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Monday, December 10, 2007

STOP PRESS! Agloco dies a death!

If anyone was in on the wild and crazy, make-money-to-surf Agloco scheme they would have received this email during the day:

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 agloco1@live.com.
Just in case you need my wise interpretation of this missive, it means - "the idea never worked, it was doomed from the beginning, Agloco has gone &^%&%-up".

The history
If you didn't know, we were told that Agloco was going to help us all make money online, just by installing a "viewbar" which showed ads while we surfed, the toolbar being programmed by poor underpaid Chinese workers in Shanghai. (well, that was my slightly biased take). The idea had MANY detractors from the beginning, but also had gazillions of people promoting it, not least the mighty John Chow - who will no doubt still defend his decision - indeed, there were people actually paying for major Adwords campaigns which were still running until about, ooh, 12 hours ago!!

Now it's all gone pear-shaped. I don't want to gloat, I kind of feel sorry for them. Maybe it was worth a try. But something stank about it from the very beginning.

We can discuss the reasons for the much-predicted death of Agloco, but one thing is for sure - there is still seemingly NO evidence that anyone will ever be "paid to surf" in "any meaningful way" to use their own expression...

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