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Agloco June Update

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As you can see from above, i’ve used 2.3 of my 5 Agloco hours this month. I’ll use the rest over the next few days. I prefer to use them when im buying stuff or browsing the net rather than blogging and doing ‘work’. I’d consider that a waste of hours as agloco have all sorts of referral/affiliate deals so obviously you’ll gain more from agloco when you buy stuff or sign up for stuff.

Anyway, you get 1.25hours for every sub referral you have. So out of my 19 direct referrals, just over 1 person has used the maximum hours (5). Pretty poor return. I guess people still aren’t convinced on Agloco, but hopefully we’ll get a few cents or shares on the first pay day.

John Chow does a good job of explaining how payment will work;

At the end of the month (but more likely end of the quarter), AGLOCO will look at how much they brought in from advertising revenue, remove 10% as their fee, and divide the remainder into total network surfing hours. This will give us the pay rate per hour. Take this rate, multiply it by your total network surfing hours and that’s how much you make. Alternatively, you can take shares in the company at a rate of one share per hour. However, my feeling is everyone will take cash with the first payment (if only to show that we do get paid).

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Written by Sean MacEntee