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💰 Profit from Your SimilarWorlds Content 💸

Hello all!
We've had plans for a very long time, to [b]make SimilarWorlds into a platform where users can actually EARN from their shared content[/b].

[i][u]Our general idea is to:[/u][/i]

[big]Allow our users to [u]Earn 90%-100% of All Ad Revenue[/u] that is generated by their own content.[/big]

This includes the user's:
• [b]Posts[/b]
• [b]Profile[/b]
• [b]Photos & Albums[/b]
• other unique user generated content pages, that we may add in the future.

[i](The remaining ~10% does NOT go to us, as will be explained below.)[/i]


[sep]


Initiatives of this nature aren't typically the easiest to pull off (involving mass distributed payments, timely billing cycles, contracts with payment processors, the legal work, etc...).

However, this is something we've always had a strong interest in doing, and we would like to work towards planning and developing this idea over the coming months.

With the world becoming increasingly more technologized and automated,
with the inevitable expansion of Artificial Intelligence around the horizon... 🤖

we believe that tech-based companies like ourselves, should play a part in long-term wealth distribution.


Even if we only will be playing a very small part in contributing to a more fair and balanced global financial ecosystem, we believe it may be the right direction for SimilarWorlds to move towards. 🌞


[sep]

[quote]Allow our users to [u]Earn 90%-100% of All Ad Revenue[/u] that is generated by their own content.[/quote]

[i]Some Notes:[/i]

[big]Revenue Share 💵[/big]
1) Ideally we would like to pay users as much as we can manage to, for revenue generated by their own content.
Only when we reach the further stages of this plan, would we be able to confirm what the Pay-Share rate would be.

There's still many things to account for and calculate;
- Cost of 3rd-party services/processors
- Legal / Cross-border agreements
- Transaction and Tax Costs
- Margin of Error / Invalid Ad Clicks/Impressions
...etc

We can at least assure you that we will be working towards providing users with as large a share of generated ad earnings as we can reasonably offer.
Our aim is to be able to pay users 90%-100% Revenue Share. 🏆

[u]Note[/u]: "Own Content" (pages) refer to the actual Page/URL of your content (post, profile, albums, etc.)
This does not include "Directories" where previews of your content may appear (home feed, group pages, etc.)

[sep]

[big]Restricted Content ⛔[/big]
2) Certain Types of Content are Not Ad-Monetizable, such as:
[b]- Adult
- Nudity
- Fetish
- Sensitive[/b]

Contrary to what we've seen many user's claim, we SW Admins do Not prefer to have, nor do we profit from, such content types existing on SimilarWorlds.

We have retained categorized allowance for these types of content, based on user's feedback,
whom overwhelmingly voted that we should continue to allow users to post Nudity and other Adult content types, as long as it is properly labeled as such.

[sep]

[big]Earning from Referrals (~10%) 📊[/big]
A major part of this initiative that we would like to strongly consider, is to allow users to also profit by inviting users to use SimilarWorlds.

[quote][i](The remaining ~10% does NOT go to us, as will be explained below.)[/i]
[/quote]

As mentioned, we would like to give as much as feasibly possible, back to users in the form of revenue generated from content they have posted to SW.

At the same time, we do not want our site to become a "Spammy Network", nor do we want to encourage any type of "Pyramid Scheme / Multi-Level Marketing" revenue generation.

So this particular idea is something we still need to work out,
however in general, we are considering offering a split of user-content generated revenue, in the following manner:

[big]Content Poster: 90%
Referring User (Inviter): 10%
SimilarWorlds: 0%[/big]
[i](Total Revenue after transaction fees)[/i]


We aren't yet sure whether Referral Earnings should continue at the same rate indefinitely...

or, whether we should Taper-Off referral earnings each year, in order to keep a more balanced platform that doesn't unfairly favor only the earliest adopters.


[b]We also like the idea of contributing some portion of this remaining revenue share to 🎗 Charities Internationally.[/b] 💝
(If we do taper-off referral earnings, we may give the total remaining to charity.)


[sep]


This post is intended just to bring this idea forward to you, our users,
and to allow us to listen to any feedback and ideas you may have with regards to this particular plan.

Please keep all comments/replies On-Topic, as should respectfully be the case on any user's post.


Kind regards,
[i]-The SW Team[/i]
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Legally... that has the potential to put me in stormy waters because this income would have to be declared - and, if I earn over a certain amount, they can (and will) start stripping back the money I get.

Choosing to donate this money to charity doesn't help, either, because they still consider it to be "extra income" and will penalise me accordingly.
Dan193 · 31-35, M
@HootyTheNightOwl now that u spoke of taxes, I wonder if there will be set boundaries to the countries eligible for this feature, or if they'll transfer through paypal or crypto too
@Dan193 Even so... that's still revenue that I would have to declare - there's no way out of the mess that would create for me.
Dan193 · 31-35, M
@HootyTheNightOwl I think there will be a process to apply for this feature. You'll have to put in your personal details and stuff. It wont be attached to your acc against your will.
Now I wonder if part of that process will be having to get VIP - that would suck.
@Dan193 Just the fact that it's an option will mean that I HAVE to take it up, there's no option for me to opt out. It's pre-determined for me by the government.
@HootyTheNightOwl Extra income doesn't make people better off financially by definition indeed, but I'm sure a virtual balance on SW will not count towards any taxes or wealth restrictions. Moving it to any account you can make payments from so it does affect any of those things, has to be optional because the registration process does not include details about a bank account, credit card, PayPal account, etc.
@NerdyPotato If they're saying that they're going to let you earn from this... I doubt they're planning to pay you in SW coins, though. How would that even make sense???
@HootyTheNightOwl there is a difference between letting you earn from it and giving you money for it.

The registration process doesn't include any payment details, so they can't even pay everyone directly if they wanted to. For most members, the most they can do is store the revenue in some kind of SW wallet and allow members to supply extra information to withdraw money from that.

Only if you ever bought VIP they may have the necessary details already, but...
1) I believe there is a third party payment provider involved and I don't know how much info the admins actually get about the payment method.
2) If they do get all details needed to make payments in return, I don't think the ToS allow them to use that information for anything other than confirming that the VIP purchase was in fact paid for.
3) As it will have to be paid into an SW wallet first for people who never shared any payment details with anyone remotely related to SW, it would be unnecessary complicated to bypass that for people they can pay in a different way.
4) Some businesses make it easier than others to get refunds or apply for financial help, but has any institution ever sent you any money without asking for it?
@NerdyPotato Ugh... I give up trying to explain my point - seems no one gets or cares about what I'm trying to explain anyway.
@HootyTheNightOwl I understand very well that receiving money could put you in big trouble. But SW, or any other business, isn't going to transfer any money into your bank account, or any payment account, if you don't explicitly ask them to.
Viper · M
@HootyTheNightOwl First off, great point, though it depends on how they set it up... as least based on American laws.

I mean, if it's supposed to go to your bank account, and you never give them your bank account, then they can't pay you, and if they don't pay you, then it's not income.

Of course, if they make your account the bank account, then that's a different story, but that would take a hell lot more work and legal stuff, which I don't think they'll do...

Also, I don't know how other countries.


But again to my other post... I feel like this idea should be it's own website... and not SW.
@Viper We're not all American, though... and, I'm tired of trying to explain this because no one gets my point here.
Viper · M
@HootyTheNightOwl I believe I do get your point exactly and I know someone that I believe was in a similar situation...

They could only earn so much, before it negative effected their situation based on government rules and your situation might be that any amount would be...

I guess my point was, simply, I assume they're allow for opt out options...

But that is an assumption...

My point was, if I don't give them any of my personal or bank information, then they can't pay me.l, therefore I didn't earn anything.

But @Andrew should certainly clarify that there will be opt out options for those that don't want any money, correct @Andrew?

If there aren't opt out options, or a choice not to join, then it certainly needs to be a different website, as if someone is being forced to join, that could potentially be a lawsuit.

I know, my company makes me clear any additional jobs or income payments with them first before I can get them, so if they forced me to join, without me knowing, in theory, I could lose my job...

Which I'm sure the admin wouldn't put us in these horrible real life scenarios...

So legally, there are to be an opt in or opt out option... well that, or ban our accounts until we opt in... [b][u]which they better give us warning months in advance of that, so we can get contacts elsewhere for those that choose not to join[/u][/b]
@Viper Yes... any amount will affect me, even a 0.25 cent tea bag.

Even though SW will offer an opt out policy, that will be an admission of guilt for me and I could still be punished by the state for that.

I know that I am required to choose to accept cash whenever there's an option between cash and whatever other benefits I may opt for so I can be taxed and tapered accordingly. The DWP offers no alternative to this.

My country and government could actually start to see SW as work because I get paid for posting - so I would have to severely cut my hours spent here further to comply with the rules that I am obligated to as a carer.

I'm not prepared to be sanctioned or go to jail for SW.
Nuno · Admin
@HootyTheNightOwl Only the money you receive in your bank would be the money you'd have to declare.
It wouldn't make sense that you'd declare money that we sent to charity (without routing through you), or that we never sent to you.

Either way, you can always choose not to participate in this, and all will be fine.