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Subject: UKNM: Globally redeemable prizes
From: Nick Horley
Date: Fri, 30 Jun 2000 20:09:02 +0100

Say you want to hold a prize draw for a global subscriber base of web users.
You could offer a cash prize in a universally known currency - say US
dollars - then arrange to send a cheque to the winner in a currency of their
choice. A hassle.

Or you could offer beenz, which are theoretically redeemable globally, at a
wide range of e-tail sites. But buying a thousand dollar's worth of spending
power from Beenz would cost me TWO thousand dollars. Not attractive.

Any other ideas?

Regards,

Nick Horley


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