August 25, 2009

Solving Entrecard Inflation

I received an email from Entrecard dot com just this afternoon informing me that they have explored many other options to deflate the credit economy and they have found this route to be the easiest and fairest way to resolve the problem for the time being. While this may seem like a set back, it has its advantages. In the long run, the prices to advertise on blogs will decline making advertising more affordable. Sounds cool right?

They have noticed that the total number of Entrecard credits in the system has grown rapidly. This has been due to the fact that more credits are being created than credits are leaving the system. If this inflation continues, Entrecard credits will be worth less and less. To ensure a stable credit economy and reduce the outstanding credits, Entrecard will no longer give Entrecard credits to the person receiving a drop. In other words, instead of awarding 2 credits for each drop (one to the dropper and one to the blog site owner), only 1 credit will be given to the dropper. This change will be effective September 1, 2009 and will last until further notice.

Hope to have a healthy Entrecard credit economy!

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