Friday, May 22, 2009

Status of Cash-Out System: None

There have been no updates on the cash-out system in nearly a month, with the most recent update on the blog coming on May 1st, but says little in terms of what was supposed to happen with the system. In reality, it is doing more harm than good to keep the users misinformed and out of the picture.

As it currently stands, roughly four hundred thousand credits have been depleted from the system, assuming that the correct percentage is being returned back to members. This is a far cry from the one million that were supposed to be depleted daily. More credits are being generated daily now than before, and many members have become infuriated to the point that they no longer want to participate in a system that doesn't invite new ideas from a traditional advertising system and traffic exchange, as the "community" has nearly died as the system has become monetized.

In the one to two months since the new system was launched, there have been numerous occasions where questions were left unanswered. The simple fact of the matter is that this advertising system needs to be advertised elsewhere, outside of the system, to people who may have larger budgets than many of the smaller, personal-level bloggers involved in the system.

For one, to encourage more people to cash-out, a flexible rate should be provided, depending on the demand: more demand, less $/1,000 credits, and the less demand, more $/1,000 credits. I am sure that there are ways to track the value that credits stand and appropriate pay rates (for paying in the future), so a system where there isn't a flat rate of a paltry $1.

Finally, even if there isn't funding behind the site like there once was, there is also an apparent lack of time being put into managing the blog, a critical part of the site, which serves to inform members and present them tips on improving their blogs. These are just a few ways that the system could change, and they don't require many drastic changes beyond simple modifications to what is already present.


blogangel said...

Hi I just stopped by to drop on your Entrecard and wanted to let you know that you have been added to Blog Angel's All Above the Crease Drop List . I created the list because I was sick of wasting time trying to find people's Ecards. You and everyone on the list has their Entrecards in an easy to find location. Stop by and check it out.

isetegija said...

I agree , its not good that there are no information about progress of Cash-Out System .
But I to not whine , I got my second payment today .

Rob said...

I'd be interested to see what will happen with the cash-out system.

Friendz said...

yesterday i got my cash-out account approved. now interested to see next

free css templates said...

Sometimes I respond to comments, but this year it really hasn't been very often, but I do try and go to their blog and comment on one of their posts. I very seldom check to see if anyone has responded to any comment I make.

Please Read:
Enter to my " 1st FUNNY CONTEST " held at my blog . Winners will get a free 120*120 Adspot on my Blog for a period of 1 Month. END DATE: 13 june 2009

SEO Status of this blog:

1) Google PR #2
2) Alexa Ranking: 140,082
3) Backlinks: 5000+
4) Daily Unique Visits: 250 - 350
5) Daily Pageviews: 1000+