Ad offer network gWallet announced today that it has served over 1.7 million hours of video in the three months since it launched the feature in early January. Since most of the ad spots gWallet serves are usually between 30 seconds and 1 minute long, that means gWallet has served millions of videos to users [...]
Geocities founder David Bohnett has invested $250,000 in seed funds for gay social network Fabulis, according to statements made by Fabulis founder and CEO Jason Goldberg to Venture Beat. This investment brings the company's total up to $825,000. Bohnett chose to invest in the site after using it himself. Fabulis's business model is built around [...]
Virtual clothing design studio FashionPlaytes has partnered with SecretBuilders to allow users to purchase real-world versions of clothes they've designed in the virtual world. FashionPlaytes targets girls 5 to 12, who will have to register for SecretBuilders in order to purchase physical copies of their virtual designs. The partnership also calls for FashionPlaytes to incorporate [...]
Augmented reality firm Total Immersion has teamed with Olympus and Boston-based marketing agency Mullen to create the world's first augmented reality product demo. The project is a browser-based augmented reality application that lets users interact with and use a virtual model of the Olympus PEN E-PL1 micro SLR camera. The demo is meant to convey [...]
Location-based social service Foursquare has closed its long-rumored round of Series B funding at $20 million, led by Andreessen Horowitz with participation from Union Square Ventures and O'Reilly AlphaTech Ventures. Foursquare CEO Dennis Crowley says his company will use the new funds to build up its product team, move into new offices, and continue to [...]
Developer Visual Inspirations has launched a new 3D virtual world builder called FriendsHangout. The builder is designed to let anyone create a fully-functional virtual world space, rather than just rooms or houses. FriendsHangout uses the Unity engine and is completely browser-based. It will also use Darwin Dimensions's Evolver avatar software. Visual Inspirations promises that FriendsHangout [...]
Credit company Visa is launching a new microtransaction payment service called payclick. The service is designed to let Visa users buy virtual goods without having to share their personal credit card information. The service will support recurring transactions like subscription payments as well as one-time microtransaction purchases, too. Visa is advertising the service as something [...]
The online payment service Plimus is launching a microtransaction API designed to help users of online games purchase virtual goods. The API's name is Buy Anywhere and it is intended to be integrated directly into games for in-app payments. Plimus's service is intended for the social, casual, and MMO online game segments. Plimus has a [...]
CrowdStar has entered a five-year deal with Facebook that would see Facebook Credits remain the company's cash-based virtual currency in all of its games, which include Happy Aquarium, Hello City, Zoo Paradise, Happy Pets, and Happy Island. CrowdStar says that since the company went exclusively to Facebook Credits in December 2009, revenue has increased by [...]
Bigpoint.com has announced that developer Schell Games will use Exit Games's Photon Network Engine in development of its upcoming branded MMO based on 'The Mummy' series of films. Photon will deliver the game's online features, with the 3D modeling being handled by the Unity Engine. dtsv.dtse_post_2051_permalink = ‘http://www.engagedigital.com/blog/2010/06/29/bigpoint-to-use-photon-network-engine-for-the-mummy-mmo/’; dtsv.dtse_post_2051_title = ‘Bigpoint To Use Photon Network [...]
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