I was reminded at the Web 3.0 and Social Media Conference today about Facebook credits. With over 500 million users, Facebook has an opportunity to create a global currency unlike any other. Credits can be earnt via marketing incentives (playing games etc) and ‘gift cards’ can be given to ‘friends’. FB credits can be purchased at 7-Eleven stores, via mobile phone and PayPal, amongst others. Find out more here: http://www.facebook.com/credits/
I wonder what the tax office thinks of this? Or the Reserve Bank?
