So, I have apparently succumbed to the latest “social game” that is the ever growing stock market and self-promotion engine of "Empire Avenue”; the place to go to invest in just about anything or anyone from Ford & BMW through to little old me. (Go and invest, you know it’s worth it!)
To those who don’t know: Empire Avenue allows you to create yourself in a stock market-type environment where you can invest fictional currency (eaves) in other users. You can also pay real money for more “eaves” but you can’t turn them back into real money. In order to increase your value you can hook up your other services including Twitter, YouTube, Facebook, LinkedIn, and even your blog with any activity being picked up by Empire Avenue and making you a potentially more attractive investment for others.
There’s a lot more to it that that, but as I’m not an expert I will leave you to explore yourself…
My question is “where’s this all going?” – you can’t turn “eaves” back into real money, and there’s no extra real-life kudos to be had for being CEO in your index either. At time of writing I’m Senior Manager on the Technology index, in case you were wondering.
At least with other “social games”, like Foursquare, there are real-life incentives for playing; like coffee and pizza. At the moment Empire Avenue is holding my attention because it’s new and exciting but apart from being a massive time suck, it’s not offering me very much.
I recently attended a talk on the gamification of websites; that is to say the application of gaming mechanics to a website in order to make it more appealing to users. The big message to come out of it was that users lose interest pretty quickly if there’s no real-life payoff for their efforts.
So, what would I like to see?
- Loans – the ability to loan eaves in order to make more investments.
- Banks – the ability to loan others your eaves at different rates of interest.
- The ability to go bust – so you lent some dodgy Sheikh all your eaves and now he’s disappeared… didn’t you check his…
- Credit history – have I been a good social citizen and paid back my (e)10,000 loan?
Perhaps those ideas are utterly unworkable – perhaps not. What is true is that if Empire Avenue doesn’t do something to keep me interested soon, I might take my “eaves” elsewhere…


