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Shvoong is another interesting and exciting paid to review style website where people can write summaries (or as they call them 'abstracts') on other written publications (books, magazines, websites, etc) and you can earn money from doing so.
The Shvoong website claims that it is an innovative new website where people can read summaries of various different publications, allowing them to quickly and easily separate the good from the bad. They believe that people should be able to use their site to be able to quickly compare publications, reading brief summaries of the items in question before deciding whether they want to make a purchase of that item or not. The website does seem to be a little bit like Wikipedia by providing human-edited information for free, although you are able to make money from Shvoong whereas you can't currently earn any money with Wikipedia. You can also write about various literature and scientific related subjects on the site.
At Schvoong you can write summaries/reviews/abstracts on a variety of different kinds of publications. These pieces of text need to be no greater then 900 words because the point of Schvoong is that people can read brief summaries, not lengthy articles reviewing an item. This is probably actually a main selling point for the Schvoong website - people don't really want to spend ages writing reviews, especially when they are dubious of the amount of money that they could receive (and also of the possibility of not ever getting paid) and so by being encouraged to write small and concise reviews you feel more inclined to write on their website.
With Schvoong you earn royalties on any of the text that you write. Royalties are gained by the advertisements that are placed on the same page as your review. Money is generated when people view your text and when they click on these advertisements, and you will earn 10% of this advertisement revenue. Although the 90% cut that Schvoong takes does seem a little hefty, it still won't take you long to earn a nice amount of money simply by creating a few very brief reviews.
On the Schvoong website you can request a payment by Paypal when your account balance has reached the minimum level of $0.50, or you can request payment by Cheque when your earnings have reached a minimum level of $10. However there will be a $3 fee charged on all cheque payments. You can also choose to be paid by Western Union if you so wish.
The best way of making money with Schvoong is by writing many interesting summaries (choose publications which are already popular and which are going to receive a lot of hits naturally) and by regularly using the site to create new reviews.
Schvoong encourages its writers to promote their content externally on other websites too, so if you had a blog/website you could link to your pieces of work on Schvoong and earn even more money from the extra web-traffic you can bring to your work. You can also try promoting your work on other social media type websites, for example by linking to your work from your Facebook profile page.
You can also earn money with Schvoong by referring other friends and writers to the site, so this could be another avenue for you to make even more money from the Schvoong website. The more money your referrals earn, the more money you will earn, so it will pay to have some friends who are interesting or skilled in writing ;-) You can earn up to $100 per friend referred to the website.
Overall Schvoong is a very innovative and exciting new paid review type website, and it already has thousands of members who are currently earning money from summarising and reviewing other publications. Although you only earn a small percentage of royalties from your pieces of work, these royalties do soon add up, and thanks to the popularity of the site you can easily get a few hundred article views and so you can stand to earn a nice amount of money from using the Schvoong website.