Saturday, January 23, 2010

Locationary

Locationary is a new web site which is still in an invite only Beta testing period. It is a fun time waster as well as a good way to make some extra money. Membership is completely free; however, you must have an invite to join while Locationary is still in Beta. I have provided a link to an invite at the bottom of this post. Locationary hopes to take the place of local databases which charge hundreds of thousands of dollars for local data around the globe. The data entered by Locationary's users will be given free to anyone who wants it. This will make Locationary the prime place to get local data on a global scale. Applications and web sites will spring up quickly from the newly available free data. Why should you join Locationary? When you join, you have the ability to enter local places. The places can be anything from a local restaurant, doctors office, gas station, school, or any other place. When you add a place to the database, you receive 15 shares in that place. You can then add more data (for additional shares) to the place such as a phone number, zip code, parking options, payment options, products offered, etc. Once Locationary comes out of Beta, they will offer advertising packages to the locations added. These packages will allow businesses to post job openings, coupons, specials, and describe new happenings at their business. They can also pay for priority in the Locationary search engine. When a place advertises, 50% of the revenue goes to Locationary, and 50% of the revenue goes to shareholders in that place. So if a place spends $100 a month on advertising, and you own 30 of 60 shares in that place, you would earn $25 per month (50 dollars goes to shareholders and you would own half of the shares). Eventually, Locationary will give you the materials to be proactive in getting the businesses you add to advertise. Or you can just add shares and hope that they advertise in the future. You will also receive one ticket per share that you get. Tickets can be exchanged for gift cards and prizes, or the tickets can be entered into auctions for gift cards or prizes. If you have any questions or suggestions for the site, there is a forums to ask questions and get up to date with what is happening at Locationary. Locationary was created by the same people who created Moola. I have received over $250 in payments from Moola, so I can assure you this is not a scam. Locationary is still in Beta, so there are plenty of places to add. You better hurry, because thousands of places are being added daily. Make sure you can claim the prime real estate and earnings before others do.


3 comments:

78 said...

the site is a completely scam because i worked for days to win over 4 lac tickets but hardly managed to win 1 dollar secondly have to get amount once it is over 5 dollar meaning by that i have to work day in day out for this site for just .05 dollars

belhaven14 said...

That doesn't mean the site is a scam. If the site was a scam they would tell you that you earned $100 and then never pay you. Locationary will pay, but Locationary is not a get rich quick scheme. The business plan is to build a database and then monetize the site. Tickets are a small bonus to help keep people interested in the short term. The real money will come from shares when business owners start buying advertising services. Dividend income is starting to come in as well and is growing as Google has indexed tens of thousands of Locationary pages. This is not a get rich quick scheme. A little patience and strategy will pay of greatly in the long run.

greendragon_1974 said...

This site is created by the same people that created Moola.com. I cashed out $75 through moola about a year ago and still have not received my payment. I'm not saying that this site will be the same, but if poor management caused these problems with moola and the same management is in place for this site, then the possibilities of this site having the same issues is increased.