News.com reports that a new video site called Eefoof.com will pay users for the videos they submit. The Web 2.0 names just get better and better as we go along. Eefoof promises to pay users based on the page views their media files generate.
Analysts will want to know whether Eefoof can sustain itself by cutting videographers in on revenues. But at a time when many video-sharing sites are looking for compelling content, the payment offer could give Eefoof an edge in attracting superior videos.
Eefoof's offer goes like this: Once a month the company tallies the number of page views for each submission. The company then looks at overall traffic and calculates what percentage of the page views was generated by each submission. Ad revenue is divided accordingly.
"Once your account exceeds $25, we will send you a PayPal transfer," the company wrote on its site. Specific percentages weren't dislosed on the Eefoof Web site. Representatives from Eefoof could not be reached for comment on Monday.
Many video sharing companies like YouTube.com generate large bandwidth bills so how could a video company both suffer bandwidth costs and pay users and still expect to be profitable? CNET does say the company will not pay for copyright content so don't bother uploading SNL or Daily Show clips in the hopes of earning money. Eefoof has been seen on both Digg and Slashdot today.
News.com 
