Well it seems the eBay has decided to ban auctions of virtual goods, which puts the kibosh on the next Million Dollar Home Page. Any internet entrepreneur worth his salt must be jumping for joy as this cuts eBay out of a burgeoning market as more and more people are auctioning their domain names, pod casts, web advertising, pixels, software rights, publishing rights etc.
I can understand why eBay is doing it, it’s got deep pockets and is fodder for any would be litigator. However I give it less than a week before we see a slew of sites hitting the nets trying to capitalize on this new gap in service capabilities.
The Web 2.0 movement, thankfully, has lost much of its hotness and most people are recognizing that it existed somewhere between what was described by whack jobs and skeptics. This is mainly due to the fact that the average consumer is still pretty happy with eBay and Amazon, and swapping a sluggish interface for a snazzy one didn’t compel people to learn new stuff - especially when the merchandise isn’t any cheaper.
So, anyone with a reversed engineered eBay out there?