Interesting New Social Networking Service !

BLIPPY (http://www.blippy.com/)

It looks lot like twitter. Works mostly like twitter. But its not another one of those social networking site. The concept is very different and to many it might be something they are not willing to try.
Its a service where people create their login and then attach their credit card to their account. YES, Credit Card. Thats all, the user doesnt do anything else. The service basically "blips" or posts messages (like twitter) for everytime the user uses their credit card. The blip contains the transaction amount, where the purchase was made and in some cases what items were purchased... coool.. huh ??



Initially to me the idea seemed weird and useless, but few minutes into it, it seemed pretty cool. You can actually see what people are buying, whats songs they are buying on itunes, what apps are famous on app store, amazon products and deals people are getting on those.
And then there is the "like" option like facebook and the commenting by friends or followers like twitter which makes it more interesting. You are actually telling people what you bought today, where you ate, what food items you bought, what kind of shoes you bought of zapos (and providing links to these products directly). This service actually started to look more interesting .. But some people might have issue using this or getting to try this. Privacy Issues is a big thing, and telling the world where you are using your credit card might sound weird. Also like twitter, you dont control who is following you. Almost anyone in the world can start looking at your purchases.
Overall a great concept, and i think it will be huge in the near future. I think there are a few ways to make money from this. Partnering with sites like Amazon, Zappos, Shopping.com, Itunes, etc and providing links to products people buy (and earning commision) ; product based advertising; Ad supported mobile app; .....

@man!

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