Monday, March 26, 2007

Skeptics Guide To Agloco (Frequently Asked Questions)

Is this a scam or fraud?
No. The members of the development team include people with vast high-profile experience in business. Two of the best-known are Jim Jorgensen and Ray Everett-Church. A Google search with keyword “agloco” now brings up more than a million pages. As of February 7, 2007, AGLOCO has over 100,000 members already; the goal is 10 million by July 2007.

Is the AGLOCO™ referral system a pyramid scheme?
No. Pyramid schemes involves members selling products to new members that they recruit. AGLOCO™ is basically the opposite. No member ever pays AGLOCO™. Instead, AGLOCO™ gets money from companies (like advertisers, search companies and online merchants) and distributes cash and shares to it members.

How do we know AGLOCO™will work?
This is actually not a new idea. It worked last time around, when a company called AllAdvantage used the same system and paid out over $120 million dollars to its members between 1999 and 2001 (read more here). You can still find sites online by people who made good money with the company. The only reason AllAdvantage didn’t continue was because of the failure of the dot-com market, and with it Internet advertising. Today the Internet is much more stable and advertising spending is at record levels, with calls on all sides for more relevant, less annoying advertising. AGLOCO's small but useful Viewbar will satisfy that need.

What’s the catch?
As of the writing of this flyer, the Viewbar isn’t ready yet. It will be available for download in March. This is (1) to make sure the Viewbar has no bugs in it and (2) to give enough time for people to join so that AGLOCO™ already has a large network when the Viewbar is out. Companies are more likely to invest if 10 million people have the Viewbar, rather than 10,000.

Will the Viewbar violate privacy or put spyware on your computer?
No. All the Viewbar does is scan the pages you view for keywords that it uses to show you relevant ads that you are more likely to find useful. Nothing else is installed. In addition, AGLOCO has a thorough privacy policy backed by Ray Everett-Church, the leading Internet privacy expert today.

Do members have to do anything besides sign up for free?
Yes. Once you are a member, you will need to download the Viewbar when it becomes available and actively surf the Web with the Viewbar running. You will get credit for up to five hours per month, and you can turn off the Viewbar any time. Also, remember that you never have to click on anything on the Viewbar if you don’t want to. Clicking doesn’t affect the results.

How much money will I make, and how is this calculated?
Once you install the Viewbar software it automatically records the time you're actively online, and you are paid accordingly for up to a maximum of 5 hours online. The rate is calculated according to the total income generated. The more members AGLOCO has, the more companies will advertise, and the more money members will make per hour.

How will I get paid?
The AGLOCO blog recently announced that AGLOCO will pay its members using checks, ACH (bank-to-bank) payments, PayPal and credit card-style cash card (with a VISA logo on them). AGLOCO will also pay in local currencies wherever possible. You will receive a monthly payment based on your total available hours surfed with the Viewbar on, as well as those you refer. See the next question for more on that.

Extra income for referring new members:
The more members AGLOCO has, the more companies will advertise, and the better off the company will be. As an incentive to help, you will be paid for each hour that somebody you referred to AGLOCO uses the Viewbar. You also get credit for the people they refer as well, up to 5 levels below you. This aims to ensure that the very first founding members—those who put time and faith into this enterprise—are adequately compensated for their efforts. This is one of the reasons why I suggest you sign up now, and not wait until later. You can always join, but you will more likely have a bigger income the earlier you sign up.

What is AGLOCO™ all about?
AGLOCO™is the first Internet based economic network, which enables you as a Member to ‘Get your share of the internet.’ Advertisers, search companies, online merchants and other businesses currently pay lots of companies to deliver people like you to them to get your attention and sell goods. With AGLOCO™they will be paying YOU.
AGLOCO™ is also a global community of Internet users whose active Members can be paid for all their online activity. By downloading our proprietary Viewbar™ technology, members benefit from engaging yet unobtrusive content tailored to their interests. AGLOCO™ also pays its members to refer their friends to the community (and for those friends to refer more friends through four levels of extended referrals.) Find out more (Learn More) »


How do I earn cash and shares?
Sign up, use the web as usual and earn cash and shares - it really is that simple. Once you install the Viewbar™ software it automatically records the time you're actively online, and we pay you for it. But the first step is to sign up and become a member. It's fast and it's free. If you refer your friends and family we'll pay you even more cash and shares. Visit AGLOCO™ Referral Center for helpful tips.

How do referrals work?
AGLOCO™ pays you an hourly rate when the friends and family you recruit (called “direct referrals”) use the web with the Viewbar™ running, as well as for people your referrals recruit (called “extended referrals”). Extended referrals continue for four levels past your original referral, and there is no limit to the number of referrals you can accumulate. Check out AGLOCO™ Referral Page for more information.


Are there rules or restrictions?
There are some rules, and all are intended for the benefit of AGLOCO™ members:

Sign Up Only Once: Each person can only sign up once, creating an account for him or herself, and may not establish an account on behalf of anyone else. Accounts cannot be transferred between people, and each account must be for a physical person.

Age: at least 13 years or older and have a working computer

No spamming: AGLOCO™ strictly forbids spamming to get referrals. This means you can only tell people you know or who explicitly agree to receive your invitation to be referred. If you use spam to try to get referrals, your account will be terminated. For more information, see our Anti-Spam Policy
Number of Internet Hours: The maximum number of payable hours per month is currently 5. Over time, depending on several variables that number may change at AGLOCO™ ’s discretion. The reason we implemented this limit is to prevent hacking software from continuously clicking and thereby generating online search. Remember you can still increase your profits by referring more people toAGLOCO™.
Active Surfing: You have to actively surf to earn cash for your online usage. Just keeping a website up does not constitute active surfing. If you use a software piracy device that constantly clicks through websites, AGLOCO™ ’s anti-hacking instruments will detect and – after investigation – disconnect your account. In addition, you have to be an active online Member in order to get the benefit of your referrals' surfing. If you surf only 50% of the maximum payable hours a month, and your referrals each surf 100%, you will be credited with only 50% of the payable surfing time for each referral. See our Global Payments Table for details of payable hours by country.
Accuracy of Information: All information submitted during signup must be accurate; members who deal with AGLOCO™ in a fraudulent fashion will forfeit their memberships, their account balance, and their referrals. You will have to accept these terms before signing up and being able to download the Viewbare. See our Membership Agreement for more information.



Do I need to buy anything?
No, AGLOCO™ Membership is absolutely free. You will never have to buy or sell anything. Simply sign up, download your free copy of the Viewbar™ software, refer your friends and family, and get your share of the Internet!


Why isAGLOCO™ giving 100% of its stock to its Members?
We believe the internet should be a platform for users to benefit from, and if anyone generates money from users’ normal online activities, it should be the users themselves. Distribution from the company

How will the company make money if all the AGLOCO™ shares are given to Members?
AGLOCO™ pays a 10% fee to its management company, much like Tom Cruise has an agent that he pays 10%. In order to make and keep AGLOCO™ a vibrant community it needs to attract the best management it can. Since no stock is given to managers or founders (only Members are issued stock). This fee serves as an incentive to attract the best talent to help run AGLOCO™.


What is AGLOCO™ ’s Privacy Policy?
AGLOCO™ is totally committed to your privacy. We do not sell, rent or give away your personally identifiable personal information to any marketer or advertiser. We have a detailed Privacy Policy which explains in plain language how we protect your privacy. Read AGLOCO™Privacy Policy »


What will my shares be worth?
As a profit-seeking venture, the value of the shares will be directly related to the value of the company. Since AGLOCO™ ’s profitability is dependent upon its Members’ internet usage, the greater the number of AGLOCO™ Members the more the shares will be worth. We are currently in the process of listing the company on the London Stock Exchange (AIM). As with any public company, the market will decide what is the fair value of the share.


How do I change my personal information?
Go to your profile section to change your information. Don't forget to click on "Save" to upload your profile

Can I give my cash and shares directly to charity?
Yes, you will be able to give your cash and/or shares directly to the Charity of your choice. AGLOCO™ will also work with select Charities so as to facilitate donations. In addition, The AGLOCO™ Foundation was set up to promote free access to information across the world. The Development Team has agreed to tender the shares they earn as Founding Members to the Foundation.

When can I sell my shares?
Once AGLOCO™ is public, Members will be free to sell their shares through the stock exchange.

Can I have more than one account?
Membership to AGLOCO™ is limited to one account per physical person. Registering under different names will violate the membership rules, and may lead to cancellation of your account.

How do I invite others?
Go to the referral center. It will give you detailed information and a step by step approach on how to refer friends to your network.

Why should I invite others?
The more referrals you have the more you can earn and the more powerful your community becomes. Click here to see how much you can earn.

Is AGLOCO™ free for everyone?
Yes. AGLOCO™ is free for everyone. There are no hidden fees or premium accounts.

How can I get more referrals?
Go to AGLOCO™ to visit the referral center for more information.

How valuable can my referrals be?
Go to AGLOCO™ and click on member calculator

Can I refer someone that is already a member?
No. If someone is already a member, he/she cannot become your referral.

How many referrals can I have?
As many as you can sign up, there is no limit.

How much do I get paid in my country?
Check out the Global Earnings Table for details about each active country.

What does the Viewbar do?
Go to the Viewbar page for more information on how the Viewbar works.

Why can’t I download the viewbar now?
The Viewbar software is currently in closed beta testing (no one is accumulating hours with the beta software). After thorough testing and necessary improvements, it will be released to AGLOCO™ Members on a first come first serve basis (according to the date you signed up to be an AGLOCO™ Member). We are currently allowing our Members full access to the site to build their referral networks. The sooner you sign up, the earlier you will be able to download the Viewbar and start accumulating online hours!

Will it be free to download the viewbar?
Yes, it is completely free to download the viewbar. Depending on the speed of your internet connection, the download time may vary from a few to several minutes.

Do I need to have the Viewbar up all the time?
No! Currently AGLOCO™ will reward up to five hours a month in Viewbar time. Above that limit, you can keep your Viewbar displayed or minimize it at any time, though most of the Members choose to keep it up. If you don’t want your Viewbar to operate at any specific time, just minimize it and it will stop working. However, you will not earn online hours while your Viewbar is minimized.

Will I be able to minimize the viewbar?
Yes! You can minimize the Viewbar any time and it will stop working. However, you will not accumulate any online hours while the Viewbar is minimized.

Can I use more than one computer?
You can install the Viewbar™software on multiple computers and get credit for your surfing regardless of which machine you use. However, you cannot use the Viewbar™ on more than one machine simultaneously. Just download and install the Viewbar™ software on each machine you use to surf the Web.

How do I change my email address?
You can go to the profile section and change your email address. Don't forget to click on "Save" to upload your profile.

What if I want to quit?
There are no obligations to maintain your Membership, you may quit at any time. If you cancel your account, you forfeit any balance accumulated below the minimum payout level. You also forfeit your referral network, although your referrals remain members. Of course, you can rejoin whenever you want but you will start out without any balance or referrals. To cancel your membership, you can send an email to cancelmembership@AGLOCO.com

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