Friday, May 23, 2008

UrTurn Pays You To Use Facebook

Keeping up with your friends on social networks is hard work (enough so that many of us spend hours at it every week). Wouldn’t you like to make a few bucks for your trouble? Meet UrTurn, a new startup that hopes to create a unified virtual currency across all major social networks. The site has just launched in a public beta, and is currently available as a Facebook app (with MySpace coming shortly). In some respects UrTurn acts like a virtual pyramid scheme - users can get points by inviting their friends (and even more points if those friends add the application). But users can also get points by performing everyday actions. These earn fewer points, but they add up - if you were to add two friends, five photos, and two status messages on Facebook every day for a year, you’d have enough points for an iPod Touch.Users spend their points at UrTurn’s virtual store, where they they can buy gift cards or digital gadgets (we can expect the store to grow as the site expands). Alternatively, users can put their points up in a marketplace and sell them for cash. You’re not going to get rich this way, but getting paid to surf Facebook is certainly an appealing prospect. In an effort to reduce gaming of the system, the site requires users to tie their accounts to an active PayPal account
http://www.techcrunch.com/2008/05/22/urturn-pays-you-to-use-facebook/

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