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Microsoft Spinoff Wallop Launches | |
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| Time: 00:59 EST/05:59 GMT | News Source: TechCrunch | Posted By: Kenneth van Surksum | ||
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Wallop, previously a semi-forgotton Microsoft Research sandbox social network and photo sharing project, was spun off into a new, independent, venture backed business earlier this year (details here). Wallop is launching a semi-public beta. Wallop is a Flash based social network that will compete with Myspace, Facebook and others. It includes free unlimited storage for people to upload photos, videos and music. Unlike the other social networks, Wallop CEO Karl Jacob says he has no plans to ever put advertising on the site. It just lessens the user experience, he says. Instead, Wallop wants a piece of the $3 trillion per year U.S. market for self expression items (clothes, furniture, beauty supplies, etc.). As sites like Cyworld have shown, people are willing to spend money for online expression items, too (Cyworld brings in a reported $300,000 per day in microtransactions to its users). | ||
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