Capazoo, has launched what it believes is a radically different model of social networking and online entertainment that allows members to achieve personal recognition and generate real revenue based on their content and participation in site features and services.
In addition to all the most popular features and services of websites such as MySpace, YouTube, Revver and others, Capazoo provides a unique business model that enables members to earn ‘Zoops’ – Capazoo points that can be converted to real cash – through member-to-member Tipping, through referral of friends and by sharing in Capazoo’s advertising revenues and corporate profits.
Capazoo’s unique Tipping feature allows members to give a Tip to other members for their videos, photos, music, profiles, blogs and more. Simply put, members earn real rewards from their virtual work.
While the idea of sharing the revenue with the community is appealing the problem Capazoo will have is building up the community in the first place.
The social networking market is already very crowded and time will tell whether this innocvative model will be enough for Capazoo to create traction and build a large users base.
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