This past couple of weeks I've been looking for new trends and how to utilize and somehow monetize my internet usage. While busting around numbers of keywords and related links, I saw a post from Eileen Brown on her article in
Zdnet.com about the new social network. I was kinda like hesitant to read it becuase I thought that it's just another Facebook, Twitter, Instagram and Tumblr kinda stuffs. But what catches my eye is that this social media I'm about to tell you is not your ordinary social media like Facebook, Twitter, or Google Plus but it proposes to change everything we knew about socializing over the internet, not just to connect to friends or new friends, to families, co-workers, businesses, blogs and funny memes from 9gag or Imgur but your time and effort doing stuffs are rewarded through royalties for you to generate income. I don't want you to think that it's another scam, fake or hoax but giving you an out of the box kind of social network. Specially when you are looking for extra income doing business online.
I'd run over searches to find truths and evidences if this company really exist. And I did, it was all over the internet spreading like crazy. It's all over the news like Fox Business' interview
"Social Network pays you to post" and it hopes people to woo from likes in Facebook and Twitter.
I'm currently in the Philippines and I wanted this to share with my fellow countryman but of course this is definitely for everybody who has internet access.
The social network
Tsu is what we are talking about, If you haven't heard of it this is the right place to begin with. TsÅ« is a free social network and payment platform that shares up to 90% of revenues with its users (tsÅ« is pronounced ‘Sue’). The social network has had a cash capital of $7 million from investors before launch. Recently unveiled after a $7 million venture capital investment, Tsu was founded of entrepreneurs Sebastian Sobczak, Thibault Boullenger, Drew Ginsburg, and Jonathan Lewin.
The concept is just simple: Users make and share original content, just like they do on all other social networks, but on Tsu, they get the royalty share of the ad revenue. Tsu differentiates itself from Facebook and newcomer Ello because it aims to reward its users. It just displays ads and promises to pay its users for contributing and sharing original content.
So How To Make Money In Tsu?
It's not too difficult to join Tsu network. If you have a short code, you can join. If you know someone else’s short code (mine is TheDijae) you can create your own account on the network.
Tsu will keep 10% of the ad revenue, and will distribute the other 90% to the users, basically based on how often they post, how widely what they post was shared, and also how many friends they have recruited into their personal networks on the system. How the money gets split up depends on a what they call "Tsu Algorithm", with the user who creates a post would be getting the largest amount and portions decreasing as you go further down the sharing tree.
Tsu represents a social monetisation website for content. You can invite people to join the network. These users will become your “children”. Any people they invite will become their children and your “grandchildren”.
It is a bit similar with the MLM concept of the "pyramid" selling, but Tsu is different it's all about content. Tsu’s algorithm automatically measures, tracks,and distributes revenue to the targeted user and their family tree of children and grandchildren.
The network wants you to create your own network and control over it. It also wants you to receive revenue for the original content you own and post.
The 90% of revenues are distributed to its users. To maintain the platform, Tsu receives 10% of revenue. It uses the term “infinite thirds” to describe how it distribute its revenue. Here’s how it works:
From $100 revenue, $90 is shared with users. If four users have shared and re-posted content, the revenue is split like this:
The original content creator receives 50 percent of the remaining $90; in this case, $45. The first user to share the content gets 33.3 percent (one third) of the original $90 generated. In this case, $29.70.
The second degree user, who shares the re-posted content, receives 11.1 percent (1/3 of 1/3 = 1/9) of the original $90 generated. In this case $9.99. The third user (think your third degree connection) receives 3.70 percent (1/3 of 1/3 of 1/3 = 1/27) of the original $90 generated. In this case $3.33.
Its a very cool way of sharing revenue – surely something that other companies might be interested in copying.
Tsu wants its users to be able to monetise all of their content through sharing. According Tsu founder Sebastian Sobczak says: “Why should anyone commercially benefit from someone else’s image, likeness and work giving no financial return to the owner?”
Will Tsu provide its users with the features that other networks cannot?
It certainly seems to have enjoyed significant buzz just one week after it was launched. Ello, however, appears to be slipping in its popularity if Google searches are anything to go by.
Most users who share and like content will not see their Tsu revenue increase by more than a few cents. But the content that produce awe inspiring, buzzy, trending, funny and great content will reap the rewards as their content ripples across the web.
Some users and influencers will make a lot of money. Brands might be able to justify some of their marketing investment. Most users — who only click to like and share — might find that Tsu is not the super platform they hoped it would be.
I will certainly shift my focus away from Facebook to give Tsu some quality social time. So if you want to give a shot on Tsu the first thing you need to do is to
signup. See you there!