I was highly entertained on my way to work yesterday when I heard this guy talking to our 970 WFLA A.M. Tampabay people about a new site called Weblo (pronounced “web-low,” you sickies ๐ ) They went on do discuss how you buy the rights to build a page for a particular geographic region, say a city or state, and make it into whatever you think people will want to visit.
Instead of trying to reword the “big picture” of what this is all about, here is what they say:
Weblo.com is a Virtual World where members get paid while building pages and profiles on their favorite people, cities, states and internet domain names. Weblo is a replica of the real world โ part game, part community and all fun.
Weblo Members add videos, photos, news, blogs and build networks of people around their pages and all they own. The more traffic you get, the more popular your pages; the more popular pages earn more money for the member that owns them. Weblo Members get paid for doing what they already do on the net
For example, if you own California, you pay a lot more for that right for that page, but you also generate revenue from LA, San Diego, San Francisco, and all of the municipalities within California. That sounds like a pyramid scheme until I thought about it. It’s like buying a small lot to build a store or buying a huge tract of land to build a mall. Of course the person who builds the mall will make more money, but they really shelled out for it.
I think this sounds like a great idea for those business-minded enough to flip a property fast, as I’ve read of some pretty amazing profits already. Some cities are selling for a handfull of money, while others are going for the price of luxury cars.
Now…if only we could buy Shattrath City…
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