VVX.IO is essentially a viral video stock exchange where users can "invest" in stocks of certain videos they think have a good chance at getting a lot of views.
In a brilliant twist on the hyper-competitive viral video scene, VVX.IO has turned the internet into a stock market and uses YouTube views in place of actual stock prices.
The way it works is pretty simple. After signing up (which can be done instantly through Facebook,) you’re given $500 in Voins to invest. Once you upload a profile picture, you’re given another $500 Voins. Then you choose a video you like that is fairly new and decide if you want to buy stocks in it. You’re essentially betting that the video will become a hit online, because as it gets more views it’s stock value increases and you make more Voins to invest later. However, no actual currency exchanges occur.
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This Viral Video Stock Exchange Let’s You Bet On What Will Get Big
- By: Jonathon BrownDec 20, 2012