4/19/09

Make Money with Vinefire, Maybe?


Have you joined Vinefire? Members could make anywhere from $10-$100 a day with this new online moneymaker!


So the other night I stumbled onto a new blog that was all about ways to use Squidoo lenses and defending them as a great moneymaking, linkbuilding tools. The blog which is run by PotPieGirl, a Squidoo moneymaker, had some valuable insight and information regarding making profitable lenses that get indexed and ranked in Google. From that blog, I decided to click over to another associated site which talked about building Niche sites with Wordpress, something Internet marketing coach Courtney Tuttle also discusses. From there, I learned about a free web tool I wasn't aware of yet, called CBAnalytics, which helps people rate and compare various Clickbank affiliate products. And from there I learned about an interesting "potential" moneymaker named Vinefire, which I also had never heard of until that night. It's amazing how many things you can learn about in this MMO niche, meaning there's no true experts on all make money online concepts...

So back to Vinefire, it's a "free" member driven content site much like Digg or other sites where you submit site links and vote on popularity of various items. The moneymaking scenario sounds not only tempting but easy and almost "too good to be true". 54 cents for every posted link you visit, 90 cents for every sponsor link you visit, 12 cents for every link you vote on, 4 cents if someone votes up your link, and 50% of the earnings of any friends you refer to Vinefire. As a basic member you can earn up to $10 a day with the site, and there's an option to pay $5 to verify your account which then enables you to earn up to $100 a day. Not too shabby right?

But wait, there's a catch, which will seem like "Agloco deja vu" to many people. Vinefire really wants to pay its members, and intends to, but they can't...yet. They are sitting back and waiting for Vinefire to grow in popularity and when certain site growth metrics have been achieved, they are also expecting to be bought up by a large company. At their forums in their FAQ they mention there is a potential suitor already in line to buy them. From the proceeds of that sale, which Vinefire expects to be valued in the millions, members will finally get paid. Vinefire has set their target payout date of June 1, 2009, not too far away. The interesting thing with that is originally they were planning to pay people in January of 2010. So they moved it up to keep people interested in the prospects. Apparently the villagers had their pitchforks and torches ready when they found out how long it might take to get money from Vinefire.

At the Vinefire forums they also add:

Please don't assume that the payout date has moved to June 1, 2009. It is simply a possibility...if we are able to reach certain growth goals. This includes things such as the number of new members, listing upgrades (Yellow Star, etc.), verified accounts, etc.


Yep, I know what everyone's thinking. Vinefire sounds like another Agloco or Boomertowne just waiting to collapse right underneath all its loyal members. There was a lot of angry people over those two websites and rightfully so. And to be honest, I was thinking the same thing about Vinefire too. It would be a shame to invest a lot of effort in promoting and frequenting that site with one's time only to receive a "Sorry Out of Business" notice one day. But despite that The Monetizer still joined, for the simple reason of testing it out. There's no reason not to get your feet wet with another money opportunity online. But definitely keep the lessons you may have learned from Agloco and Boomertowne in mind. Don't go all out with promotion, because if you do and they fail, it will be a tragic waste of your efforts trying to make money online.

If you're interested in a potential moneymaker, join Vinefire and take their special 10 day challenge...

Update: My account is at the $20 level on Day 2, just for clicking several links..of course, time will tell if that money is delivered...

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