Frugal Reading

Archive for 07/30/2010

aTokens Review


Entrecard officially launched their sister site atokens yesterday in hope to capture a part of the micro transaction space.  atokens is a virtual currency site where you can send virtual currencies to other individuals for their services and goods.  Two of the main benefits of atokens in comparison to Entrecard is that you can cash out the new atokens virtual currency and transferring the currency to others do not incur taxes or transaction fees.

Overall I like the concept of virtual currency and micro payments.  There are currently two ways to earn tokens on the site.  You can either complete any one of those referral program offers or you can provide your skill sets to others through the App tab.  In many ways this reminds of of fiverr.  If this concept catches on, the main problem will be how do you categorize the service people are providing and make it easily searchable.  Is there going to be a rating/comment system that everyone has accustomed with?  These are questions that will need to be addressed.  For now, I like how Entrecard is trying to fulfill its end user needs.

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