Beat that YouTube! Flixya, a San Francisco based company, have launched their online video-sharing offering. And guess what!? These blokes have a really cool revenue (sharing) model. They split their profits with the user. Can’t believe what you are reading? Read on then!

Flixya’s revenue sharing program is a new concept that is raising a lot of eyebrows. The program offers users a 50-50 split if they submit content from YouTube, Metacafe, Daily Motion, Google Video, and other sites that offer embedded Flash players. Users need to just paste the required code in the box, add titles, tags and a description and submit. The revenue system uses Google Adsense and an in-house ad publishing system.

"It is has been rewarding to develop a community for connecting people with engaging and entertaining videos." And like YouTube, the next phase of Flixya includes the ability to upload videos in addition to sharing videos from around the Internet. "By the time we are out of Beta, we'll have a targeted user base that can upload video just like YouTube. However, our focus at this point in time, is to aggregate content from the 200 existing video sites and build our core audience." says Adam Oliver, Co-founder, Flixya.

There are two revenue programs that users can opt for:

REWARDS PROGRAM:
In the Rewards Program, points are awarded for referring new users (15 points), sharing a video (10 points) or adding a comment (3 points). These can be exchanged for prizes like a MacBook Pro, an iPod Nano, a Canon Digital Rebel XT, an Apple 20″ cinema display, an Xbox 360, a Sidekick 3, a Sony PSP, a Creative Zen MP3 player or a $100 gift card.

And this is just bait. The cheapest item costs 30,000 points (SUCKA!!!).

CHARITY PROGRAM:
If you have a heart and you aren’t in for the green, the Charity Program is for you. Instead of taking all the Google earning you earn for yourself, you can donate to charity (read Lance Armstrong Foundation and World Vision). It isn’t clearly mentioned how much Flixya donates to these charities, but they do donate.

"Flixya is proud to be fundamentally built on the foundation that encourages its members to share everything," says co-founder Ivan Wong "Online video is an engaging platform and an untapped audience for advocating awareness of charitable causes." The Flixya charity program features an opt-in contribution of 50% of member-generated ad revenue. "We are excited about our growing list of charities that we support and look forward to contributing to local, national and international causes."