Monday, December 10, 2007

The Death Of AGLOCO

I received this status update email just a few minutes ago from the AGLOCO Development Team. I have been waiting for this for several months as the site growth and traffic have been dropping drastically. I personally never used their adbar except for twice right after launch when it didn't work. Here is to all the AGLOCO hype people, told ya so.
Dear johnathan,

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@live.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


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