New York-based social commerce site Fancy said Monday that it will roll out a program to compensate users for their curation and sharing. Each time a friend buys a product shared by a user, the user will get 2 percent of the transaction value.
Services like Klout and Kred may turn people’s social influence into points. But social curation site Fancy says it’s going to give users something more: payment.Calling it the “next step in its evolution,” the New York-based Pinterest rival announced Monday that it will roll out a program to compensate users for their curation and sharing.
“What we’re saying is, you the people are curating the [products] that other people are buying, and we’re benefiting because we take a commission on all transactions,” said founder and CEO Joe Einhorn. “So why don’t we compensate you for either curating or marketing for us? It makes total sense to me. I think it’s the future of the internet, which is people are going to have to get something out of these services.”
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Content Curator Tom George
Head of Inbound Advertising North America at Internet Billboards. Pioneering inbound advertising as well as an avid content curator who enjoys finding those digital gems out there in cyberspace and sharing them with others.