I just read in the August 2006 Business 2.0 magazine about Cyworld, the Korean version of Myspace. 90% of all Koreans in their 20's are registered users of Cyworld! That's 18 million users, out of a South Korean population of 48 million.
Cyworld is a social network including 3-D rooms and avatars. $300,000 a day is being made by the web site! Guess how? Users purchase virtual items to decorate their home-pages and mini-rooms. They can choose from tens of thousands of digital items such as furniture, appliances, stereo sets, household plants, and even background music -- each purchased for less than $1 apiece.
If you are feeling a bit left out, wondering why the Koreans get to have all the fun ... never fear, Cyworld has been recently marketed for a U.S. audience.
Gaston is a tiny town just a few miles down the road from Taylor University. This week a Gaston teenager made the news in connection with a recent spat of interstate sniper shootings. Myspace became part of the investigation as reported by Keith Roysdon of the Muncie Star:
You've finally figured out how to open & send attachments, create distribution lists, file your messages, protect yourself (sort of) from spam, and now this ...
From Associated Press, July 24, 2006 --






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