x

Double your website value at 2tothe22

Published
by
Ken
on 28 June, 2006
in idea sites, ideas and online
.

I just ran across this idea today. Go visit 2 to the 22.

This idea is simple yet if Tonni (the guy behind it) pulls it off he will be capital letter RICH. It does remind us of the million pixel idea.

So what is the idea about?

Basically the idea is that the price to buy a slot on the homepage double each time it changes hand. Starting from 1 at $1, it will stop when it had double 22 times. Check out how it works.

(Heard of the fable of the king that was asked for grain of rice that double on each box of the checker board?)

Below I did a calculation of what he had made as of now and how much he stands to make at each stage.

Watch the power of the internet buzz!

For each sale he make 50% of the profit, so here’s my spreadsheet

Sold for Earn Total
Start
1 2 2 $2
2 4 1 $3
3 8 2 $5
4 16 4 $9
5 32 8 $17
6 64 16 $33
7 128 32 $65
8 256 64 $129
9 512 128 $257
10 1024 256 $513
11 2048 512 $1,025
12 4096 1024 $2,049
13 8192 2048 $4,097
14 16384 4096 $8,193
15 32768 8192 $16,385
16 65536 16384 $32,769
17 131072 32768 $65,537
18 262144 65536 $131,073
19 524288 131072 $262,145
20 1048576 262144 $524,289
21 2097152 524288 $1,048,577
22 4194304 1048576 $2,097,153

A cool $2M. How far can he go?

I can only say, do not underestimate the craziness of the next bigger fool.

4 Responses to “Double your website value at 2tothe22”

Feed for this Entry Trackback Address
  1. 1 Tonii
    29 June, 2006 at 5:39 am

    Thanks Ken! Now I’d know how much I’ve earned with each successful sales! :D

  2. 2 bloglily
    2 July, 2006 at 11:02 pm

    Hey Ken — What a fun idea! I’m your co-owner. I think we’ll make a great team. Hope all’s well behind the Great Firewall. Best, BL

  3. 3 59ideas
    3 July, 2006 at 1:53 am

    Hi BL,
    All’s well. I got so much spam from Best Blog that I decided spend some time cleaning them.

    Ended up taking a big detour and visited all the great work that you and Michael did.

  4. 4 bloglily
    3 July, 2006 at 5:13 am

    Thanks Ken! As for the spam, what a creepy thing for people to be spending their time doing. I try to keep up with it, but sometimes I don’t check in for a few days and then it falls off the radar screen. Maybe I’ll send the group a post about it, just to check in. I’m glad to hear you’re well. Best, BL

  1. 1 2^22: from $1 to $4,194,304
    Trackback on Jul 3rd, 2006 at 5:25 pm

Leave a Reply