*Update – Use coupon code JohnChow to get $10 off
The creativenesses of Internet entrepreneurs never cease to amaze me. Take for example Graham Langdon, 21 year old senior from the University of Connecticut. Like many college students, Graham has enormous college debts that he needs to pay off. He also wants to open the best bar in the world, right in the heart of Boston. How does Graham plan to pay for all this? He’s hoping The Million Dollar Wiki is the answer.
What is The Million Dollar Wiki?
The Million Dollar Wiki is basically a pay-per-page version of wikipedia. There will be a page for literally everything. However, instead of being open for anyone to edit, one person owns each page. Each page cost $100 and Graham plans to sell 10,000 pages so he can make his million bucks. Graham is off to a good start with the project. Since starting it two months ago, he has sold 158 pages and made $15,800. The FAQ gives a complete explanation on what the site is about and how it can make you money.
Every page is dedicated to a unique word or phrase. The content on each page is controlled by the page owner. Owners use the site, and specifically their page, as a vehicle to generate traffic, revenue or publicity. Other benefits include:
- Secure an exclusive niche in a growing micro-economy.
- Raise awareness of your website, product, or service.
- Cultivate a heightened web presence.
- Share traffic generated by the entire community.
- Join a resourceful community of motivated entrepreneurs.
- Receive storage space on our server for your page’s content.
- Link quality content to your relevant website for better SEO.
Make Money Online with The Million Dollar Wiki
Because you own the page for your chosen keyword, you can do whatever you want with it. Monetization of your page can range from selling products or service to putting on advertising like Google AdSense. You can also resell the page for a profit.
Ownership of the page is forever. In this case, forever is until 2022 – the hosting of the site has been covered until then. It’s Graham’s intention to keep the site up forever but it’s guaranteed to be up for the next 15 years. Some examples of Wiki pages created by users include:
There are a couple of case studies showing how the Wiki pages are making money for their owners. The Million Dollar Wiki offers several ways to promote your page. You could show up on the front page as a featured page, you could show up when a reader clicks a random page and you are also listed in the most popular pages. Currently, the most popular page is the keyword for Business, with 28,085 views.
The Power of Viral Marketing
Like the Million Dollar Homepage, The Million Dollar Wiki is based on the power of viral marketing. How well the Wiki does will depend greatly on how well Graham gets the message out about his project. Right now, he has the advantage because he is the first mover into this new space. After working the numbers – $100 over a minimum of 15 years – I decided to buy a page. I now own the Wiki page for Make Money Online.
I wish Graham luck on this project. I really hope he makes it because everyone loves an Internet success story. One thing for sure, paying $100 to own a Wiki page seems like a better deal than paying $100 for a little square.
*Update – Use coupon code JohnChow to get $10 off