Just something I though that I would share...
LokiTorrent Selling to the MPAA
Published: January 30, 2005 07:08 GMT Some updates to this story are available: here (This post is about what to do with files you have downloaded from Lokitorrent),
On several BitTorrent and P2P forums we have noticed reports that LokiTorrent actually has been holding out hoping that the MPAA will make an offer to shut them down rather then wage on with the expensive pending lawsuit. We have decided to research this rumor ourselves to see what this popular torrent site is up to. Original this was posted on p2pforum but has vanished... We are posting this story for the public awareness.
Some things we have noticed about the popular bit torrent site Lokitorrent that have raised some red flags is that they started collecting a US$30,000 legal fund to defend their site before they even were being sued! Even more odd was once they were sued they raised this amount to US$30,000 per month in legal fees plus US$4000 per month in site costs. To us this all sounds kind of fishy. Our question is why?
After several failed attempts to reach Lokitorrent site admins looking for answers we went and contacted the MPAA which was more than happy to state that yes Lokitorrent and the MPAA were in negotiations and that the current offer could not be disclosed nor could the terms if the deal were to be reached.
We all know bit torrent site admins take pride in their grassroots, non-profit image however most sites make huge amounts of money. Suprnova which claims to have shutdown due to MPAA pressure and to finish working on their Exeem project for their client is completely just lies. Suprnova was making alot of money. Figure if they had 2,000,000 visitors per day (which is what lokitorrent claims to have, suprnova many estimate had closer to 5,000,000) they would have made close to US$90,000 per month just from per-click ads. Do the math, (all you blog site admins will be kicking yourself because you know this is true) if even only 1.5% (my blog site even gets about 6%, so 1.5% is really low estimate) click an ad, even if by mistake they get an average of $.10 per click so they would be making US$3000 per day times 30 days, not to mention those annoying high paying popups. So now you are asking why would Suprnova shutdown if they were making so much? Well the answer is simple, with Exeem they have much lower costs as their whole system can run on 2 or 3 servers and their effort to maintain those 2 or 3 servers is alot lower as well when you consider they had more then 25 servers going at their peak. Exeem also will make them a ton of money through Cydoor. Some estimate they can easily make $1 per user per day which would put them at close to US$300,000 per day with their current user base. Cydoor is a information harvesting company. They harvest the users info to either sell to marketing companies and spammers or to use your info to hit you with ads directly for their clients. By using Exeem these companies know everything about you just by monitoring your online actions. You go to your email, they now know your email address, you fill in a form they have your name and home address, the information they can harvest is limitless and it is totally legal because when you install Exeem the user license informs you of this if you were to actually read it. If you dont believe us click here and read the part about Cydoor carefully.
So why do Lokitorrent and Suprnova care so much about the public knowing about all this? They care because if you knew about it their image as being modern day Robinhoods would be tarnished and they would not be able to sucker you their user into donating Thousands of dollars to them.
Our prediction is this Lokitorrent will sign a deal with the MPAA to shutdown, they will claim to shutdown saying that do to lack of donations they ca not afford to fight the case. The Lokitorrent admins save face with the BitTorrent community and continue their mufftorrent porn site and everyone goes on thinking they were just underdogs that could not afford to fight.
We would actually like to hear a reply from lokitorrent or suprnova on this actually and we welcome their reply. Again this is all just still brain food and speculation at this point.