On the Web Land Rush – So You Wish to Manage Oprah?
Rick Schwartz seems bullish on Florida’s market. Afterall, he’s the digital governor.
Schwartz, a Boca Raton resident, recently dropped $18,047 to get the country – and the
accompanying gubernatorial title – on the nascent Weblo.com, a parallel e world where virtual reality
ownership of every true city, sports news predictions and property is now available on the market. So far, you can find 21,500
enrolled users, and nearly 7,000 cities have been sold.
“Monopoly on steroids,” says the Montreal company.
Except this game is played with real cash. Here is how it works: The first person to register home, state or city might pay for its own rightful Weblo owner. If you get a city or state, you are named the digital mayor or governor.
A property’s original price is determined by an index that believes its real life inhabitants and
Economy, in addition to its possible allure like a Weblo profile. It’s a game for the wealthy and that the
poor: businesses sell for as little as $5, however, investing in a state will surely cost thousands. It is a profile'” Said Sean Morrow,” Weblo’s director of advertisements, speaking to the sale of Florida. “But it’s a substantial return on
expenditure ” Schwartz, who’s in his 50s, can also be the virtual mayor of St. Petersburg, for which he shelled out $11.72. If land owners abide by Weblo’s game program, they’ll”develop” their sites with relevant details. Mike Jameson, a Connecticut resident that has bought properties throughout Florida, posted maps and photos of Disney World into his profiles for Lake Buena Vista and Celebration. He bought Treasure Island, as well, but has never done much because of its titles.
There’s a Business incentive to create a Great site: Weblo shares its ad revenue with website
owners. You could even make money by reselling your website. The Weblo participant who bought Seattle for about $40 resold it for $2000, proving that flipping isn’t limited to property. “world wide domination has never been more fun,” the organization enthuses on its internet website.
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Michael Pachter, an analyst at Wedbush Morgan Securities who buys the video game
business, voiced reservations about the odds of creating money off Weblo.
“You can’t sell adverts without traffic, and if they create some schmo responsible for creating the
articles of Florida, ” he may possibly do a terrible job, lowering overall traffic,” Pachter wrote in a email
into the St. Petersburg Times.
“Unless There’s a quality controller, customers will tire quickly of visiting the site, and
Advertisers can drop interest. Sounds like a pyramid scheme to me”
Still, there’s a NASDAQ-esque feeling to Weblo. The latest buys and the sales data can be set
to scroll across the top of one’s monitor screen. Jameson, that is 40, says he watches it
constantly, as if it were the stock market.
– logs to Weblo much less frequently. Should you
Visit his internet sites expecting photos of this shore and the state flag, and you’re going to be disappointed. He says
he is awaiting Weblo to grab on before he develops his own profiles.
Schwartz quotes that he has spent $50,000 to $70,000 on Weblo. However, his friends don’t
question it,” he explained, given his success buying domain names.
“If you look at the ways you can throw your money away, whether or not it will the stock exchange
or visiting the casino, you don’t have any control over it,” he said. “It is only a bet.
Weblo’s Morrow would not state exactly what percentage of the Internet Page’s profiles are profitable, or
Whether the company has turned a profit. But Jameson says he thinks he’ll earn A36 percentage
return on his investments ($5,000 or $6,000 so far) at the close of the season.
Even without the fiscal element, Weblo allures.
(Wish to obtain the main offices of the St. Petersburg Times? Too late. This reporter snapped
Them up for 2.38, though she will entertain offers.)
Like a memory book, Weblo plays on sentimentality.
And like every other networking site, it functions on the demand for social interaction. “Mostly it’s for
Fun,” explained Calpas, 3-9, who bought Pittsburgh for $300 and also Lake City for about $5. “Individuals send you
messagesyou start to build friendships.”
Jameson, a real estate agent in real life as well as in Weblo Land, believes he’s found one
More use for your website: He has filed dozens of cities in his home state of Connecticut, and also
Intends to utilize those profiles to give home seekers with information regarding different areas.
“If I do lists for houses, I will state,’I’m the digital mayor of this town,'” he explained.
Weblo, for example Jameson, has enormous Web-based plans for the future. Morrow, the promotion manager,
Said the business is formulating plans for a Weblo presidential election, probably to be held
Before the real election next year.