Entrecard is no longer for sale which is good news for all of us Yayyy! but take note of the additional rules below and please read carefully as you may be violating the terms of agreement and wouldnt want to risk another deletion sigh hehehe.In order to continue operating in the long-term, Entrecard needs make some significant changes. These are summarized below:
- Buy credits for less: Entrecard is now selling 1,000 credits for $6.00.
- More pricing increments: Instead of prices doubling every time, there are now a few more steps. The new price points can be found on the Advertising page in the wiki.
- Members are not allowed to sell credits: This goes for ebay sales, posts in the Marketing forum, and posts on other forums. If you have references on your site to the sale of credits, please remove them immediately, as it is now against our terms.
- Credit transfer limits: Members are allowed to make a maximum of 14 credit transfers a week, up to a maximum of 1,000 credits, whichever comes first. This means you can still run contests where you give credits away for free, and under 1k per week. Note: This does not affect linked blogs, you can transfer unlimited credits between linked blogs.
- Transfer tax: From now on, all transfers, including transfers made with our new payments API, will be taxed at a rate of 12.5%. The taxed credits will be sold to members (see #1).
- Blogs cannot be unlinked: Once you link a blog, it’s there for good unless you ask us to delete the blog from your account. This prevents linking/unlinking to get around the credit transfer limits, and it also stops you losing access to a blog if you unlink it in error, which happens a lot.
- No more coupons: You are no longer allowed to send coupons.
- Shop closed: Except for Entrecard upgrades (Featured Status, Fast Pass) the Entrecard Shop is now offline until further notice. Please do not request a seller token until the shop returns. When it comes back, it will be bigger and better. We’ll communicate more details nearer the time.
***Here are some Updates and responses that Graham has made:
Graham Says:We'll update this continually once more input and data has been obtained but for now hope this helps a lot of us with similar questions as to where is Entrecard going with all this and the question of those with huge contests.
One thing at a time. We do hope to soon be able to provide selling EC from the dashboard, in a real supply and demand market, but we need to move towards it with a sustainable model first. This is the first step.Please understand that our long term goals are a healthy economy with a middle class. That means we want you actually making money off your credits. but, at the same time, we need to figure out effective ways to thwart the credit farmers out there.
Naturally, this should help with the splog/credit farm problem, because there is no longer a financial incentive to farm credits. once we roll out the free market exchange for credits, that incentive will be there again, and we need to figure creative ways to curb credit farmers and gamers. it is our long term goal, but we need to do it right.
as for daily drops, we may lower it, we may keep it the same. I’m in favor of lowering it but I need more input from people.
EntreBlast - So Graham, how can one achieve this ‘elevated status’? I just finished off a 37,000 EC contest and I’m planning to do another one, and more after that as long as I’m here.
It will involve some sort of inspection, to see where your credits came from, some sort of planning so we know the exact day you’re giving them away, some sort of accountability -that you’ve been active in the community and we know who you are vs. someone who just shows up today with a million credits suspiciously and wants to hold a “contest”
So once we have some firm ground rules in place, the huge contests can continue because we do not want to see the contest culture of Entrecard die!