virtapay.com

Wed, Sep 28 – Premium Membership Preview

Posted on September 27, 2011 by VirtaPay

VirtaPay is nearly a year old now and we are happy to announce that we will soon be ready to open the VirtaPay currency to be used by all sorts of new outside web services. In preparation for this we will soon make Premium membership available to VirtaPay users who are interested.

What is Premium Membership?

Premium membership is for VirtaPay users who want to earn long-term profits from VirtaPay. These profits will come from the launch of new web services based on the VirtaPay currency, and also from the many new users that will be drawn to VirtaPay as these new services are created.

Premium membership benefits include…

• Ad Sharing. Ad Sharing will soon be only for Premium members. Important note: Everyone who has already activated Ad Sharing, will be automatically upgraded to full Premium membership!
• API Affiliate. When VirtaPay launches the new API, Premium members will be our affiliates for the API licenses. As an affiliate, you could earn US$50 per month (or more) for each API license sale you refer. Read below to learn more about the coming API.
• Increased VP$. Premium members will get an increased allowance of VP$ each day (the exact amount is not yet determined). This will allow you to buy more goods and services with the VirtaPay currency. Once the new services based on the API become available, you will have even more options and ways to spend or exchange your VP$.
• Upgrades for Sellers. If you sell digital goods on VirtaPay, as a Premium member, you will get a special icon next to your listings to show buyers you are a Premium member. In addition, as a Premium member, your item selling limit will be increased.
• And More… We are still working out the final details of the Premium membership, and because of that, there are a few exciting benefits coming for Premium members that we haven’t mentioned. We will give you more details in an upcoming blog post.

What is the API?

The launch of our upcoming API (Application Programming Interface) will allow the independent creation of web services that use the VirtaPay currency. Up until now our services have been limited to only those created by VirtaPay. Once the new API is ready, anyone will be able to develop web services based on the VirtaPay currency.

This will allow individuals and businesses to create a range of new services that use the VirtaPay currency, giving our users many more choices in how to spend and use their VirtaPay account balance.

Here are a few ideas of web services that could be built using the coming API…

• GPT websites. Also known as get-paid-to, these sites could pay their members automatically in VP$ for performing tasks online. Examples may include reading email, filling out surveys, visiting websites, etc.
• Currency exchanges. Yes, we are planning to remove the restriction on currency exchanges and allow the open exchange of VP$ into and out of any other currency, virtual or physical. We expect there will be several services that come online using the API to provide currency exchange.
• Marketplaces. We expect some people will surely use the API to create web services allowing people to buy and sell items using VP$. We will remove the restriction on physical items, so these marketplaces may allow you to buy and sell items both digital and physical.
• Mobile payment apps. Some developers may choose to create mobile payment apps that allow you to easily send VirtaPay payments with your mobile phone. This could make it more attractive for local sellers to accept VP$ as payment.
• In-game currency. The API will allow online game developers to use VP$ as a currency in their games. This could allow users to earn VP$ within a game and spend it to buy items within the game.

There are countless ways the VirtaPay API could be used for web services, the examples above are just a starting point. Do you have ideas for the API? We will ask for more ideas in an upcoming survey of VirtaPay users.

Get In Now, More Details Soon

If you want to lock in Premium membership right now, sign up for Ad Sharing. As mentioned above, everyone who has activated Ad Sharing will be automatically upgraded to full Premium membership when it becomes available.

We’ll have more details on the API and Premium membership soon.