Miami-based VERIDOO has announced the launch of the nation’s first multi-lingual online social networking marketplace that rewards its members with cash and unique prize incentives as well as affiliate brand sponsorship. While providing online advertisers with a highly captive consumer audience, VERIDOO offers an existing online social networking community to brands that have yet to embrace the online social networking world.

VERIDOO.com is a newly launched online social networking environment that targets 20 to 45 year-olds in the general market as well as the burgeoning second and third generation multi-lingual U.S. Hispanic youth demographic.

VERIDOO allows its users to create their own personal content on a customized web “Channel” of their own, for which VERIDOO will reward high performance Channels with affiliate brand sponsorship for individual creators.

Innovative reward-driven “Channel” concept introduces a unique sponsorship incentive for members and provides a highly captive audience for advertisers.

For advertisers and potential sponsors, VERIDOO is just as rewarding. It creates an online pool of highly subscribed-to Channels for advertisers to choose from. These Channels comprise of a highly captive audience that can be uniquely targeted. VERIDOO provides a platform for branded content and a direct line to the consumer through it’s database of user profiles. For example, VERIDOO can provide an auto manufacturer with a number of popular auto Channels created on it by its members. It also can provide a retailer with an entire user profile database of females that like to shop on a weekly basis.

VERIDOO has pioneered the concept of offering its premium partners a social networking Web component for bricks and mortar companies or online brands that do not have an interactive online community. This member-driven platform, “Powered by VERIDOO,” is embedded into the partner’s existing website and enables its registrants to share and communicate on like-minded issues and ideas. As a result, it’s able to distribute its own network across multiple platforms regardless of the partner’s type of business.

“The concept behind our Channels featured on VERIDOO can really be described as monetizing the blog,” said Jason Inasi, President and Creative Director for VERIDOO. “We want to incentives our users as much as possible so it becomes the most attractive place on the Web to create, share, connect and earn on the subjects and issues that resonate with our more mature members on a personal level,” adds Inasi. “The rich multi-media content of our user Channels across a highly interactive platform will prove very appealing to potential new subscribers and provide an even more compelling reason for brands to use it as a unique way to target the consumer market.”

VERIDOO can currently be experienced in English and Spanish. The company plans on launching the site in multiple languages over the next year. To experience the future of online social networking, log on to www.VERIDOO.com