Jeteye has been around for a good while now, but I dug up this old BubbleGeneration post and it makes for interesting reading. Essentially, Jeteye is like Squidoo without the revenue sharing. You put together "JetPaks" (pages of information on one topic, similar to Squidoo lenses) and share your knowledge with the world. Great! But there's a major problem here, as Umair points out:
I have to put in some serious effort to make a 'pak' - much more than to bookmark a link. Where's my incentive? In a social bookmarking/del.icio.us style system, the value prop is inverted - bookmarks are beneficial to me, but they have an externality: they're also beneficial to you (especially when aggregated)...How does making 'paks' benefit me more than bookmarking and tagging stuff?