As I mentioned earlier this week, community web spaces seems to be the new frontier to get rich, here are a few more I got from the trend setting business magazine, Rolling Stone, August 24 issue.
First, there is mog.com, described as the most tunes-centric of the MySpace challengers, a cross between MySpace and music recommendation portals like Pandora.com and last.fm. Mog has members link to their music libraries to connect those with similar tastes.
Then there is Panjea.com which adds a financial incentive, allowing users to make money several ways. Musicians on the rise can sell their original music and videos online and set their own prices and keep 85 percent of the funds. This is good deal as most re-sellers charge more. You can earn point sin others ways like do a blog post and then spend your points on the videos or music of others. As Rollingstone said, ‘it’s one happy capitalist circle.”
They also mention Vox, which I recently learned about at the Berkman Thursday Blog meetings. Although RS did not say this, Vox is supposed to be an adult Live Journal (or My Space) as the makers of Live Journal are marketing it to teenagers. It allows "adults" to integrate media from sites like YouTube.com and Amazon.
Peter Gloor told me about Pandora.com which is mentioned above. It has some great community enabling functionality. As their site says, “Ever since we started the Music Genome Project, our friends would ask: Can you help me discover more music that I'll like? Those questions often evolved into great conversations. Each friend told us their favorite artists and songs, explored the music we suggested, gave us feedback, and we in turn made new suggestions. Everybody started joking that we were now their personal DJs. We created Pandora so that we can have that same kind of conversation with you.”
John Gotts may have paid $3 million (US) for wiki.com but the real money is in community spaces. Millions want to be there own DJ or whatever and see what others are doing and share it. Reality shows provide cheap amateur created content. These community spaces are doing something similar. They also may be a bigger bubble than dot.com bust one.
BTW I see that Rolling Stone also has a Rolling Stone blog.
Comments