There is a social networking site called FriendsWin that claims to be the next MySpace. Friends Win also claims those who join early will become millionaires because members will be paid on their entire network of friends. Are these two claims valid?Social networking sites like MySpace, Facebook or Hi5 are popular because millions of people visit and participate in them everyday making them rank as the most visited websites in the world.Since these social networking sites generate so much traffic, they also generate tons of money in advertising revenue. This makes them highly lucrative to those who have shares in their ownership.How many times have you gone to My Space and seen ads from dating sites such as Match.com or E-Harmony etc. or flash banners advertising a new movie coming out or a musician’s new compact disc for example.Social networking sites are a major money-making trend in the world’s economy right now.Well, let’s look at the social networking site called FriendsWin and their two claims of becoming the next MySpace and creating millionaires and see if its justified.1) What Is FriendsWin?It is a site that pays you on your entire list of friends and contacts. Each member pays $9.97 a […]

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