Capazoo lets users monetize from using the site

By Giselle Tsirulnik

November 20, 2007

Capazoo rewards users for their time, content and activity

Social networking site Capazoo has launched, but with a key difference: Unlike MySpace, Facebook, Metacafe and YouTube, Capazoo redistributes a percentage of its profits directly back to their members.

Members can earn money based on their popularity, network, ideas, talent and by posting content. Other members can view the site, like what they see and tip a zoop, Capazoo's proprietary money that members can later cash out.

"The strategy for Capazoo.com is to reward and payback its user base for the time, content and activity they contribute to Capazoo.com," said Grant Carter, president of Capazoo.com. "As of right now, Internet-made celebrities are receiving millions and millions of views without any more compensation than comments or click-throughs.

"The Capazoo.com business model allows for these types social networkers to begin to generate a real cash flow for what they do online," he said.

The site allows for video, picture, music and friends galleries.

More than 300,000 major-name merchants in North America offer savings of up to 50 percent on everyday products and services for Capazoo Privileged and VIP Members.

You can earn valuable Zoops that you can convert to real cash when a friend or associate that you have invited joins Capazoo.com for free and then upgrades to the Privileged or VIP level.

Every member of Capazoo has a free, secure e-wallet to manage his or her Zoops, Cash Card, Savings and other financial benefits through Capazoo. With the Capazoo Cash Card you can convert your Zoops into real cash at ATM machines worldwide and send instant card-to-card money transfers worldwide.

"This will be the first ever social network to pay its users," Mr. Carter said. "With networking giants like Facebook.com and MySpace.com, people are spending hours upon hours throughout the sites and for nothing besides the ability to contact and make friends online. This is the world's first online currency that's available to anyone."