Tuesday, June 3, 2008

Significant Updates Bring Welcome News to Bloggers

Today, the Entrecard Team launched a series of new earning and traffic building opportunities for bloggers using their system. Most of these updates are welcome news for bloggers: they now have more credit earning and money earning opportunities.

[Announcements can be found here]

Ability to Purchase Credits
This is likely one the biggest updates. From the start, the creator/owner of the service, Graham, said that he wanted to present the ability to have members sell credits as part of the larger network. Today's update doesn't necessarily allow you to sell credits, as Entrecard is approaching loyal, honest members to purchase credits from on a daily basis (20,000-40,000/day). However, you may also purchase credits for just under 1 cent each ($0.095 USD). Current bulk amounts are 1000, 5000, and 10000, with prices set at $9.50, $47.50, $95.00, respectively.

The demand for the credits is extremely high, thousands of credits were sold out in a matter of minutes, and once the complete credit exchanging network is set up, and if maintained properly, will allow the member to purchase credits at different rates, depending on the seller's preferences.

Purchase Credits

Write Posts Regularly on Your Blog
The main purpose of blogging is to spread your ideas, so why not do it and earn credits for doing a seemingly regular task?

To earn 25 credits every three days, all you have to do is write a post in that period. The Entrecard system will automatically detect that your feed had been updated, and the credits will arrive in your dashboard.

Write on the Entrecard Blog
Ranging from between a few hundred to over 2,000 credits, writing a post on the main Entrecard blog will help you get word out about your site and offer your ability to earn credits at the same time. The number of credits you earn from writing will be determined by your post quality (grammar, length, content, etc.).

Post should remain relevant to the blog, and content that engages readers more will, of course, be rewarded more heavily.

Personal Thoughts
The main idea behind the exchange and the ability to sell credits is to help bloggers generate income from an alternative source and earn traffic, if choosing to sell credits, along the way. Growth of Entrecard has not slowed down and once the second phase of the system becomes enacted, users will be able to sell credits directly from their Dashboard.

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