I'd like to announce that MetaCo.in
is launching in a little under one week. MetaCoin is going to be a group buying site in the vein of Groupon, Living Social, and other similar sites. MetaCoin will focus on Bitcoin accepting businesses. Some are bitcoin businesses you've already grown to love, some are businesses that may be new to you.
If you're not familiar with how this works, it's like this. A business will offer a ridiculously good deal, like 40% off some item or something like a 1.5 bitcoin voucher for only 1 bitcoin. The business sets a minimum number of purchases and then as long as that many deals have been bought, the deal goes through. Should the deal fail, the individuals who had purchased it get their bitcoins refunded (to the address of their choice) or can opt for MetaCo.in credits.
We're going to be doing promotions all week
leading up to our first deal (next Saturday). The first promotion is for anyone who goes to MetaCo.in and signs up for updates. You can sign up with your email or you can click on the link to our twitter account
. On Monday night we'll choose 4 random people (2 from email, 2 from twitter followers) and ship them a bitQuarter each. We'd like to offer more, but I sense a market rebound on Monday.
So stay tuned for more promotions and the best deals you've seen in the bitcoin universe.