Thoughtpick: A unique perspective of the Web and social media...
A unique perspective of the Web and social media...

March 3, 2010

Facebook: A Penny for Your Thought?

Except that, in this case, Facebook could possibly be asking you to pay a penny for your thought, rather than the other way round.

Okay. That’s a very misleading title from my side, but I can’t help it. People who claim that Google is the next evil empire, move over. I’m willing to bet some money on the fact that it’s actually the blue-faced Facebook that will wreck more havoc.

Let me introduce you to “Facebook Credits“, now open for applications that not only spam our sorry butts off, but are also about to do some ripping off. Basically, Facebook Credits is a currency that is aimed at making the purchase of virtual goods across Facebook’s apps easier.

How many Facebook Credits do you need today?

How many Facebook Credits do you need today?

Here’s what Deborah Liu, from Facebook’s blog, has to say about it: “By providing a single, cross-application currency, our goal is to making transactions simpler for users, leading to a higher conversion rate for developers. Specifically, our early testing has shown that users paying with Facebook Credits are significantly more likely to complete a purchase than the average Facebook user.”

To make it super easy, Facebook Credits supports different credit cards, fifteen currencies, mobile payments, and recently, PayPal.

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September 17, 2009

TechCrunch50’s Udorse Takes Facebook Photo Tagging to a Whole New Level

Udorse's earnings

Udorse's earnings

Well well well, we have reached the end of the Pop Idol of Silicon Valley, and despite all the innovation, one winner had to be selected, this year the prize went to RedBeacon. RedBeacon is a new platform that allows you to hire local service providers online without any phone calls. While it is kind of an interesting service, it didn’t get me excited about its offering and potential as Udorse did. RedBeacon does facilitate people’s search for service providers but doesn’t really bring anything new to the table – in my opinion at least -. On the other hand, Udorse manages to take photos tagging to a whole new level.

Facebook Photos Tagging:

One of the features that made Facebook photo sharing so popular is enabling you to tag your friends and give names to the people in your photos. Today, instead of calling your friend and ask him about the girl with him in the photo he posted to his Facebook account, you can simply figure out her name – and potentially other information if her profile is public – through the simple tag in the photo.

[read full article >>]