Friday, February 29, 2008

Entrecard exchange market


Entrecard has just launched an exchange market, at this moment it's not live they are just collecting information regarding the price. You can set the price for 1,000 credits the amount of credits you are willing to sell, the buy price and the buy volume.


They restrict the number of credits than can be sold and bought in a day to ensure the market stability, credits can be traded in packs of 1,000 credits, at this moment the price for 1,000 credits is $10 you can't set a lower price than this the transaction are anonymous and the payments are made through PayPal.



Entrecard doesn't take any fees from transaction but if a margin remains from a transaction they will take it. In the next weeks it will go live, until then keep dropping cards. People are “smelling” money, in the Entrecard Shop you can find reviews, banners, email address for prices that exceed 1,000 credits, the most expensive object from the shop is a domain you can buy it for 100,000 credits. I don't know if the exchange market is the cause of these offers but people are expecting to get rich, this may came as a shock but only a few will make more than a couple of dollars.

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