Solvster is one of the most unique online earning sites I've ever used. Essentially, the site allows businesses, consumers, and anyone with a good idea to come together and share. There are three main sections to the site: TrendQuest (which is about business trends, product innovation, etc), IdeaQuest (where businesses directly solicit ideas from people), and ShopQuest (which allows users to "invest" in ideas and profit if their chosen idea is selected). It's like three sites in one because the sections are so different. TrendQuest resembles a discussion forum where ideas and opinions are exchanged, IdeaQuest is something like a written proposal to a company concerning a specific business idea or plan, and ShopQuest is like a virtual "idea market" where good ideas are traded like stocks. Though each section is unique, they all are basically concerned with ideas -- that is Solvster's bread and butter.
Solvster is really cool and innovative...I would even go so far as to say it offers us a glimpse of the future. However, can you make money with it today? For now, the site is still under development and opportunities to earn are limited; it's very "green" to say the least. While the site is in beta, only the specific activities mentioned on the beta page will earn you real money. Even as it is, though, the site has a functioning "currency" of sorts called shells. You can earn 1,000 shells for many of your activities, such as commenting in TrendQuest. You can in turn use these shells to invest in ideas in ShopQuest and make money if you invest in the winning idea. If you submit a winning idea in IdeaQuest, you can also receive a cash reward. Eventually, shells will be able to be converted to euros at a rate of 1,000 shells to 0.05 euros so I suppose that will offer an alternative to investing in ShopQuest for those that want sure money.
What I am most intrigued by is what Solvster might become in the future. Even now, there are some quite interesting projects you can complete, but if more companies start using the platform to get customer feedback and solicit ideas Solvster will become a very happening place! Because the site is small, joining now will allow you to get used to the site, perhaps submit a winning idea or two, or possibly even win a contest (there's currently an iPad up for grabs!). It's not the best site for instant money if that's what you're looking for, but it has tremendous potential...I'm glad to be a part of it relatively early on in its evolution.
Wednesday, April 14, 2010
Solvster Is Hungry for Ideas
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