Social network application company Buddy Media has recently come out with a currency for Facebook users, called AceBucks. You can acquire AceBucks by doing things that you are already doing on Facebook, such as adding applications, taking surveys, playing games, etc. You can cash in your AceBucks on Facebook to buy virtual gifts for your friends, or you can convert them into cold hard cash to buy real items (the site cites iPods and phones as examples). When you sign up, the application urges you to invite your friends, and you’ll actually earn more AceBucks for doing so. If you’re an application creator, AceBucks will soon be launching an API that lets you integrate AceBucks into your app.

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