Weblo
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Weblo was a website on which users were able to purchase and trade imaginary online ownership of states, countries, and individual street addresses. The website was accused of being a pyramid scheme.
Weblo was a website on which users were able to purchase and trade imaginary online ownership of states, countries, and individual street addresses. The website was accused of being a pyramid scheme.
History
The website was launched in September 2006 by Rocky Mirza. In 2006, the company filed a patent for "virtual property trading". In July 2007, the company raised $3.3 million from VantagePoint Venture Partners.
References
Text derived from https://en.wikipedia.org/w/index.php?oldid=1376119346 under CC BY-SA 4.0; modifications have been made.