is currently not sufficient to give Members a meaningful distribution. And though there are increases in membership, the resulting revenue is not enough to support operating costs. As a development team we are unable to continue to use our savings to fund the operations. If any Member would like to pursue continuing the operations of AGLOCO, you may contact us at email@example.com .
We would like to thank every Member for supporting our effort to bring a piece of the Internet directly to the user. We hope that we can find a way to keep the operations going.
AGLOCO Development Team
John Chow's Worst Nightmare Come True!
Despite all of the Root of All Evil's hype about making money online and how this would fit in, it looks like the AllAdvantage clone has gone the way of....AllAdvantage. This definitely made NO MONEY online. In fact, it LOST MONEY online, something that John doesn't want to hear! I'm sure John is going to want to distance himself from this pretty quickly since this was one of the many defining moments of his blogging career. But then again, even the Pandas get a few good shots in once in a while. John made some predictions about three likely scenarios that would come to past. Well, it looks like scenario one is unfolding fast...
Stanford... You Suck!
Even though they had that huge brain trust of Stanford Grads and what not, the ship was sort of doomed from the beginning by being associated with the first pay to surf failure: They had the failed AllAdvantage ex-management there! It also took them forever to launch the viewbar and when they decided to launch, the hype that was created had pretty much dissipated. Then I discovered that the viewbar would continuously crash on all my systems, doing funny things and was generally retarded, so I uninstalled it and didn't look back. This happened to others as well, so there goes your advertising vehicle. If no one runs it, how can you advertise? I guess Stanford isn't a great marketing school.
I Make Money Online Over...How Many Months?
When they announced that payments would be amortized over months (actually years, but months sound better...about 120 of them), I think that pretty much put the nail in the coffin for a lot of people who though they could profit off this. Sure, there is no initial investment of money, but there is investment of time, and based on all the blog posts that people did to hype this program up, everyone lost on this deal, especially those that sunk a ton of cash into advertising and building up their referrals. But the troubles aren't over...
Who's Going To Protect Your Privacy Now?
AGLOCO's open letter to its user base looking for someone to takeover operations would mean that the lucky user would also take control of that huge database of users and the surfing data it collected. In the beginning, AGLOCO was SERIOUS about SPAM and protecting your privacy and dispatched a lot of heat about it being spyware. They even hired on Internet Privacy Guru, Ray Everett Church. Well, with the company gone, who's going to ensure that privacy is maintained? Since the company wasn't registered in the US, but in Hong Kong S.A.R., who are you going to sue if the data gets leaked?
Like AllAdvantage, It's Dead!
Well, at least I Made Money Online with AllAdvantage before they died. AGLOCO was a total flop from the botched viewbar launch to the vague then ultimately ridiculous payment program. I'm just glad that I didn't let myself get swept up in it and didn't spend too much time, save for a few blog posts, talking about mainly the things I thought were wrong with it like the Spyware issue. Seeing as all your surfing and contact data is now up for grabs, mine included, it might as well be "Offline" Spyware.
While John will have over 21,000+ referrals that will be pissed when they hear about this. I'll only have 229 to worry about