AppBank Pays Consumers to Create Social Entertainment Applications on Facebook® Platform

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AppBank provides free patent-pending technology and rewards talented people for creating entertaining, engaging, and viral quizzes, gifts, polls, surveys, tests, and games on Facebook

By monitoring the statistics AppBank provided for my application, I was able to fine tune it for greater pick-up. I already earned a few hundred dollars with just one application and I'm energized to make more.

Love them or hate them, everyday millions of people spend their time on Facebook taking quizzes, participating in polls, and playing games using applications created by their peers for fun. AppBank (http://www.appbank.com) announced today that it is "sweetening the pie" for Facebook application creators with the first solution that pays people to develop social entertainment applications for Facebook. The new solution is free and designed to help non-technical people create any number of high-quality quizzes, gifts, polls, surveys, tests, and games to make an unlimited income per month through an innovative ad-share model. In addition, the platform strictly abides by Facebook Platform Terms and Policies and includes sophisticated filtering technology that automatically prevents users from creating offensive or inappropriate content.

"All in the name of fun, people have created amazing entertainment applications in Facebook for their friends and millions of other Facebook users to enjoy," said Fred Hsu, CEO and president at AppBank. "Our new approach crowdsources the development of social entertainment applications to the public and compensates them with ongoing ad revenue. The higher the quality of application, the more views, which means the sky is the limit in terms of creativity and earning potential for AppBank creators."

AppBank: Helps Application Creators Earn Money on Facebook
Facebook currently has more than 300 million active users worldwide, with millions of users logging on to Facebook each day, sharing more than two billion pieces of content each week. With AppBank, everyday people looking for supplemental income can develop, promote, and most importantly generate revenue from creating entertaining applications for Facebook. AppBank's top earners currently make up to $769 per month -- useful for buying books for college, paying for fuel, putting extra groceries on the table, or adding to a family's vacation budget.

"I had never created any sort of Facebook application before, so I watched the AppBank tutorial then completed the template. Within 30 minutes I created my first Facebook quiz 'What TV Couple Are You?'", explains Jennifer Pinel, a recent college graduate. "By monitoring the statistics AppBank provided for my application, I was able to fine tune it for greater pick-up. I already earned a few hundred dollars with just one application and I'm energized to make more."

By pairing relevant ads with crowdsourced entertainment applications, AppBank is able to share ad revenues with Facebook application creators, a notable first in this industry. Highlights of AppBank's offering include:

  • Anyone can publish applications with AppBank. Technical programming skills are not required to create a broad set of fun applications including quizzes, gifts, polls, survey, tests, and games that have the potential of reaching millions of users. Stay-at-home moms, college students and anyone that can use the Web can create an AppBank application with short training videos and simple templates that guides users through an easy step-by-step process, point and click functionality for embedding pictures and YouTube videos, and marketing tips to promote apps.
  • It's free to make money on Facebook. AppBank's crowdsourcing model is based on matching ads with applications that work well together and in turn, sharing ongoing ad revenue with application creators. Higher quality applications tend to get more views, equating to more money.
  • The AppBank Dashboard provides creators with maximum visibility. Through a highly visual dashboard, application creators can access all the information they need for every application they create. Users can easily track how well their application is doing with detailed information on who is using the application including information on their sex, age, location, and more. This reporting can also assist creators with refining their applications to make them even better, and eventually yield more money.

Availability
AppBank is currently in beta. To qualify for making money on AppBank, people must be a resident of the United States and Canada as well as over age 18 in the United States. For more information and to try out AppBank's news tools and training materials, visit http://www.appbank.com.

About AppBank
AppBank offers a free social entertainment platform that makes it easy for anyone to make money by creating fun, engaging, and viral Facebook applications. By pairing relevant ads with crowdsourced entertainment applications, AppBank is able to share ad revenues with Facebook application creators, while providing advertisers with targeted, performance-driven ad solutions. For more information, visit http://www.appbank.com.

AppBank and its respective logos are trademarks, registered trademarks, or service marks of AppBank. Other products and company names mentioned are the trademarks of their respective owners.

Facebook® is a registered trademark of Facebook Inc.

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Deanna Leung Madden
AppBank
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Michele Mehl
AppBank
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