We know Linda Ikeji recently invested a whooping N95 million into expanding her business. However, this new accomplishment hit almost everyone in the face. Linda Ikeji recently launched her own social network called Linda Ikeji Social. The network which is another Facebook  but from Africa, hit over 50, 000 sign-ups on the first day.

Linda Ikeji, is Nigeria’s top gossip blogger, and whether people criticize her or not, she knows how to deliver to her audience. In just six days, the network had 86, 000 followers.

Eventhough Linda Ikeji sees her network as a competition to Facebook, Linda Ikeji Social is a lot better, giving the fact that people can make money from it. Her plan is to pay people who gain a lot of followers on the site.

“Once they have 50,000 followers on their page, we will automatically start monetizing it. That means we will put our client’s banners on the page and pay you a commission from what they pay us.”

The cash incentives are paid out to the so-called ‘wallet’ — a section on the network where people add their bank account details. It remains to be seen if anyone will hit that high. For now, she will pay out a weekly share of her advertising revenue to the most popular accounts, she says.

Linda Ikeji Social is giving out 1million Naira to 50 people this week. That’s N20, 000 to each person. Also, the network plans to pay users N8,000 for original news content. Linda Ikeji Social, is about giving back to the online community. Being on the site makes their bank accounts huge, but at the same time, users are benefitting from it.

“Being on social networking sites make the (site) owners billionaires. You being on our site will make us money, but at the same time we will share some of that money with you.” Linda Ikeji tells CNN.



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