Empire Avenue: Social Stock Exchange

Posted on | August 30, 2011 | No Comments

Have you ever wondered about entering the stock exchange, what would you be worth? Now you can find out, through this new website which combines your social media network with an online game: Empire Avenue. The idea is not so much to become friends or follow other people or companies, you can buy shares in them. And earn some virual money, connect with interesting people and see how active your social network really is.

Having just started, I can mostly say that it’s fun to find out how this game works and to see your own stock grow as people invest in newcomers quite a bit. The link to your social networks is mostly to track your work there. The website does not allow other users to see your Facebook updates for example, unless you are friends with them already on Facebook.

I can see how a website like this can be quite addictive, could also lead to some discussions about privacy, especially since you can buy stocks in people who have not signed up for Empire Avenue. But so far it looks like it’s just another way to expand your social network and gain more traffic to your blog, your twitter or Facebook fan page.

More as I learn more about this game. So far a few first impressions and here some links about this game:

Empire Avenue on Wikipedia

Beginners guide to Empire Avenue by the NextWeb

The Myndset on Empire Avenue

Empire Avenue on Mashable: How to buy & sell share of your friends

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