AOL is offering a new way for application developers to make money.

The company announced the launch of AIM Money this morning. The new program will offer revenue sharing for programmers who create Open AIM applications. AIM Money will tie into AOL’s Open AIM 2.0 platform for developers.

To qualify, any application has to have at least two of five “value-added features” — things like advertising, the AIM start page, or the AIM Toolbar.

There’s no charge to participate in the AIM Money program. Any resulting payments will be sent out via PayPal.

The announcement came with word of the release of AIM 6.8, which includes a slew of new built-in mini-applications among other features.