Forum Currency

[Alex]

Does your forum have it's own money system and shop? This is something most if not all promotion forums seem to have, which makes sense with all the services being offered. But what about other types of forums? My forum is a gaming forum and we have a money system, we call our currency "FP$". It can be used for things like custom ranks and username changes, etc.

 

[Ash]

We have our own virtual currency and a shop to accompany that. I think it makes sense for Discussion Hub to have it since the aim of the forum is to give the users a little blast to the past where old forums had millions of different username styles, flashing animations etc. The users can spend their currency customising their profiles, buying stuff for their profiles etc.

 

[Jason]

Not at the moment, but I did have one for a previous web business Xenforo forum I had. I was using it so people could pay for forum posting packages. I called it biz something, I forgot.

 

[WebKitty]

I thought about doing this as I have had it on a forum in the past but I am just not sure it is worth it. Not for my main forum anyway. There is no way to incorporate it where it would make sense.

 

[Jason]

Forum currency can become quite worthless unless somebody is willing to trade it for real money or offer something of real value. Well, hosting might be something of real value. What are some other ideas?

 

[Busybee]

Giving rewards to your users is a good initiative. My site doesn't have any products or services on it. So, this reward system won't be applicable in my forum.

 

[BrolySSJ]

I think that having your own forum currency can be a very good thing and this is something that could grow with time as well. For example if you start off with it just as a forum currency and then you expand it and start to create that coin into a cryptocurrency and list it on exchanges it can help the value of your coin and the engagement of people in your currency as well.

 

[Kane]

Currently, I am running three forums and I have forum currencies only on one forum. I created a forum currency for this forum because I planned on creating peers to peers marketplace where users to use their self earned forum currency or purchased forum currency to buy prodicts and services. But I have not created a marketplace yet