Partnership with Revolution Money offers financial rewards for bloggers SAN FRANCISCO, Aug. 11
SAN FRANCISCO, Aug. 11 /PRNewswire/ -- Salon Media has launched a network
of member-generated content, Open Salon, www.open.salon.com, which helps
members find an audience for their content -- and get paid for it.
Part social network, part blog network, Open Salon rewards users who
create content by spotlighting the best blog posts on its home page and
through member ratings.
The best posts will also appear on the home page of Salon.com, offering
members a high-profile home for their work and letting Salon readers appear
alongside the site's established writers.
Powered by an online payment service from Revolution MoneyExchange(TM)
(RMX), content creators on Open Salon can be compensated for their work by
fellow community members through MoneyExchange. Open Salon users who create
new MoneyExchange accounts will receive $10* in their accounts that they can
use to provide other accountholders on the site with compensation. Community
members can receive electronic cash payments called "tips," without
transaction fees to other MoneyExchange accountholders, for content other
members want to reward.
"Open Salon lets people create content and distribute it to Salon's
readership as well as elsewhere on the Internet," said Chris Neimeth, Salon
Media Group's chief executive officer, "and through our relationship with
Revolution Money, people can reward others or get paid for their efforts,
sending and receiving payment, without fees. Our audience benefits
economically as well as intellectually from their productivity and
collaboration."
"Open Salon eliminates the gatekeepers," observes editor-in-chief Joan
Walsh. "It makes our smart, creative audience full partners in Salon's
publishing future."
"MoneyExchange makes it possible for users to make online payments -- even
micropayments -- to other accountholders, without the fees associated with
other services," said David Cautin, senior vice president and general manager
of Revolution Money's payment solutions division. "Now Open Salon users can
literally give their two cents -- and much more -- to their favorite
bloggers."
On Open Salon, anyone can set up a profile, post their first blog item,
photograph and artwork, or embed a video, and start building an audience. And
after a simple registration and account approval with MoneyExchange, users are
able to accept (or give) compensation to other members with MoneyExchange
accounts. Open Salon editors curate the site's home page, but readers and
members have considerable editorial control, with separate covers that display
the Most Read and Top Rated posts.
"It's a true marketplace of ideas," says Kerry Lauerman, Open Salon
director. "Bloggers get a built-in audience, and a more realistic way to make
money than what's out there right now."
About Salon Media Group
Salon, the award-winning online news and entertainment Web site, combines
original investigative stories, breaking news, provocative personal essays and
highly respected criticism along with popular staff-written blogs about
politics, technology and culture. Salon hosts two online communities, Table
Talk and The Well, and has offices in San Francisco, New York City and
Washington D.C.
*Subject to approval. Terms and Conditions apply. Offer is limited to one
(1) $10 sign up bonus per MoneyExchange account that is created by 8/31/08.
Current and former MoneyExchange accountholders are not eligible to
participate in this offer. This is not an interest-bearing account. The annual
percentage yield is 0%. Your account will be credited within 24 hours of
opening. Account issued by First Bank & Trust, Brookings S.D., Member FDIC and
part of the Fishback Financial Corporation.
SOURCE Salon Media
