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Now, it’s time to turn your iPone photos into dollars. Foap is the best photo app to do so. This site launched in June this year, has simply received a monetary contribution of $500,000. The application works as a kind of stock photos, powered by the users. Each photo you send from your iPhone to the service’s available for others to buy and use it commercially.
According to the developers, you can earn up to $10 per photo (means 50% of the amount collected’s for Foap and 50% goes to the author’s photo). The app’s been downloaded 150,000 times, received 1.4 million images and now has 910,000 images approved and published.
The Swedish Company, responsible for the application, got more of an incentive to expand its development – a financial contribution of $500,000 from Jade Global Investments Limited (LTD), based in Asia. You’ll be able to download the app in the App Store, but a version for Android service’s still under development. Hope it’ll come soon to download in the coming months.
Updated (Nov 27, 2012) Foap From iTunes Store – Download Now (9.3 MB)
Update: Foap app also Compatible with iPhone 3GS, iPhone 4, iPhone 4S, iPhone 5, iPod touch (3rd, 4th & 5th generations) and iPad. Requires iOS 5.0 or later. Via Apple iTunes