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If you have yet to hear about AGLOCO, you’re probably living in a barn. The company was founded in late 2006, and their product is about to be released unto the Internet any day now.

The idea behind the AGLOCO Viewbar is simple but ingenious. The concept is referred to as an Economic Network, and the basis is that each member generates income through ads displayed in a special downloadable toolbar no bigger than the Windows taskbar, as can be seen in the screen shot on the right.

As long as the AGLOCO Viewbar is displayed on your system, you are earning money. For any affiliates you refer who are running the toolbar, you are receiving a percentage of the money generated through them as well. If you spend countless hours surfing the Web like I do, why not make money while doing it?

Below is a sample video created by John Chow who was fortunate enough to receive a beta of the AGLOCO Viewbar from the company’s founder, Akshay Mavani.