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Tsu, the Tidal of social networks, pays you for posting

Discussion in 'Tech-Related News' started by TechSocial, May 11, 2015.

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  1. TechSocial

    TechSocial TSG Facebook/Twitter/Social Media Thread Starter

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    People are tired of being commoditized, sick of their photos and posts and life stories being used to sell advertising. But few social networking upstarts have been able to capitalize on this, because even people who loathe Facebook won’t leave it. But Tsu (pronounced “sue”) is taking a different approach: Use ad dollars to pay users. Share the revenue with everyone.

    Tsu, which bills itself as “the people’s social network,” launched last fall, shortly after Ello catapulted into our collective conscious and then promptly faded away. The network has been flying under the radar, gathering more than 3 million users through an invitation-only system, and recently debuted an overhaul of its website and mobile apps with new creation and discovery tools.

    Tsu CEO Sebastian Sobczak compares what his network is doing with what Jay-Z’s new streaming service Tidal has done for musicians. Tidal shares equity with artists who get in on the ground early, to give them more of a financial stake in the success of streaming. Tsu shares its revenue, not equity, but the principle is the same: Give money to people who create content.

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