Tuesday, January 23, 2007

Playing the market for motorcycle blogs

I recently joined BlogShares and I have been playing with the game. I found it very interesting, really. The concept is a fantasy stock market game that is played with blogs, where shares can be traded for play money. From the site:
BlogShares is a fantasy stock market where weblogs are the companies. Players invest fictional dollars on shares in blogs. Blogs are valued by their incoming links and add value to other blogs by linking to them. Prices can go up or down based on trading and the underlying value of the blog.
Upon first inspection, the game looks pretty complicated but there is of course a help page and forum. When I first signed in, my blog at www.mikeodom.name was worth $1,000.00. I believe this is the starting point for all new blogs in the game until they are indexed and when buying and selling begin. I started the day with $53,ooo.oo went as low a $963.00 and ended out the day with over a million dollars in money.

I found out that the chips you can receive for participating in the game were valued at 10 million +, so I cashed one in to fuel my buying. I am buying stocks mainly in Motorcycle Blogs and trying to learn how to work with artifacts and ideas. This game can be kind of complicated at first, but as you learn, you will have more fun and make more money. The great thing is that while having fun, the game teaches you the value of links. I highly suggest taking a look at BlogShares and joining in the game. Click here to visit BlogShares now.