NewswireToday - /newswire/ -
South San Francisco, CA, United States, 2006/07/31 - Flixya.com has launched the beta version of their new video sharing community website. The video sharing community isn't just another YouTube.
"We're building an online community and offering an incentive to share videos from the growing list of video web sites," explains co-founder Adam Oliver, a former Director at Stubhub.com. "We didn't want to build another YouTube." Rather, the two man start-up is building a network of niche specific sites and meeting the challenges of monetizing online video. "While working on a number of video related concepts, we started to see very specific niche communities emerge with less than a handful of sites offering any type of incentive to it's participating members." Flixya is delivering a necessary method of monetizing videos for content producers and a rewards program for contributing members. "Flixya.com is the first community driven video web site that offers a 50/50 revenue share, rewards program and a voluntary charity component for contributing to those in need."
"Flixya is proud to be fundamentally built on the foundation that encourages it's members to share everything," says co-founder Ivan Wong "Online video is an engaging platform and an untapped audience for advocating awareness of charitable causes." The Flixya charity program features an opt-in contribution of 50% of member-generated ad revenue. "We are excited about our growing list of charities that we support and look forward to contributing to local, national and international causes."
The Flixya revenue share program monetizes video by offering a 50/50 ad revenue split utilizing Google Adsense and an in-house ad publishing system. Members can earn 50% of ad revenue from content they submit or contribute the 50% to a charitable cause.
"It is has been rewarding to develop a community for connecting people with engaging and entertaining videos." And like YouTube, the next phase of Flixya includes the ability to upload videos in addition to sharing videos from around the Internet. "By the time we are out of Beta, we'll have a targeted user base that can upload video just like YouTube. However, our focus at this point in time, is to aggregate content from the 200 existing video sites and build our core audience." says Adam Oliver.
The Flixya multi-tiered rewards program features $5000 worth of merchandise. Members can earn points for sharing videos, friend referrals and posting comments. 30,000 points will get you a $100 gift card to Abercrombie and Fitch, 110,000 a T-Mobile Sidekick 3. At the top of the list, 600,000 Flixya points will get you an Apple Macbook Pro.
Flixya.com is an online video community with rewards.