This game, and yes you read right, uses real hard cold cash.
The property’s initial value is determined by a price index that takes into consideration the city or states real population and economy. It’s a game that anyone can participate in, have fun and even earn money. You can pick up some cities for as low as $10, buying a whole state in the US using real cash can cost you thousands. If you buy property on Weblo and follow their game plan, which involves “developing” your virtual site with relevant information to increase its value, it is possible to make money in a few ways. If you for example buy property in California, you can post maps as well as photos of famous landmarks such as Disney World or Hollywood etc. Showcasing and profiling the major attractions can increase the value of your property if you want to resell.
Weblo offers you paid incentive if you create a good showcase site. They will share ad revenue with owners who has a popular site. The more visitors that your site attracts, the more money you will earn. You can also resell the virtual property and site and make a profit. There is an example in the video of a Weblo member who originally bought Seattle for $40 and then resold it for $2,000.
Weblo.com has recently received $3.1 million in funding (yes, in real cash), from Vantage-Point Venture Partners. The fact that Weblo was even able to raise this additional funding from a venture capitalist firm states that they are on the right track and there is some substance to their idea.