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47 views | AOL-Yahoo Merger Details Emerge; Deal Could Happen This Month Source:TechCrunch 2008-10-06 11:30:06 |
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44 views | BlackBerry Application Center: For Show or for Dough? Source:Mashable! 2008-10-06 15:31:48 |
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43 views | Ask.com Now Actually Delivers Answers Source:Mashable! 2008-10-06 05:30:08 |
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42 views | eBay Acquires Bill Me Later for $820 Million in Cash Source:CenterNetworks 2008-10-06 07:30:45 |
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41 views | Google Spreadsheets Get a Real Menu Source:Mashable! 2008-10-06 09:42:00 |
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40 views | Joffrey’s Introduces “Coffee 2.0” for Bloggers; Free Brew for Mashable Readers Source:Mashable! 2008-10-06 11:37:03 |
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32 views | eBay on a Shopping Spree, Buys Bill Me Later and DBA Source:Mashable! 2008-10-06 09:41:19 |
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BetsGoWild Launches - Betting Done (Almost) Right
March 31st, 2007 at 8:09 am
New York-based Betsgowild, which launched in public beta today, is a legal betting community that uses a virtual currency called “WildBucks”.
Users can bet “Yes Way” or “No Way” on all kinds of topics, building up their rank when they guess correctly. The co-founder, for instance, created a bet on whether Mashable will enter the Alexa Top 2000 at the end of April. Users are also rewarded with activity points for rating, tagging, adding a bet and leaving comments. Activity points determine your status (from Jack to Ace), and bets can be made for either WildBucks or stuff like “drinks”, “dinner” etc. Bets can also be supported by additional media like images and videos.
Widgets! Users have profiles with clean URLs, and this profile info can be embedded on MySpace, hi5, Piczo, Xanga and the rest using javascript or html widgets. There are also widgets for each bet, of course. Bookmarking icons for Digg, Bluedot, StumbleUpon, RSS feeds, yadda yadda….
The problem with entrepreneurs these days is that they’re too well informed: they know exactly what their competitors are doing, and exactly how to appeal to bloggers. They’ve implemented all the features on the list, and a little bit of edgy content (note the 18+ button) won’t hurt as they try to get mainstream appeal. Now everything is set up, the question is whether they can get the network effects going - ie. getting enough people into the system until it hits the so-called tipping point. There are some pretty obvious things to do there too, but we’re gonna have to start getting a stake in these sites before we hand over the written guide to building your startup. Did someone say Mashable Ventures? 
Recommended: Hi5 Stuff at Mashcodes!
