IdeaZap: TxtEagle

On IdeaZap Today!

Well it’s probably old news to you but definitely worth another shout!
A fairly new project aims to bring income opportunities to those in the developing world using the mobile phone.There are over 2 billion literate, mobile phone subscribers in the developing world, many living on less than $5 (R45) a day.

Corporations pay people to accomplish millions of simple text-based tasks.txteagle enables these tasks to be completed via text message by ordinary people around the globe.

Compensation is determined by the number of times an individual’s response agrees with the consensus; penalties are imposed for wrong answers, while “don’t know” responses make no contribution.Over time the system learns a particular user’s expertise, and can actively select the most appropriate tasks for them. It can also weight answers from long-term and historically accurate users higher than others, making it necessary to involve fewer other individuals when those users respond. Payment is made either to a bank account connected with an individual’s phone number—accessible at any post office or local kiosk—or via airtime credit transfers.

The txteagle service is currently deployed in Kenya via Mobile Planet and Safaricom, and will soon be launching in Rwanda through MTN Rwanda and in the Dominican Republic through Viva. Additional partnerships in Africa and South America will be announced later this year, txteagle says.

One to partner with, better,try out or get involved in…?

Worth a shot!

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