MySpace prepares for launch of virtual payment system
MySpace may be the top social network when it comes to monetization, but with revenues apparently falling short of expectations, it’s looking for new ways to make money.
At the Web 2.0 Summit last week, COO Amit Kapur announced that MySpace will be launching a virtual payment and gift system that enables it to earn real cash by selling virtual goods to its users.
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MySpace prepares for launch of virtual payment system
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