Category: juicetorrent

We’ll be closing the JuiceTorrent service…

Sadly… we’ll have to do it. We were not able to jump start the service in a meaningful way.

We should have formulated the service and the value proposition in much, much simpler way… starting perhaps with an API only. But we did not have the energy, resources, and perhaps the smarts, to do it.

I already removed the JT widget from this blog. Consider doing the same if you happen to have it on your blog.

I still believe that we’ll see some implementation of the JT basic idea. Google Adsense could do it in a heartbeat. But they don’t seem to listen to me.

Read more about the JuiceTorrent idea here.

Ads On This Blog… And JuiceTorrent

Here is what Fred Wilson says back in June 2006 in a post on his blog titled “Ads on this blog“…

“I don’t like leaving money on the table. This blog does around 2 million page views per year on the web and another million plus views in my feed.

Those page views are worth real money and while I don’t need it, someone does.

[...]

I hope to generate $40,000 this year to charity with this blog. I am certain I’ll generate at least $25,000.

That’s real money that will get a tribeswoman in Africa a cell phone or a underprivileged child a scholarship.

So that’s why I run ads on this blog. I hope you agree that its a good cause…”

Fred is a “star” blogger with a big audience. So he makes a meaningful chunk of money (let’s say $36,000) to donate at the end of the year to charities.

Now… let’s assume that a typical unknown blogger could make an average of $12/year (that’s $1/month) in ad revenue from AdSense.

You’d have to put 3,000 such bloggers together to achieve what Fred does with his blog in terms of ad revenue. And you’d have to wait over 8 years before Google releases the $100 min checks to each of these bloggers… and you’d have to remind these bloggers and their audiences that the money was intended for charity. Not very practical… nobody does it.

Enter JuiceTorrent (see the JT widget in left column of this page)

With JuiceTorrent, 3,000 regular (non-star) bloggers (like me and most of you) can create and maintain a monthly revenue “torrent” of $3,000 flowing directly into the account of a charity… or multiple charities. No waiting for months or years, no writing of checks, no “donation” accounting (who cares about a receipt for a $12 yearly donation anyway). Added benefit – being part of an online community of supporters and actively promoting the causes you care about.

Without JuiceTorrent – we leave money on the table. With JuiceTorrent – we can pay for a scholarship for an underprivileged child. All it takes is embedding a few snippets of code on our blogs.

Personal notes:

  • I really, really can’t care less about the aesthetic implications of having ads on my blog (JuiceTorrent is set for now to serve text ads only though). Looking “sleek,” “clean,” or “non-commercial” (read “anti-commercial”) somehow doesn’t make it even close to the top of my priorities. Finding new ways to make the web meaningfully social does.
  • I don’t want to wait for the “ad-free” web of the future that may come or may not come about any time soon. If NPR and WGBH can put car dealers’ ads on their websites – for a good cause – so can I.

Read more about JuiceTorrent:

JuiceTorrent Is On!!!

Yeah… !!! We (at People Networks) did it!

The points about JuiceTorrent:

  1. Gives organizations and individuals (we call them JT stars) the possibility to start their own self-expanding ad networks through the blogs and websites of their fans and supporters.
  2. Gives people (fans and supporters) an easy way to start and manage micro-streams of ad revenue from their own blogs and websites – and join them into meaningful “torrents” going directly to entities (JT stars) they choose to support.
  3. Gives the JT stars a fast and easy way to plug into and test/compare contextual ad markets (Google AdSense, YPN) without the hassle of changing ad code and micromanaging ad placement.
  4. Makes (ad)sense out of the largely unused micro-pools of ad space controlled by the new class of (personal) media owners and publishers – “the people formerly known as the audience.”
  5. Creates a new category of social vectors across the online identities of people and organizations – adding the moral and material dimension of “supporting” to the existing “linking,” “friending,” “visiting,”and “following.”
  6. Separates “utility” advertising from “high quality” content while keeping the economic link between them. Mortgage ads on my blog where I rant about home prices will support the independent star blogger/journalist/artist I admire and read daily… or the Red Cross… or both. JT “stars” can stay as high minded, ad free, and/or commercially non-viable as they wish – while the ads on my blog can be trivial, pedestrian, useful, and indeed effective.
  7. Gives musicians a possibility to establish ongoing flows of exchange – streaming music for streaming support - as opposed to the discreet consumption/transaction models of the industrial era past.

See how JuiceTorrent works…

We are now actively looking for candidates for JT stardom – nonprofits, star-bloggers, musicians – to start them up with JuiceTorrent.

Please, contact me – in comments here… or by email (emil at sotirov dot com).

JuiceTorrent… Make Your Own Ad Network

First, let me state the obvious: all I do – is co-doing… with my partners, team, my wife and the people I meet, read, and follow. This post was, in fact, suggested by one of my partners. So here it is…

December 1991 – I write (in this paper) that “There is no … author/audience … no text, but always, and only, a con-text.” Seventeen years later (July 2008) – Umair Haque is almost there (with this strategy note)… by telling us “There is No Consumer” and by suggesting UGC should, in fact, mean “User Generated Context.”

April 2005 – I co-found Aidpage Inc (aidpage.com) – with the tag line “People Helping People.” Three years later (July 2008) – a Deloitte study (by Beeline) concludes: “The tribalization of business is all about ‘People Helping People.’”

March 2007 – I co-found People Networks Inc. About a year later (February 2008) – Dave Morgan, founder of Real Media and TACODA (acquired by AOL in July 2007), says – in a post titled “The Future: People Networks” – “To me, it’s all about the growing role of “people networks“… promptly followed by AOL announcing (May 2008) the creation of a new business unit called “People Networks.”

Currently – we work on a web service called JuiceTorrent with a tag line “Create Your Own Ad Network.”