The Blog Of Oussama Messaoud - Ways to make money online -

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This question crossed my mind few minutes ago when I was getting ready to get me a coffee and do some blogging. When I thought about it, I wondered how such an obvious question didn’t occur to me before. In fact, these little ECs are getting more and more interest throughout the blogosphere, and must have a certain value for bloggers. Contests are being ran to win a certain amount of ECs, shops are being open to sell services priced in ECs and the list is long. Moreover, I sometimes lack time to spend on dropping cards on other blogs and would love to just pay for a few ECs to be able to advertize on some entrecard widgets.

So before I ran and start writing, I wanted to know if anyone had the same curiosity before. I Googled the matter and came across the blog sitecash who asked the same question and came up with a great way to try and find an answer. He simply ran an ebay auction on 50 ECs. Now the auction is over and the winning bid is $1.25, making the tentative value (based on this experiment) of 1 EC : $0.025.

How accurate is this experiment?

Although the experiment was a great idea to get a first hand picture of the EC value, I don’t think an ebay auction is the best way to assess the real value of those credits. Especially if you know (based on what the blog sitecash is saying) that the auction didn’t get the expected attention.
Moreover, I think that the quantity of ECs (50) being put to auction isn’t attractive and gets less interest from tentative buyers. 50 credits can be won in a 15 minutes time, if you just drop 3 cards per minute. Without counting people dropping back. For this reason, I think that ECs have more value when sold in a bigger quantity. A quantity that needs a lot of time to get, and that can help you buy few ads on big blogs.

My own experiment

Considering what I mentionned above, I am tempted to run my own experiment. I created a poll (just below my EntreCard widget in the sidebar), to know how much you would pay for 1000 ECs. I will be running this poll until January 15th 31st, and will then publicize the results and try to see what this assessment method will teach us. I hope to see a lot of you answering so that we can get as accurate as possible. To enter your answer, you can choose either $0 (no value) or enter the value in the text area. If you are not sure about what value to give, you have the option too.

Let’s see what we can get.