Aug 28 2007

What Has Happened With Agloco?

Agloco for all of you that have been living under a rock is a company that will pay you just for surfing on the internet.

Now what do I mean by pay?  In a normal sense it would mean that you would get paid “x” for doing “y”.  But put in the terms of Agloco there are many different ways that you can get “paid”.  Here is the very simple and not at all confusing ways to get paid as mentioned on the agloco blog.

Monthy 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).

AGLOCO buying Hours for Cash: Here’s how it would work. AGLOCO would set a price per hour (say, $0.15), and we allow Members to sell their hours back to us at that rate. There would likely be a minimum number of hours you could sell. For instance, AGLOCO may only allow you to sell in 100-hour blocks. Hours that you sell would be deducted from your total accumulated hours for future distributions.

The only one that I understand is the last one.  What it pretty much states there is that they will probably buy back the hours from you no doubt at a highly deflated price, so lets say if they earn $1 for every hour you spend online they will only pay you $.10.

Which scenario will come into play?  Who knows… the company is still up in arms, and I for one am surprised that they have got this far.  So far this is the first pre 2k company that I have seen come back for a rematch in Bubble 2.0.

Something that i have also noticed is that JohnChow, one of the most vocal supporters of agloco has not only stopped publishing updates about the company but he has also stopped bragging about how many people have signed up under him.  Usually you could expect an update from John once a week about how many thousands have signed up under him.  Have people stopped signing up?  I doubt it.  I think John has finally learned that this companies plans might not be as viable as expected and decided to distance himself from a sinking ship?

What do you think has happened to the publicity beast that was agloco?  Have people just gotten tired of talking about it? Have others also learned that it might be a scam?  Do you Think its a scam?  Let me know people im interested in hearing your thoughts on this matter.

If your a believer sign up here.

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8 Comments on this post

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  1. squaretan said:

    Actually i just signed up this program when i saw it at John’s website. I decided to abandoned it because it is asking for too many documents which is much of a hassle for me. I am not from the states but they asking for some kind of tax form. So yeah, abandoned is the word.

    August 28th, 2007 at 4:25 pm
  2. spidro said:

    i’m 100% sure that agloco is scam i signed up with agloco 4 months ago and many ppl joined to agloco under me, but i’v stooped it
    they don’t update the website
    if u looked in the sit footer u’ll see
    Copyright © 2006 AGLOCO
    what is that it’s 2007 now this, i didnt seen anyone got paid till now
    there is many other ways to make money online

    August 28th, 2007 at 6:59 pm
  3. Mr Grown Up Geek said:

    I smelled Agloco as a scam at worst or a system with little or no future at best, right from the beginning.. I never bothered to sign up because i knew it would never go anywhere..
    A complete waste of time IMHO .. Funny how people still fall for the old “get rich easy” scheme… You know what PT Barnum said…

    August 29th, 2007 at 12:49 am
  4. Simonne said:

    I’ve become a member almost since the very beginning and I even promoted it for a while. I don’t think it is a scam, but rather a failure of a business. And the Viewbar stays on the screen even when closing the web browser, which is quite annoying for me. I stopped promoting it, but I won’t delete my old articles about Agloco (yet).

    August 29th, 2007 at 6:59 am
  5. MJ said:

    I signed up a long time ago but I just experienced too many hassles like a slow loading website and very unreliable viewbar that I just didn’t bother to pursue downlines aggressively. I’m not really sure if this is a scam though.

    August 29th, 2007 at 7:09 am
  6. John Powell said:

    Agloco is not a scam, but is moving to slow of some
    people, but they still moving forward.

    And I believe and have from day one :

    ” The Next Giant on The Internet “.

    A scam will cost you money, Agloco is Totally Free.

    http://Look-Social.blogspot.com

    August 29th, 2007 at 8:47 am
  7. LGR said:

    Glad to see I am not the only one out there that sees Agloco for what it is, a big pile of BS! I would love to see some of these big bloggers have to eat their words when Agloco pays $0.00 to people. What are they going to do delete all the posts they put so much time into writing? It will ruin some bloggers credibility, at least I hope so.

    August 30th, 2007 at 4:02 am
  8. Chirayu said:

    I also collected some 200 people from my website who signed under me in Agloco, but now, it looks like my effort is wasted.
    I have a website where i put a list of online sites from which you can get easy money. I thought agloco deserves to be there, but i don’t think so anymore.
    http://www.geocities.com/onjochi

    November 11th, 2007 at 4:14 pm

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