Well there are so many of us who are used to retweeting on twitter without once thinking about the profit. So here’s where the Whuffie Bank steps in … finally a bank which wants to reward people for their contributions to the web. The Whuffie Bank is a non profit organization which is located in Buenos Aires, Argentina which was inspired by the Creative Common.

It aims to reward the users of sites by a certain Karma-like currency. It will keep track of the users activities through out the web including all the posts and the comments so on and so forth. So the more the user contributes to the web the more whuffies he gains. However whenever the user does something which is detrimental to the web his whuffies get reduced.

Well how does one use it?? The user just needs to enter his name on twitter and then his whuffies collection is displayed in front of him along with a graph which shows the progress made by the user. It makes use of an algorithm which takes into account the ‘public endorsements’ or the no. of times a post is liked on facebook or any other positive activity which the user participates in. This surely doesn’t mean that one can go on accumulating wealth by liking many unnecessary posts. There is also an active system which keeps a track of whatever the user is doing and only if it’s beneficial will the user be paid.

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