AGLOCO “Own The Internet”

You may have seen it’s banner somewhere on my blog till few days back. Official news is that AGLOCO is dead. We’re done with AGLOCO. The only reason i know of is that they did not have enough left to support AGLOCO’s operating costs. According to email sent to all AGLOCO’S memebers, they were using their savings to fund the operations. And now since they cannot use their savings anymore, it’s an end for a very unique concept by AGLOCO.

I’ll have to agree with John Chow. He says that AGLOCO was a good idea that was poorly executed. Yes, that the bottomline. R.I.P. AGLOCO.

Update: (December 13, 2007)

I just received the mail from AGLOCO’s team. Here is a copy of it:

Dear Sharat,

We would like to update you on the status of AGLOCO’s operations. We continue to believe in the AGLOCO concept, but our revenue is currently not sufficient to give Members a meaningful distribution. And though there are increases in membership, the resulting revenue is not enough to support operating costs. As a development team we are unable to continue to use our savings to fund the operations. If any Member would like to pursue continuing the operations of AGLOCO, you may contact us at *email not displayed* .

We would like to thank every Member for supporting our effort to bring a piece of the Internet directly to the user. We hope that we can find a way to keep the operations going.

AGLOCO Development Team

Well, after carefully going thorugh the mail, i think the intentions are clear. AGLOCO’s team has no intentions to end AGLOCO. They are going to carry on operations if they could find some supporter or sponsor. So basically, it all comes down to finance. Hopefully, they will get someone to keep AGLOCO on the move!

Sharat Jaswal, the name appears on SEOLogs. Why? Well i participated in SEOLogs $2000 MyBlogLog Contest. In past i had never been lucky with such contests. I decided that i would give it a shot. And i guess my “being not so lucky” streak finally ended. I was one of the winners and got myself a link in dnscoop directory worth $45. Not a big amount, but sometimes it really does not matter. What matters is that i won and i am glad i did. WooHooo….

Here is a screenshot from SEOLogs:

I am thinking of starting a contest as well. I do sponsor many of the contests with recent being the contest at iGuides for the month of November. I think it would be lot better if i leave sponsoring and start the contests, right here on my blog. What Say?