techTAGG was launched about two weeks ago and they are on a good path to being one of the successful websites to follow the foot steps of Kevin Rose and his Digg.com website. If you haven't heard of www.techtagg.com then I think you should take a look at the site before reading the rest of my story.
I had a chance to interview Guna Deivendran, the founder of techTAGG and here is what he has to say:
"I've created techTAGG to help bring technology news and other technology related information in front of people who are part of that information on a daily basis. With Digg moving into other sectors, I thought it is a great idea to focus exclusively on technology. Technology can be divided into many different niche sectors. That will be the focus of techTAGG. In the next few weeks we will be rolling out many features that will help technology sector to connect even better than today. Our focus will not exactly be like Digg. We are not in a position to compete with them and we didn't create this site to compete with them. We just wanted to give the people a different medium to tagg information."
and when I asked him what he is doing to draw members to his site, Mr. Deivendran said:
"I believe in giving back to the community that actually makes you shine. techTAGG is all about community coming together to share their visions and their stories. We will be adding features such as technology marketplace and other features that would benefit all of our members. Also we are one of the first such site to do revenue sharing with our members. Members have the potential to make a lot of money by placing their own ads for the stories they submit. This will motivate members to submit relevant content and also participate to get those stories to the front page. We gave away 100% revenue sharing for the first 250 members and the turnout was enormous. I am happy with where we are now and so does our members."
techTAGG has competitions such as Netscape and Digg but the founder is convinced that he can make techTAGG a different experience for taggers in the technology sector. He has a long way to go but it is a start. I personally like the fact that the members can make some money while they tagg just like many other revenue sharing forums. If this model works then techTAGG shouldn't have any problem gathering some good taggers instead of trying to buy them off like Netscape did. You can read the Netscape story here. That totally was not a good move. Netscape was hacked within days from that post.
This will be an interesting area to keep an eye on. I will definitely be doing that and will share some of my thoughts on other social networking sites.
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