Tnx.net is a text link advertisting platform which brings publishers and advertisers together. They are following a somewhat new model of compensation as they are using points. You can get points for display text ads on your website and spend these points to have your ads being displayed on other sites.

As a publisher
TNX enables you to sell links to a large database of advertisers. You are not restricted to sell links only on your homepage, you can sell them on each and every single page of your website.
First step is to register with tnx.net. Registration is easy and does only require username and password of your choice plus your Full Name and eMail. That´s it.
After login to you new account, you´ll find a toolbox on the left sidebar which looks like this:

Add your first site to have it approved by tnx.net, which takes 1-3 days.
After your site has been approved, advertisers can purchase links on your site using points, which can be viewed as an internal currency on TNX. These points will be credited to your account, based on the PR of the page(s) the ads are being showed.
You can use the point for advertising on other websites, or you can redeem them for cash payment using PayPal.

Freebies
You can get 7.000 points for free to test the system easily. You will be credited the first 5.000 point, just upon approval of your site. Than, go to this thread at the DP Forums and leave your Nickname and TNX-ID for another 2.000 points bonus.
You can get 7.000 links from PR0 pages with 7.000 points or 70 links from PR2 or 7 links from PR5 pages. Enough to test the system if it fits your needs.
Affiliate program
TNX also has an affiliate program in place. You will earn 13.3% of your referals income everytime a link is being sold on their sites.
Example: Your referal sells a link on his site for 1000 points. He or she will receive 75% of this i.e., 750 points and YOU will get 100 points, which is 13.3% of your referals income.
I think TNXs approach on using points instead of cold hard cash makes the system more flexible. You could choose to reinvest parts of your income into new links, and have the rest paid to your PayPal account. I am testing the system on some of my other sites, and will be reporting how it worked for me in the future.
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