DISQUS

VentureBeat: Facebook wants you to give credit where credit is due

  • yep · 8 months ago
    eric eldon is attractive.
  • MG Siegler · 8 months ago
    I'll give you 10 credits on behalf of eric for that comment.
  • true that · 8 months ago
    He's even better looking in person.
  • Bryce Roney · 8 months ago
    Maybe this could be a micropayments scheme for other Facebook apps?
  • Eric Eldon · 8 months ago
    Good point. I'd asked Facebook about that but they replied that it's
    too early to say where the feature is headed. So maybe?
  • Hutch Carpenter · 8 months ago
    +1 bdude
  • Beau Giles · 8 months ago
    MySpace kudos, but more awesome, in other words.
  • Facebook User · 8 months ago
    Thanks Eric, +73.
  • Ryan Wanger · 8 months ago
    I appreciate that Facebook is trying something cute like this to make money, but honestly, is this the best they could do? Once someone has credits, they can give them away or buy virtual crap for someone else? Or, we could all just not waste our time sending pennies back and forth.

    Integrating actual micropayments for real & virtual goods and services would be far more lucrative in the long run. My friends on facebook are the people that I have casual debts with. Why not let me settle my burrito tab the next morning with one click on Facebook?
  • igniman · 8 months ago
    Do they plan to allow third party apps to access this credits stream? it would be a very lucrative source if facebook opened it up and shared profits with developers
  • rkorba · 8 months ago
    would be cool if they inverted it, or used "like" datamining to generate a digg killer (most credited links, people, et. al)
  • Michael Bauser · 8 months ago
    Actually testing a new feature with users? That doesn't sound like Facebook at all.
  • Betty Claunch Dobyns Cash · 8 months ago
    With all the apps on Facebook, it would be great to get credit for your efforts. But ... I am wondering what igniman asked above ... "Do they plan to allow third party apps to access this credits stream?" I have to agree and agree to sharing my info with apps on every site I'm on. I am beginning to feel like I'm spread out all over the internet now.
  • Niels · 8 months ago
    ugh.. this really sounds like a delayed april Fool's joke..

    Fall 2007 Fbook supposedly talked about micropayments w 3rd party app devs and April 2009 we see a field-test of credits for status updates or ..wait.. now I get it: Soon you can attach credits to friend request and - viola - we have a real economy for facebook users to earn credits by buying and selling friendship; it's brilliant it's.. it's... it's "Friends For Sale".. ugh.
  • Christopher Daggett · 8 months ago
    it would be better if we could also take credits from each other for uninteresting posts...

    news feed

    john doe has extra concert tickets to give away to the first person to respond to this.
    +10

    john smith loves his family.
    -5

    jane doe is.
    -20
  • patricianoble · 8 months ago
    Why are you using the company's jargon about credits instead of plain speaking to your readers?
  • Wayne Schulz · 8 months ago
    I'd be very hesitant about using something like this.

    My overall problem is --- what happens if the recipient doesn't spend the credits? Is this like the "gift card" or "travelers checks" or "rebates" process where companies make as much (or more) money on the un-redeemed items as they do on the actual product.

    I for one would not use this unless there was a bigger benefit to spending it -- for example you actually gifted some type of item or extended feature and not just "credits".
  • sull · 8 months ago
    i like that they are experimenting. but not a fan of the walled garden approach. be better if they integrated their own version of paypal.

    it also somewhat reminds me of a project i started in 2006 called fundavlog and started a blog at crowdfunding.com to log development of the idea. i had implemented a paypal powered credit system and added a feature right along with comments and ratings (on each videoblog post) that let users add as many pennies/credits as they could. one-click allowed for incrementing pennies or dollar amounts. the recipient of funds could cash out all or some of their money or leave it in the 'bank' so they can reciprocate by giving to others.

    no fees were taken as the way i implemented paypal avoided any transaction costs. so instead, i was going to rely on the community donating funds to the project itself to help pay for hosting or just tip for development time etc.

    it was a project in social capitalism and self-sustaining community of video creators via the concept of what i called crowdfunding.

    real job/life prevented continued development , however.
  • Winston · 8 months ago
    Can you name the school networks that are in the test?
  • Facebook User · 8 months ago
    Can I have, like, a ba-jillion credits? Thanks.
  • Malcolm Bastien · 8 months ago
    I know personally I'm not going to buy credits just to give them away.
  • Justin Swan · 8 months ago
    credits, just like twitter Twollars http://twollars.com only for Facebook.
  • Taylor Davidson · 8 months ago
    I wonder how far we are from Facebook charging for use (commenting, liking, posting) through a credit-based system. It'll probably never happen since it would cut out much of the social growth, but I wonder if a micropayment-based charge-for-activity niche network (perhaps one tying together buyers and sellers and not just "friends") is that far away...
  • AndrĂ© Miani · 8 months ago
    I study complementary currencies since nov/2003 and I'm happy to see some companies starting "to print" your own money. While some few people, beneficiaries of a glut of money, believing that wealth is money, others are creating money, maybe, by believing that is possible to create money to share out the real wealth of our communities that are our talent in form of products and services. Viva Facebook :)
  • Jason Gillard, Jr. · 6 months ago
    ithink,while these credits will attract people to facebook, Iwonder about the lifespan, given that facebook is yet to turn a profit
  • Alan Taronna · 6 months ago
    this is the new way of the dot com,

    i think last.fm is a pioneer in the age on profit.... facebook will become a child???

    i hope no.
  • asimkhan · 4 months ago
    Facebooks pathetic attempt to make money in a recession will fail. Just like Ebay has failed and so many before it. Trying to make money off others while not actually putting in any physical effort never achieves the desired result !
  • wedding · 2 weeks ago
    I study complementary currencies since nov/2003 and I'm happy to see some companies starting "to print" your own money. While some few people hollister