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Very Unique Concept - Need your views

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Dave

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Overview

Tagi is a search engine where its user’s can buy and sell shares in “TAGS”. Tags are one word/phrase descriptors i.e. “host”, “organic”. The value of the tags depends upon a couple of factors:

• Popularity: The amount of user’s who contain the tag in their search term and how many outgoing and incoming hits from various websites that have been tagged with the tag in question.
• Quality: The quality of the tag itself. For example, the tag “host” is better quality than the tag “web host”, thus this substantially raises the value.

When users purchase share’s in the tag, their website is also automatically placed in search listings for any search term’s matching their tag. Tags are automatically added to the “Tag Market” whenever somebody submits a website to the search engine and tags it with a NEW tag. (one that doesn’t yet exist on the market).

User's can buy and sell shares in tags without having a website and can also submit websites without buying shares. Priority on search engine rankings will be given to users who have bought shares in tags.

Tagi Shares

A share is a contribution towards the value of a tag. The minimum amount a user can invest in a tag is $1. The maximum is as much as they want. The growth of a tag will have an effect on how much share each user has in that tag. Tags grow in two ways:

• User’s Search Term (UST): Every time a unique visitor/user contains an existing tag in their search term, the value of the tag will raise by 0.1%, so every 1000 unique visitors who include the search term will help raise the value of the tag by 100% i.e. ($1 -> $2, $6 -> $12) etc.
• Outgoing Hits (OH): For every unique outgoing hit a website receives, all tags for that website will raise by 0.05%.

Let’s say for example we have three users who have invested in the tag “poker”.

User 1 invested $15
User 2 invested $10
User 3 invested $5

This sets its starting value at $30, if we disregard past growth of the tag.

The search engine gets 10000 unique visitors who search for the term “poker”. This pushes the value of the tag "poker" by 1000%. This means the tag is now worth $300.

All users’ initial contribution has now shot up by 1000% each (disregarding any new investors in the process).

User 1’s investment is now worth $150 (50%).
User 2’s investment is now worth $100 (30%).
User 3’s investment is now worth $50 (20%).

User’s can buy and sell their shares whenever they like.

Ok, ok but why are tags so valuable?

Traffic - The more a tag is worth the more traffic it recieves. When buying or selling shares, users are also selling the traffic to their search engine ranking.

Simple. The only way to appear on a search result page is to buy shares in tags. The greater percentage your share the higher in the search results your site appears.

When users sell their shares they are essentially selling their ranking in the search results and the amount of traffic (outgoing hits) they receive.

How can you help?

At the moment this idea is very basic. I would like you guys to offer your views, suggestions and improvements for the idea.

Thanks for reading. :)
 
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What if they want to sell their shares back to you, surely you might lose money this way?
 
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Danltn said:
What if they want to sell their shares back to you, surely you might lose money this way?

Well I was thinking users could sell their shares directly to other users or end users who want to purchase the share simply for gaining traffic and an increased presence on the internet. If I made it so they could sell the shares back to me I would have to have a much lower conversion rate.

The problem I am having with an idea like this is how shares fall in price. I suppose the system could automatically collect relative data about all tags and determine the changes in popularity. What do you think? :)
 
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Bump

Anyone else have any views? :)
 
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this idea seems a bit pyramid schemey and although it might be legit, you can expect to be have your account frozen by paypal since they don't fully investigate the nature of the site. if that happens, you will be limited to using other payment processors, which will also hinder the growth and success of your idea.

you could email paypal first to make sure they're okay with your system, which could save you some headaches down the road.
 
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I love it, but personally dont think it will work.
 
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