Congratulations on a very exciting and successful March monthly cycle! With close to 100,000 votes cast during the month, we are excited to see the platform mature as we enter the 3rd monthly cycle since our full release. We are working hard to expand our monetization strategies and we are committing a monthly minimum of $10,000 that will be allocated to the community each cycle until we start to earn in excess of $20,000 a month in total collected net revenue. In order for us to get to that point and beyond, it will be important for each one of you to help us build our traffic and grow the community as quickly as possible. This means that you should be sure to use the “Share It” tab on each of your reviews that you are really proud of, or reviews you find that you feel stand out. Also, make sure you utilize the new bulk invitation tool on the Friends Tab of the Community Dashboard in order to grow your personal friend’s network providing an even wider voting pool for your old and new reviews alike. Remember, the larger your friends network, the greater your advantage is in the new voting based revenue sharing system!

The $10,000 payment for March will be broken out in the same structure as the February payments, with the important exception that revenue per category will be split between the top 10 reviews in a category, not just the top 5. We will be posting the specific breakdown on percentages by review position later today in the forum.

ShareScore

We’ve addressed some community concerns by releasing a very important new feature in the April Cycle: ShareScore. This is a new system that will measure some of your activities within the community and assign bonuses and negatives to those actions based on how much they contribute to the overall goals of the community, which is to have the best community and the highest quality reviews available anywhere online.

Reputation Score will be the NEW tie breaker for all reviews that tie for a revenue earning position, starting with the April Cycle. Also, we have designed your Reputation Score to determine how many votes you will be allowed to cast per category. Everyone starts with a Reputation Score of 50%; members with a score between 25% to 74% will be able to cast only 2 votes per subcategory, with scores above or below this range increasing or decreasing the allowed votes per subcategory in real-time. Here is the breakdown:

100%: 4 votes per category
75% - 99%: 3 votes per category
25%-74%: 2 votes per category
1%-24%: 1 vote per category
0%: 0 Votes

For more information please read this forum post here.

We are excited to see our community grow, mature, and prosper as we continue our efforts to round out the SharedReviews community. Some exciting new features to look forward to over the coming weeks includes SharedNews, which will be a page where you can track all of the community activity involving your friends. As well, look forward to new vote-received email notifications, and daily / weekly digest options on all email notifications very soon.

We will be processing the February Paypal payment run for all accounts that have over $10 in owed earnings this Monday April 7th, 2008. As well, the breakdown of the March cycle earnings will also be processed on the Monday.