Weblo Another Second Life for Property?

Weblo may be hoping to leverage the popularity of Second Life's virtual real estate market.  Just as Bill Gross had to convince the web industry that buying ad space online was like buying a page in the big Yellow book, someone's going to have to explain why virtual property, in this fashion, is valuable at all. 
With Weblo you can buy a replica of a city landmark or register an address as we Weblo property.  The fact that the Empire State Building replica was purchased for $1 and sold for $250 doesn't even begin to exemplify the implications of Weblo's potential.  The replica state of New York was bought for nearly $20,000, and a listing for the Louvre is priced at $300k. 

So how does it work?  The same way a domain name works on the web.  Think of each replica as a tourist location.  If you're on the Internet seeking information on the sites you'd like to see once you get to Paris, what better than a replica of its most famous museum?  See pictures, get info on the current exhibits, find nearby hotels and maybe even buy tickets.  I'm not saying that all this can currently be done on Weblo, but you get the idea.  Weblo properties are ad supported. So the more people you get to visit your site, the more ad revenue you've generated.  And as the governor of a state, you get to collect "taxes" based on that revenue. 



So you're thinking, Weblo properties are digital replicas.  They can be recreated and placed elsewhere.  True, but the value lies in how each replica can be monetized.  It's an intriguing concept that is taking over Second Life, and maybe Weblo too.  I gotta admit, the Weblo site isn't the most interesting.  While you can add discussions, comments, images and videos to any Weblo property site, the user interface could use an overhaul.  Once they've added a way to increase visitor value to their properties, everyone could make more money with Weblo--including Weblo.

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