What is Blogshares?
This is a very difficult question, but basically, Blogshares is a site which links hundreds of thousands of blogs together and organises them into categories etc.
This collection of blogs could be referred to as being similiar to the stock market.
Each individual blog represents a company, and shares can be bought and sold when the price is low or high.
Each blog is organised into industries depending on its content. For example a blog written by a male from Sydney, Australia, containing information about christianity can be allocated to the following industries: Male, Sydney & Chrisitanity. If the blog is written in english it can also be allocated to the English industry.
Industries allow someone who is interested in a certain topic, to find blogs written by people regarding the particular area of interest.
Money can be made in blogshares by buying and trading shares, but the real money is made in the ideas market. Ideas are produced by shares in a particular industry. By using the previous example, when a blog is re-indexed, depending on it's value, will produce ideas. Ideas can be bought on the ideas market and if a rare or valuable one is found you can sell them to players for huge profit margins. Ideas also increase in value depending on the length of time you have them for. Increasing NET value.
Just a brief intro into the workings of blogshares, keep an eye out for more.
Crackers ;)



2 Comments:
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