Saturday, July 28, 2007

How are the AGLOCO cash payments going to work?

Here is the response from AGLOCO:

So, here are three of the potential ways AGLOCO can pay Members. As you know, when you use the Viewbar you accumulate hours (currently up to 5 hours/month, and plus a credit of referral hours at a 25% rate). These hours, both your monthly totals and your overall accumulated hours, are the basis for cash distributions.

Monthly Viewbar hours: Based on the hours you and your referrals surf each month, you will get a share of the “distribution pie”. Your share is equal to your percentage of the total hours accumulated by all Members (including referral hours). How would this work? Here is a hypothetical example. Suppose in a given month AGLOCO distributes $100,000 for that month’s hour accumulation. Also suppose that the total hours all Members have accumulated that month is 1,000,000 hours. This means that AGLOCO would pay $0.10 for each hour you are credited with that month. So in this example if you had accumulated (yourself plus referrals) 500 hours that month, you would be paid $50.

Total Viewbar hours: AGLOCO may also pay in the same manner as above based on total accumulated hours. This would “weight” the payment more towards those Members who joined and began accumulating hours earlier (including the time before the cash payouts have begun).


Jeanne
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