Marketplace Launched

As previously suspected, Entrecard has launched a new marketplace, which allows you to take advantage of the credit system to buy and sell any products and services. I believe that once developed, it will be a major selling point and feature for the Entrecard site.

How the Marketplace Works

Since everyone is automatically a seller, you can take advantage of it right away. You can find the options by going to the shop while you are logged in.


One of the major features is that it operates on an escrow format, in that when you sell an item, the credits from the buyer are automatically placed in the escrow account, marked as received when the buyer receives the item. (Will there be issues with this?)

If you are one of the first hundred members to sell an item, you will receive 1,000 credits. 

Social Network Integration

This feature helps bridge the gap between this service and others on the web. You can link to Twitter, MySpace, Facebook, MyBlogLog, and so on, helping draw some additional traffic to your off-site profiles.

You will be able to change your URLs through the "Your Entrecard" area, which is where your advertisement is listed.

For the time being, however, I'd like to see how the feature gets promoted and how it evolves as more people add their products/services. For example, what type of price control will there be? Should many people take advantage of the system, more people will be competing with one another, resulting in prices to decrease, reducing the "value" of Entrecard credits. On the other hand, inflation could also be a problem if prices aren't reflective of what you are receiving. These are just issues that I am seeing at this time - leave your own thoughts on them.