Friday, December 09, 2005

Blogging and Blogshares

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(Want to “play” the “share market” without money or risk? My blog being traded in Blogshares – growth is a bit slow for now because I am out of “money” to buy more shares)
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These days I am hooked on playing Blogshares. BlogShares is a fantasy stock market for weblogs. Players get to invest a fictional $500 (keyword here is fictional), and blogs are valued by incoming links.

I registered myself for Blogshares sometime ago (registration is free) but did not really pay any real attention to it until couple weeks ago. The thing that got me interested was the question what is the value of my blog – in fictional sense of course.

In the last few weeks, this is what I have done:-

1. “Bought” back some of my own blog shares, owing 51% of my blog shares causing an increase of the share price from $1.88 per share to $2.80 per share (in the real world, the price would have fallen)
2. Saw my “investment” in sudhishkamath's blog was a jackpot with share price going up from $17.30 per share to $79.69 per share. It was my biggest “profit” todate - enough to buy more “shares” of other blogs
3. As at the day’s closing, I had $54, 914.79 worth of shares in 20 blogs including mine (bought some potential new blogs, hoping to repeat the “sudhishkamath” success)
4. Slowly buying over some of the interesting blogs around (in real life) but no one paid any attention in Blogshares

All of the above done without using real money of course. I am in fact enjoying it because the trading is free of charge and it is interesting to have an uncontrolled speculation buying
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However, Blogshares is not perfect (then again who is perfect in real world, right?). The blogs are valued by incoming links but these days most of us do not put up the link in our blog unless it is something that we consider as a “must”. 95% of the time, my favorite blogs is residing in my Feedreader. It makes more sense - it is easier to alert me of new blog entries, open the URL and save space on my blogspot.

At end of the day, I am not sure whether there is any real life lessons from Blogshares (I thought the same for Diablo 2) but being a game for free with the blogs actually growing in size, popularity and transactions, it should be interesting till it last.

So, have you checked the value of your blog’s shares recently?
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(Filed under Del.icio.us Tag: Blogsphere)
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