Opportunists find there's money to be made from Twitter
Thursday 25 June 2009
Twitter's founders haven't decided how to cash in on their internet messaging service. But this approach may not prevent a gold rush among opportunistic outsiders.
Lolplaying, the maker of a new role-playing game on Twitter called 140 Mafia, is trying to explore Twitter's moneymaking potential with Super Rewards, a "virtual currency" service.
Super Rewards gives players of online and mobile games ways to gain the upper hand against their opponents. The price - a fee, or a willingness to accept offers from advertisers.
It's already proven to be a lucrative model at Facebook and MySpace. Now Super Rewards co-founder Jason Bailey is confident it will pay off on Twitter.
Bailey said the 40-employee company is on pace to reach $100 million in revenue this year.
Most people pay Super Rewards about $10, but some have forked out thousands of dollars, Bailey said.
"It's all about ego and status for them," he said. "Clearly, some people have more money than brains."
educationTo mark International Women's Day, Sarah Brown on how charities have brought proper joined-up thinking to the delivery of education
Life & Style blogs
The future of sex: The first female condoms were derided, mistrusted and shunned - but will their modern counterparts catch on?
Satoshi Nakamoto unmasked: Report claims bitcoin inventor is 64-year-old coder living in Los Angeles
Private school refuses to readmit anorexic pupil because her presence would be 'too disruptive to the rest of the year group,' mother claims
'It's brusquely intimate': A bereaved daughter tackles the task of emptying her father's flat
Study suggests that 'gaydars' are real - at least for women
Apple's Tim Cook: Business isn’t just about making profit
Thousands of young people forced to go without food after benefits wrongly stopped under 'draconian' new sanctions regime
Ukraine crisis: New navy chief 'defects' and surrenders Crimean HQ as Putin claims ultranationalists forced intervention
Britain's top vet sparks controversy with call for ban on slashing animals' throats in 'ritual' slaughters for halal and kosher meat products
Ukraine crisis: Russia dismisses '3am ultimatum' as 'total nonsense'
If you're horrified by a flame-roasted dog, you should be shocked at a hog roast
- 1 The future of sex: The first female condoms were derided, mistrusted and shunned - but will their modern counterparts catch on?
- 2 South African rhino finally put down after roaming Kruger park for days with horn hacked off and bullet in brain
- 3 Channel 4 announces two-hour TV show to be broadcast 'Live from Space' later this month
- 4 Man stabbed with Legend of Zelda Master Sword in serious condition
- 5 Study suggests that 'gaydars' are real - at least for women
iJobs Gadgets & Tech
£1000 per month: Inspiring Interns: Our client is a start-up mobile app develo...
£6.31 per hour: Inspiring Interns: This growing predictive analytical software...
£55000 - £70000 per annum + Benefits + Bonus: Harrington Starr: C# Developer (...
£60000 - £70000 per annum + Benefits: Harrington Starr: Senior C# ASP.NET Deve...