Remember Agloco? Well, it’s officially over. I am sure you have received the email already. If you didn’t, then here is what they said.
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 agloco1[at]live[dot]com.
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
It’s a shame the management of Agloco (whoever they are) couldn’t pull this through. They were so close to becoming millionaires.
I checked my stats after hearing this news, and I was surprised to know that my total referrals were over 1000 members already (see screenshot). But it’s too late to be happy.
It’s not a big deal for members who have not spend a dime to promote Agloco (like myself). But I feel sorry for those who had purchased domain names, hosting and set up special websites for it (eg. www.agloco.com.my - Regional Agloco for Malaysia?)
Google shows over a million websites for the keyword “agloco”. I hope nobody lost big from this Agloco failure.
So long Agloco! Rest in peace! But I am sure there will be similar programs mushrooming in the next couple of weeks. Because, where there is a crisis, there is an opportunity. So, now that all programmers know Agloco is dead, they have all the reason to start their own program - which might actually work, unlike Agloco-toolbar ;). Because Agloco has been working on the toolbar-server-connection problem for the past one year, with no avail. Now I am wondering if they were trying to connect to someone else server instead of their own? ;) Coz how hard it can be, to connect a software to the ad server?
P.S Did you join Agloco? How many members did you get? Did you spend any money on the promotion? Would you join another similar program if it comes up again?