Can myLot business model sustain?
@varunsundars (112)
January 9, 2017 10:45am CST
I recently saw that bubblews, a site that pays people for their creative writing got shut down due to loss. As I go through our website, the business model looks very same to that of bubblews. How is myLot different from bubblews. Can it sustain for long here?
6 people like this
7 responses
@owlwings (43910)
• Cambridge, England
9 Jan 17
Yes. MyLot is nothing like Bubblews in the way that the earnings are calculated. In the first place, it doesn't pay a set amount 'per post' or 'per view' but according to how much interaction you receive from others. Exactly how much is paid 'per interaction' is never stated simply because it may vary from day to day or even from hour to hour according to how much revenue has actually been received.
The other factor is that MyLot has always seen it as a priority to pay its members and has always done so on time, every time it has been due for the last 10 years.
4 people like this
@amitkokiladitya (171927)
• Agra, India
9 Jan 17
You always have a perfect explanation
2 people like this
@amitkokiladitya (171927)
• Agra, India
9 Jan 17
That may be the reason they went ofg
1 person likes this
@arthurchappell (44998)
• Preston, England
9 Jan 17
Bubblews paid out too much too soon, and effectively ran out of money - it was too generous as offering good rewards they attracted more spam than they could handle, so adverttizing dried up, the owners blamed the members and started freezing payments, then slowed them to a trickle and then vanished overnight. This site is much better controlled
2 people like this
@varunsundars (112)
•
11 Jan 17
thanks @arthurchappell for your detailed answer...
1 person likes this
@mysdianait (66009)
• Italy
15 Jan 17
If you have your fingers crossed, it is difficult to type 
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@amitkokiladitya (171927)
• Agra, India
15 Jan 17
@mysdianait lol..I have heard it before
1 person likes this
@TheInvisibleMan (17597)
•
9 Jan 17
@varunsundars You can win good money here... But not HUGE money. Did you got it? 
1 person likes this
@varunsundars (112)
•
9 Jan 17
@TheInvisibleMan I am asking on site administrator's end. How are they managing money with our contributions?
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