White Hat Media News
17/11/2008 | MySpace Launching Virtual Payment System
In the face of slowing profits MySpace is to start selling virtual gifts on its site in much the same way that Facebook does.Still the top earning social network site, thanks to its popularity in the US it has the seen the revenues being generated by Facebook, said to be a nine figure number and wants a piece of the pie.
With over $2 billion a year spent on virtual gifts and people getting more and more attached to their online identities it seems as though it is a market worth investing in.
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