Buy My Love

Forget Klout ratings.  Empire Avenue has offered a new way to measure your online self-worth – stocks!

I discovered the site (still in beta) through @zbussey on Twitter, who was also kind enough to send over an invite!

The premise: As you do more online, through Twitter, Facebook, and blogging, your stock rises.  Slack off on your Tweeting and your stock will fall.  Gain worth by those buying your stock, as your ‘influence’ supposedly increases.  Along the way, gain rewards for completing various tasks and reaching milestones.

Will it be worthwhile?

I’ve found that trying to increase my Klout score has given me great incentive to keep my Tweeting relevant and to reach out to my network.  However, since (as far as I can tell) increasing your rating on Empire Avenue relies on creating content and not necessarily on the usefulness of the content itself, using the site might inspire a flurry of irrelevant Tweeting and Facebook status updates in hopes of increasing the value of one’s stock.

There is a certain twinge of self-satisfaction that has happened each of the times I get that email telling me that someone else I don’t know in real life thinks I have potential and has bought shares in my stock.  Will I feel accountable to these people? Probably not.  Will they care if my stock falls? Doubtful.  But for now, this seems pretty cool and I’m curious to see where it goes.

Try it out. And if you do, buy stock in SVF (that’s me!).  I hear she’s a rising star.

PS. For more of an ego-boost, check out http://isparade.jp/ (thanks to @aglicksman for the link!)
Here is a pic of my “follower” parade, mid-route.  They are carrying a float of my avatar! Amazing.

Follow:
  • Did you know in the above section where I’m supposed to put my website it says “URI” instead of “URL”? Haha. Details details.

    I’ve spoken with the owner of Empire Avenue. They have a lot of great ideas they want to do with this. They are basically creating an online currency, and want to make that currency exchangeable for REAL dollars. I’m not sure of what kind of exchange rate (Think 1000 for $1) or something. How they’ll do this? Well with even a real stock market, everything is based on perceived values… they do have a lot of ways… including creating their own advertising network.

    Their mechanics seem interesting too… because it clues in.. say one day you tweet 1000, but every other day you tweet 100 times… it seems to recognize and balance it out.

    They are still in beta, it is a small Canadian company… but they’ve got interesting ideas. If they execute properly, I think this site is going to be very big.

    Klout only takes into account Twitter, and I questions it’s scoring (57?), whereas this takes many (and I believe they’ll add more) social media activites, as well as perception (people who buy raise your value, they will sell to make a profit and your stock will go down).

    Anyway, it’s pretty cool. Good post!

  • Did you know in the above section where I’m supposed to put my website it says “URI” instead of “URL”? Haha. Details details.

    I’ve spoken with the owner of Empire Avenue. They have a lot of great ideas they want to do with this. They are basically creating an online currency, and want to make that currency exchangeable for REAL dollars. I’m not sure of what kind of exchange rate (Think 1000 for $1) or something. How they’ll do this? Well with even a real stock market, everything is based on perceived values… they do have a lot of ways… including creating their own advertising network.

    Their mechanics seem interesting too… because it clues in.. say one day you tweet 1000, but every other day you tweet 100 times… it seems to recognize and balance it out.

    They are still in beta, it is a small Canadian company… but they’ve got interesting ideas. If they execute properly, I think this site is going to be very big.

    Klout only takes into account Twitter, and I questions it’s scoring (57?), whereas this takes many (and I believe they’ll add more) social media activites, as well as perception (people who buy raise your value, they will sell to make a profit and your stock will go down).

    Anyway, it’s pretty cool. Good post!