Does Facebook need a digital currency? Apparently a LOT of people think so. If you haven’t heard of AceBucks, you’re about to. And if you are an active Facebook user, it is only a matter of time until you too have installed and are using the AceBucks application.
What is AceBucks? Simply put it’s an underground currency on Facebook. It allows users to buy and sell digital goods, hold auctions, give gifts, and send digital money to one another. The market for this virtual stuff is HUGE. One only need look at SecondLife, World of Warcraft, or Entropia to see how big virtual economies can become. I remember reading a stat somewhere (sorry it’s almost 1:00 in the morning and I am NOT doing the research to back this claim up) that SecondLife’s economy would be 31st richest economy in the world if it were its own country. Then you hear of people selling virtual land-we’re talking land that is digital, ONES and ZEROS, here-for hundreds of thousands of dollars. It just goes to show what a little bit of too much free time can do.
