Friendster To Add Virtual Currencies

Friendster may be seeing users go to Facebook in its home base of Southeast Asia, but it is making a good move toward making more money. The social network says its going to start selling virtual goods, partnering with the payment provider MOL AccessPortal Berhad to introduce two currencies, dubbed “Friendster Coins” and “Friendster Chips,” for its upcoming Friendster Wallet platform.

Earlier this month, the company said its future included social games; although it previously was focused on making money through ads, virtual goods have proven to be a viable business model.

Most of Friendster’s Southeastern Asian audience does not actually have a credit card.

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