eBookFling, the new social networking sharing site for eBooks, launches officially next week. The company sent out an e-mail this afternoon announcing its full launch.
From the e-mail: “The new eBook Fling will spring into full operation next week. That’s right– free ebook swapping will be available to all in just four+ days. We’ll alert you the nanosecond that we open our doors.”
BookSwim announced the new site at the end of January. It lets users earn credits by sharing their Nook and Kindle eBooks and then use those credits to borrow other people’s eBooks.
Lenders earn 1 credit for every 5 books they list and 1 credit for every title they end up lending out. Borrowers pay a credit for each loan. Borrowers can create a queue of books they’d like to borrow and lenders will be e-mailed or sent a text message when a borrower picks a title they are offering.
A lender can then accept the loan through Amazon or Barnes & Noble. eBookFling verifies the transaction and lets the borrower know that their book is ready for download and charges the borrower and credits the lender. The borrower has two weeks to read the content when it is automatically returned to the owner.