AGLOCO on TechCrunch
AGLOCO is all of those things, but it may be a good idea anyway. First spotted (and trashed) by Liz Gannes at GigaOm, AGLOCO looks to be very similar to a service called AllAdvantage that was a high flyer back in the day, just before crashing badly in the stock market burst of 2000. AllAdvantage paid users to surf the web by showing them advertising related to what they were viewing online. AllAdvantage also paid referral fees for new members that a user recommended to join. The company raised $200 million in capital and reportedly paid out $100 million to members...
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