Is Yuwie the perfect source of passive income? It’s been several months since I’ve written about Yuwie or provided an update on my earnings. For those that have never heard of Yuwie, it’s a social network that shares a portion of ad revenue with users. Sort of like a Facebook or Mypace, but much smaller. I really enjoyed using Yuwie for about 3 months, and still login once a week to check mail and check on a couple of friends that I met online. I think the potential exists for Yuwie to become a great social network, but the new applications like music and open social just don’t exists. They could in the future, and that would be wonderful for Yuwie.
Today I checked my Yuwie account, and I have 1,176 referrals through 10 levels.
Seems impressive, but the earnings have dropped in half over the last three months. My best month March, I made $10.84. Now I’m making about $5.00 a month.
Also, new members have decreased by half as well. I remember when I first joined I would see 2-3,000 new members a day, now it’s more like 1,000-1,500. Could it be due to a saturated social network market? Yuwie is one of the only, or only, social networks that shares revenue with users. Myspace and Facebook, with the millions of users, don’t share a penny. Interesting how it has been difficult to invite a friend to Yuwie from the Facebook platform. The other aspect going against Yuwie, why would you leave Facebook when all your friends are on it? If you’re looking for easy daily cash, Yuwie is probably not the answer. Many enhancements and upgrades will be needed before the masses leave Facebook and Myspace for Yuwie. If you use a social network, does it bother you that you’re not sharing the revenue?