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Saturday, 29th March 2003

BlogShares

I've just discovered the next thing that will take up more of my time (as if I needed any more) - BlogShares is a "fantasy blog shares market" where each blog has a valuation based on the total worth of all its incoming links. The value of each incoming link is valued as follows:
  1. Proportional to the worth of that blog
  2. Inversely proportional to how many outgoing links that blog has
So basically your blog gains value as more and more high-profile blogs link to it.

You get $500 (fictional) to play with - buy, sell shares as you wish. I found this site late last night, and didn't have time to look properly at it - and I've been too busy today - but tomorrow I'll spend some time deciding which blogs are worthy of virtual investment in. Oh, and I've just found that, since I signed up yesterday and BlogShares only officially went live after alpha testing sometime today, I get an extra $500 for being an alpha tester. Which is nice :)

And I went all squeaky last night when I saw that someone had already bought some of my shares! However, I was still listed as #1 Lowest share price, which I thought was rather unfair. But since then another 5 people have bought shares, which has doubled my share price to, uh, $0.02.

Being relatively new to blogging (I started at the beginning of December last) I still get overly excited when someone finds bent back tulips, by accident or otherwise, and likes it enough to link to or comment on it. Forgive my naivety :)

Anyway, clicking the graphic below will take you to my BlogShares profile, where you can register and buy some of my shares if you are so inclined!

Listed on BlogShares

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