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A new social network says its goal is sharing among its users - including some of the profits.
Bubblews, which is launching a new platform Wednesday, aims to bring together people by giving a small slice of ad revenues to users for each time they post or share.
Founders Arvind Dixit and Jason Zuccari say bubblews.com will deliver advertising related to the content posted on the site - but contend that they are up front about this business model.
Dixit and Zuccari said Bubblews will not "mine" data from users' browsing history through files known as "cookies." Instead, it will glean information from the postings themselves, which will have a minimum of 400 characters.
All posts on Bubblews are public, and anyone may follow a topic tagged with a plus sign.
This leads to more transparency and enables users without large groups of friends or followers to participate in conversations on topics ranging from the World Cup to world peace.
The site operates in English only, but other languages are in the works. Dixit and Zuccari said about half of those using the beta site are in the United States, with significant participation from Canada, Britain, India, the Philippines and Brazil.
While the site will offer payouts, users are unlikely to get rich. People may earn about one cent per social interaction and can cash out when they have $50 in credits.
Full Report: New social network gives a penny to users everytime they post or share - IBNLive