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Internet & Tech: The next MDHP?
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Seth Godin thinks it is. Pretty interesting concept.
What do you think?
Original Young Go Getter -
Nice, pretty interesting but on its own it's a one shot wonder like MDHP was. Could be interesting to tie this advertising model into real websites though.
Investoid - Finance and Investing in Perspective -
So when someone buys the thing above you, you actually get the money back? I don't get it...
Follow me on Twitter and check out FlipSquare -
I think its once your logo gets pushed off the bottom of a row you get your money back.
Original Young Go Getter -
No, when it gets pushed down you get paid. Everytime. So if it gets pushed down twice, you get paid twice.
"When a new ad is bought in your column, it pushes your ad down one space and you get your initial payment back. The price for ads in your column doubles again.
When a second ad is bought in your column, your ad moves down a space again and you receive another payment equal to the amount you initially paid. Congratulations! You have just doubled your money!*
* = minus Paypal transaction cost"
No Debt Plan -- Living Debt Free -
Holy shit man...you could actually make bank on that! But it's already so expensive...I don't know...
Follow me on Twitter and check out FlipSquare -
How does the site owner get paid?
Follow me on Twitter and check out FlipSquare -
Hmm wait. You only get paid twice.
Example:
You pay $1. Site owner has $1.
Someone buys an ad above you for $2. You get paid back your $1. Site owner now has the other $1, totaling $2.
Someone buys an ad two spots above you for $4. You get paid $1. Guy above you makes his original $2 back. Site owner makes an additional $1 and now has $3.
Someone buys an ad 3 spots above you for $8. You get nothing. Guy above you gets $2 (now has $2). Guy above him gets his original $4 back. Site now has $5.Make sense?
No Debt Plan -- Living Debt Free -
Yeah...forget it!
Follow me on Twitter and check out FlipSquare -
Yea, but it has appeal at the top and bottom. For the guys who get in on ground floor, they make a buck and get a lot of exposure.
For those at the top, it gets more risky. Spend $4096, and hope someone will pay more than $8k for the next spot... and you'd make another $4096 off of it.
No Debt Plan -- Living Debt Free -
It's a classic ponzi scheme... nothing really new. The numbers will get so high no one will want to pay the next amount.
Investoid - Finance and Investing in Perspective -
Posted By: jdocIt's a classic ponzi scheme... nothing really new. The numbers will get so high no one will want to pay the next amount.
Yeah, it doesn't seem to have the possibility to hit the million marker with such a setup. Still, a complexly interesting concept.
Original Young Go Getter -
There's some guy on YE claiming to have got on early. Apparently he bought in when it was at the $2000 mark or so and got back his money.
I certainly hope the people who paid $4000 got enough traffic to substantiate that purpose in case nobody keeps buying.
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