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Can someone help clarify this meetup's topic for me? To me, "monetization" means "extracting more revenue/sales/profit from each user"... a kind of general bus
by redsymbol 17y ago
Can someone help clarify this meetup's topic for me? To me, "monetization" means "extracting more revenue/sales/profit from each user"... a kind of general business issue. But it looks like this is more about virtual currency systems in game and game-like worlds. Is that right?
- code_devil 17y agoMy understanding is that it's around Virtual Currency trying to monetize your applications (facebook, myspace, etc). And you still monetize a 'user' as you make him buy Virtual Currency via either i) Real Dollars. (you get the money) ii) Doing Offers. (The Offering company pays you) Many VC's think it's a proven model for at least Social Networking Applications. (See Offerpal Media, Peanut Labs) I will be heading there tomorrow, so I will update you guys how it went.
- redsymbol 17y agoThanks!
- code_devil 17y agoyou can use the #mnw2 to get tweets on the topic OR I'll blog the main points when I get some time.