{"id":465,"date":"2015-10-15T07:58:17","date_gmt":"2015-10-15T07:58:17","guid":{"rendered":"http:\/\/alexferrer.com\/?p=465"},"modified":"2016-03-13T01:54:43","modified_gmt":"2016-03-13T01:54:43","slug":"weve-all-been-working-for-free-its-time-to-collect","status":"publish","type":"post","link":"http:\/\/alexferrer.com\/?p=465","title":{"rendered":"We\u2019ve all been working for free. It\u2019s time to collect."},"content":{"rendered":"<div class=\"row content-title\">\n<div class=\"twelve columns\">I had a really interesting conversation with a friend the other day about Facebook and Twitter, on both of which I am pretty active. Sure my level of involvement comes and goes depending on how busy I am, but I try to make time to post comments, pictures, jokes, legal commentary and anything else that I think might be of interest in some small way.\u00a0 I don\u2019t know that what I post has any value per se, but if people enjoy reading it or sharing it, who am I to say it doesn\u2019t?Now right off the bat, let me say that although capitalism has been given a bad name over the last few years, I\u2019m a fan of capitalism. I\u2019m not talking about corporate greed \u201ccapitalism\u201d like we saw with Wall Street during the toxic loan crisis. \u00a0I\u2019m talking about good old-fashioned capitalism.\u00a0 I\u2019m talking about the idea that you can create something of value, something that other people want; and you can sell it and get paid for your efforts.\u00a0 It built the greatest country in the world and gives the best opportunity for people to go from rags to riches and become successful, whatever they define success to be.\u00a0 And the competition of a free market helps to make sure that the ideas get better and better because the best ideas and the most attractive deals are the ones that get the customers.\u00a0 I think I just heard the \u201cbest idea\u201d and the \u201cmost attractive deal\u201d in that conversation I had with my friend.What Facebook and Twitter have done is capitalism at its best. I don\u2019t begrudge them that at all.\u00a0 They came up with a method that allowed people to share \u201ccontent\u201d (our thoughts, ideas, pictures, jokes, videos, \u2014 anything we post) with friends or strangers, and the concept took off.\u00a0 They found a variety of ways to make money off of it by, among other things, getting paid by advertisers to put ads where the public will see them. \u00a0In fact, Facebook and Twitter have made billions of dollars (that\u2019s billions with a \u201cb\u201d) off of all of our daily posts.<\/div>\n<\/div>\n<div class=\"row\">\n<div id=\"primary\" class=\"eight columns\">\n<div id=\"content\">\n<article id=\"post\" class=\"post\">Don\u2019t gloss over that. They are paid by advertisers to put ads on the pages where people go in order to view OUR content.\u00a0 As my new friend Sebastian pointed out, WE create the product that people are coming to see; THEY get paid the billions. \u00a0\u00a0Doesn\u2019t seem fair, right?\u00a0 I mean of course they should make money; after all, they created the sites on which we post.\u00a0 But is it fair that we get nothing when it\u2019s our posts that bring in the advertising dollars?Well, fairness is what it\u2019s all about when it comes to Sebastian\u2019s new social network site called \u201cts\u016b\u201d (a Japanese word meaning \u201can aesthetic ideal\u201d or something like that, which ironically is pronounced \u201csue\u201d \u2014 but that\u2019s not why I like it).\u00a0\u00a0 The concept of ts\u016b is that we are the ones who create the content so we should share in the profit.\u00a0 After all, although I previously said I wasn\u2019t sure if what I post has any value, it clearly has value since without the content all of us create, Facebook and Twitter would get paid exactly what they pay us for doing all that work \u2026 nothing.<\/p>\n<p>So here\u2019s how ts\u016b works, in a nutshell: ts\u016b is like Facebook and Twitter in that you have a profile and add friends and followers.\u00a0 You post just like you would on the other sites and people can like and share your posts.\u00a0 There is one major difference, however.\u00a0 Social media advertisers pay Facebook and Twitter for the number of \u201ceyeballs\u201d their ads get (regardless of whether you remember actually seeing the ad, it was on your page when someone came to see what you posted and that counts).\u00a0 The advertiser pays them more for each view on the ad and for each click-through visit to the company\u2019s webpage.\u00a0 Facebook and Twitter keep ALL of that money and don\u2019t even say \u201cthanks for making it all possible.\u201d<\/p>\n<p>Ts\u016b, on the other hand, shares its revenues with you. Not a tiny piece, either.\u00a0 The platform takes only 10% of all economics created and then from the remainder you get 50% of the advertising revenue from your posts!\u00a0 But it\u2019s even better than that, ts\u016b will also give an additional 33% of the remaining 90% to the person who invited you to join.\u00a0 You will likewise get an additional 11% of the remainder of the advertising revenue for anyone invited by your direct network.\u00a0 So if you bring 1,000 friends to the platform, you will receive 33% of all the advertising money generated by their posts after the platform\u2019s nominal fee, as well as 50% of the remaining value of what\u2019s generated by yours\u2026forever.\u00a0 I know that unless, you\u2019re an accountant, the numbers sound a little confusing but the bottom line is that you get paid for what you already do for free.\u00a0 Brilliant, isn\u2019t it?\u00a0 And ts\u016b isn\u2019t selling you anything.\u00a0 It\u2019s using a very cleaver format to share its advertising profits with the people who made it all possible.\u00a0 Us.<\/p>\n<p>Ts\u016b is already taking off so get on soon. They are doing a blast tonight and tomorrow and have already brought on tons of celebrities who you can follow, just like on the other sites.\u00a0 With all the discontent over Facebook\u2019s changes, problems and privacy issues, I think ts\u016b is going to be huge so I have grabbed the username \u201c<strong>Judge<\/strong>.\u201d\u00a0 Since it\u2019s early on, great usernames like \u201cJudge\u201d are still available but they\u2019re being snapped up rapidly as people join and especially after they tonight\u2019s blast.\u00a0 So if you don\u2019t want your username to be something like \u201cprettygirl17439987,\u201d join soon.<\/p>\n<p>If you want to get your own username and start inviting your friends to join, use my invite code (\u201ctsu.co\/Judge\u201d) and follow the easy steps. Only users can invite others and that\u2019s what makes the math work. You will be part of my network and can start inviting people to yours right away after you create your own code.<\/p>\n<p>To be totally transparent, after the platform fee, I will get 33% of any remaining 90% of ad monies your post generates because I am inviting you. And you will get 33% of the remaining advertising dollars from anything generated by people you invite as well, along with 50% of post-platform fee revenues that your own posts generate.\u00a0 The sooner you join, the sooner you can start adding people and getting paid for doing nothing more than what you already do.\u00a0 After all, it\u2019s your work.\u00a0 Not Facebook\u2019s.\u00a0 Not Twitter\u2019s.<\/p>\n<\/article>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>I had a really interesting conversation with a friend the other day about Facebook and Twitter, on both of which I am pretty active. Sure my level of involvement comes and goes depending on how busy I am, but I try to make time to post comments, pictures, jokes, legal&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-465","post","type-post","status-publish","format-standard","hentry","category-alex-blog"],"_links":{"self":[{"href":"http:\/\/alexferrer.com\/index.php?rest_route=\/wp\/v2\/posts\/465","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/alexferrer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/alexferrer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/alexferrer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/alexferrer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=465"}],"version-history":[{"count":4,"href":"http:\/\/alexferrer.com\/index.php?rest_route=\/wp\/v2\/posts\/465\/revisions"}],"predecessor-version":[{"id":550,"href":"http:\/\/alexferrer.com\/index.php?rest_route=\/wp\/v2\/posts\/465\/revisions\/550"}],"wp:attachment":[{"href":"http:\/\/alexferrer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/alexferrer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=465"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/alexferrer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}