The Internet 6/14/2007 8:45:00 AM
News / Business

Virtual Bangkok Sells for $1859 Dollars

Weblo.com Ignites Digital Land Rush in Asia

The worldwide land grab has shifted to Asia as people rush to purchase states and cities at Weblo.com. Weblo is the only parallel universe based on real properties, cities and states. Weblo has sparked a virtual real estate boom. California sold for $53,000 U.S., Florida sold for $18,047 and now the Bangkok Metropolitan Area has sold for $1859 in real money. 

Major cites and properties around the world have sold and resold for profit.  The virtual mayor of Seattle sold his city for $2000 after buying it for $40 from Weblo.  The virtual Empire State Building, originally purchased for one dollar resold for $250.  Members flip virtual properties for profit just like in the real world. 

“It’s like Monopoly on steroids.  Every property, city and state from the real world is for sale at Weblo.com,” says Rocky Mirza, CEO and co-founder of Weblo.com.  “This is social networking with commerce, where members finally get paid for their popularity.  Before Weblo.com only website founders and shareholders profited.”

Weblo.com has been compared to Second Life but that game is based on the sale of fantasy islands. Weblo is the only virtual world where every real city, state and property is for sale.
 
Members attract traffic to their Weblo.com websites with compelling content including photo galleries, forums, polls and videos.  Members profit from hits and advertising revenue generated from their sites.  City and State owners earn a percentage of all transactions within their territories. 

Influential Investors
Weblo.com is backed by Internet and social networking visionaries including Richard Rosenblatt the co-founder, chairman and CEO of Demand Media and the former Chairman of MySpace.com and CEO of parent company Intermix; Fred Harman, the managing partner of Oak Investment; Matt Hill, the chairman and founder of eForce Media; and William Woodward, the managing director and founder of Anthem Venture Partners.

About Weblo.com
Weblo.com is the premiere member-rated social networking website for localized, relevant content about the real world. Content includes video, audio, images, text and everything in your head. Members have fun and make money as they create sites, trade assets and rate each other while connecting to family, friends and communities around the world. Members earn real money via advertising click through and selling or auctioning assets for a profit.  Headquartered in Montreal, Weblo.com was co-founded by Chief Executive Officer Rocky Mirza. To learn more about the experience, visit www.weblo.com.


Weblo.com is a registered trademark of Weblo.com Inc. Other product or service names mentioned herein may be the trademarks of their respective owners.

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For More Information, please contact:
Weblo.com
Colin Trethewey: (514) 364-3636 ext. 405; colin.trethewey@weblo.com