Tsu: The First Social Network Where Users Own Their Content – And Get Paid For It

[Myna]

In Today’s world social networks like Facebook and Twitter both use user-generated content to generate profits for their shareholders with no money going back to the user.

Now this has been the norm ever since the beginning of this digital age, but a revolutionary idea has come along looking to change everything around!

Tsu is the first social network that is opening up its bank to share 90% of the revenue generated with it’s users. It just launched on the 21st, and its algorithm intends to re-distribute sales revenue directly to its source. TSU also works on an invite-only basis.

To register, follow the link: http://tsu.co/Giveaways

*the screenshot they released, is most probably for promotional purpose only, and is not a profile belonging to a real person.

90 percent of revenues are distributed to users. To maintain the platform, Tsu receives 10 percent of revenue. It uses the term “infinite thirds” to describe how it allocates its revenue. Here’s how it works:

From $100 revenue, $90 is shared with users. If four users have shared and re-shared 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-shared 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 to Billboard, 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?

Source: http://www.zdnet.com/new-social-network-tsu-shares-ad-revenue-with-content-creators-7000034983/

[VileTouch]

hmm... :think: so let me get this straight, in addition to sharing your pictures, friends, etc you also have to give them your bank details?

err... thanks but i'll pass.

[Myna]

hmm... :think: so let me get this straight, in addition to sharing your pictures, friends, etc you also have to give them your bank details?

err... thanks but i'll pass.

No. Unless you want to redeem the cash.

This might help....

90 percent of revenues are distributed to users. To maintain the platform, Tsu receives 10 percent of revenue. It uses the term “infinite thirds” to describe how it allocates its revenue. Here’s how it works:

From $100 revenue, $90 is shared with users. If four users have shared and re-shared 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-shared 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 to Billboard, 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?

Source: http://www.zdnet.com/new-social-network-tsu-shares-ad-revenue-with-content-creators-7000034983/

[rudrax]

And when it gets popular - they will own all your contents and you will need to pay them to modify the contents.

[Myna]

And when it gets popular - they will own all your contents and you will need to pay them to modify the contents.

Nope.... Like the headline says, Users Own Their Content.

[rudrax]

And when it gets popular - they will own all your contents and you will need to pay them to modify the contents.

Nope.... Like the headline says, Users Own Their Content-

-for now.