Pyramids continued: Weblo, become a virtual governor
Yesterday, we wrote about the latest wave of Internet pyramid schemes.
We failed to mention Montreal’s Weblo, a company that sells you virtual domain names, so you can buy www.LosAngeles.com for a few bucks (even though the domain is owned by someone else on the real Web), pretend you own that city, and then begin selling off towers and other properties in that city to the greater fool who comes along to bid on it. It boasts… Continue Reading