Facebook offering rewards to developers creating innovative applications
September 18th, 2007 Leave a comment Visited 40 times, 1 so far today
Facebook offering cash to developers creating innovative applications
Online social networking service Facebook has announced that they are now offering awards up to $250,000 to developers who can code applications on their platform which can make them even more attractive to online web users.
These incentives are being offered as part of the $10 million fund financed by Accel Partners and The Founders Fund.
They would be giving grants ranging from $25,000 to $250,000 to developers coding for their Facebook platform.
This means that coders now have a great opportunity to code interesting applications for Facebook. They were already gaining revenues from advertising inside their applications on the service.
Facebook however still is a smaller player in this segment of the market compared to MySpace.com which is owned by News Corp.
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