Kudos Coins Unites Rating and Payment Systems Into a Single Powerful Method of Exchanging Rewards
(PRWEB) February 20, 2010 -- Kudos Coins, a revolutionary new way to transmit money online while expressing approval or gratitude, is now available to the public.
With Kudos Coins, users may send rewards to anyone they please using a simple interface. The service can be accessed from any computer or web-capable mobile device. The user purchases the desired number of Kudos Coins and sends them to whomever he or she pleases. The recipient is then able not only to enjoy the esteem his or her work has earned, but also to redeem the coins for real money. Recipients may exchange one thousand Kudos Coins for one dollar (US).
Kudos Coins is primarily marketed toward social networking websites and owners of creative content published on the World Wide Web. The Coins provide customers a way to reward others for their services or creations. Content creators will find this a new and convenient way to earn support for their works. If, for example, a Kudos Coins account holder were to see a video he enjoyed on YouTube, he could express his approval by sending the video's creator a certain number of Coins, along with a personalized message of support. The coins are then transferred from the viewer's "Bucket" to the creator's.
Another feature of Kudos Coins is the "Leaky Bucket," which allows account holders to request information or services and set aside a selected sum of Kudos Coins to be transferred upon completion of the request. The "Kudos Maps" feature allows users to be notified when new offers are available near them. The "Linked Account" system permits Kudos Coins accounts to be linked with other social networking accounts.
Kudos Coins aims to integrate payment and social networking for the convenience and enjoyment of its users. In addition to the functions described above, the application may also be used as a voting or rating system, a means of spreading product awareness, or a way of collecting funds for charitable causes or group events.
Kudos Coins is currently capable of being embedded in any webpage, and accounts may be linked to accounts for a number of popular social networking, creative-content, or commercial websites, including AOL, Blogger, eBay, Facebook, Flickr, GMail, ICQ, MySpace, Slashdot, Twitter, Vimeo, Windows Live, and YouTube. Kudos Coins hopes to add accessibility to other sites in the future. The Kudos Coins application is indicated by a green "thumbs-up" symbol.
There is no charge to sign up for a Kudos Coins account or to send or receive money. A small fee is applied when purchasing or redeeming the Coins. A PayPal account is required to use the Kudos Coins system. The popular software index Softpedia has certified Kudos Coins' software to be free of any adware or spyware.
In conclusion, Kudos Coins is a powerful new tool in the rapidly expanding world of online social networking. It seeks to fill a gap in that market by providing web users with a simple and convenient way to express their support with an application which may be embedded in any website. Whether used for professional or personal purposes, Kudos Coins aims to give its customers a unique way to say "kudos" to anyone they wish.
About Kudos Coins:
Kudos Coins, a privately funded start-up located in Toronto, Ontario, was founded in 2009 by Canadian programmer Yonas Yanfa, a graduate of the Computer Science program at the University of Waterloo, one of Canada's premier high-tech universities, which has produced many other alumni notable for their achievements in various computer-related fields, including the founder of Research in Motion, creator of the BlackBerry. The product entered beta testing phase in November 2009.
The company seeks to make its services available to users on a global level, regardless of their economic circumstances.
More information on Kudos Coins, including frequently asked questions, terms of service, and fee information, may be found at www.kudoscoins.com.
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