Tag Archives: social

“Currency Connect” to launch in early 2010

Currency Connect, a “cross property virtual currency exchange” will be rolled out in the first quarter of 2010 by IMVU and MyYearbook. Articles and analysis from:

CNET

“This opens up an opportunity for other sites with large user bases such as Google and Yahoo to offer a currency program. If users are already joining multiple social-networking sites, there is no doubt that they are also using search engines and instant messaging.”

VentureBeat

“The deal is significant because it is a step toward a universal virtual currency, which could have profound implications for the economies of games and virtual worlds, creating the ability for fluid movement between different sites.”

VirtualWorldsNews

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Social Network site Vreebit rolls out “VreeBees” virtual currency

VreeBees earned by selling content, clicking on ads, referring new members, etc. VreeBees can be used to purchase ads, promote causes, obtain products.  Article from Social Media Portal here

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Sometrics partners with Gaming companies to optimize Virtual Currency revenue

Sometrics announces partnership with Atlus Online, Ndoors Interactive and ijji.com to increase revenue through virtual currency solution. Business Wire coverage here

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Marvelous Team-Up: Zong meets Mochi Media

Zong’s mobile payments platform getting integrated with Mochi Coins micro-transaction platform designed for Flash Games. Check the Business Wire Press Release here

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Latino Social Network Quepasa announces QDollars Virtual Currency

Quepasa members can purchase QDollars or earn QPoints to be used towards virtual gifts across the growing social network. PR Newswire coverage here

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Virtual Currency platform provider Jambool secures $5 Million in financing

Jambool, a micropayments platform provider secures $5 Million from Madrona Venture Group and Bay Partners. TechCrunch coverage here

Additional quotes from CEO, Vikas Gupta here (scroll halfway down)

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