Jaxtr 5 million users, where is the money!

Jaxtr has reached 5 million users out of which 85% are international users. Wow, this is definitely amazing growth. Reminds me of skype’s old days, when it was growing at an amazing pace. This is for folks who have not heard about jaxtr, jaxtr is a voip widget that supports anonymous calling through widgets or a unique jaxtr phone number that connects you to the online community. Initially started as social networking voip widgets, later moved into international voice calling business model.

I still fail to understand their revenue model. I'm sure they are spending all their $10 million dollar money giving free jaxtr credits for international calling. It’s a free beer! Who wouldn’t want to have it, this explains their phenomenal growth. The moment they start charging users, iam scared the number’s are gone be pathetic.
Anne Zelenka from gigaom has an excellent post about jaxtr and their 5 million users. Worth reading

Here is some jaxtr user statistics I got from one of the comments from Anne Zelenka post:
India13.7%
Egypt6.1%
United States5.4%
Morocco4.5%
Malaysia3.6%
Dominican Republic3.6%
Jordan3.5%
Palestinian Territory3.3%
United Arab Emirates2.8%
Pakistan2.8%
Kuwait2.5%
Saudi Arabia2.4%
Algeria2.4%
Tunisia2.1%
Philippines2.1%
United Kingdom2.0%
Qatar2.0%
Bahrain1.8%
El Salvador1.7%
Singapore1.6%
China1.4%
Colombia1.2%
Canada1.2%
Sweden1.1%
Oman0.9%
Other countries24.4%

Based on my experience, looking at the user statistics and the countries they belong to – Good luck to jaxtr. Seriously they need big time luck to monetize from these users. Forget jaxtr, even bigger vendors are struggling to make money out of these countries. Though I like their app( I have embedded my jaxtr widget in my blog), hard to understand their revenue model.