Posts Tagged ‘exchange’

Monetizing Social Currency

Monetization means that social currency must be convertible with financial currency or accepted widely enough to stand alone across all phases of production.

Whuffie Factor: To Accelerate Serendipity

In her book The Whuffie Factor (2009), Tara Hunt identifies the facts of a reputation backed exchange among real people, communities, companies, and social interactions – with all their associated human complexities. By the gift of wisdom or intuition, Tara’s choice of the modifier “Factor” is an important distinction. In mathematics, a “Factor” is a multiplier against some other quantity.

The Anonymous Social Currency

I am astonished that people willingly and freely give up huge volumes of information about themselves when they really don’t have to. In earlier times, marketers and advertisers would pay a great deal of money for far less information that people give them for free. People do not understand the value that is stored between their ears or how easy it would be to set up an alternate economy that trades in social currencies.

In Search of the Economic Warp Drive

The Next Economic Paradigm is a very simple idea yet the overwhelming majority of people have absolutely no idea what we’re talking about. The strangest part of this work is the knowledge that eventually this will become completely obvious to everyone and the transformation, from beginning to end, will take a very short period of time.

Google gets real-time, finally

Yesterday, Google announced on the official Google blog that real-time Web search is being rolled out. In the Google search results, you will begin to see live updates from sites like Twitter and FriendFeed as well as instant headlines from news and…Now that the exchange of knowledge can be expressed as a quality and a quantity, it is only a matter of time before people trade IOUs on conversations that have not yet happened

BX: They Trust Me, I Trust Them

One of my favorite aggregation sites is Business Week Exchange. To me BX represents a knowledge inventory. Everyone who posts to this site is a media maven, social influencer, and trust agent. Each one represents a galaxy of relationships, experiences, and followers.