hi5 Gets Virtual with SmallWorlds Partnership

hi5 manages to keep our attention lately, with all the product roll outs the social network has, geared directly towards its Game channel and virtual goods-based economy. The latest to team up with hi5 is SmallWorlds, the 3D virtual community that launched last year.

The SmallWorlds integration with hi5’s Game channel is pretty seamless, as SmallWorlds already took advantage of several social media services for building out its own feature set. Incorporating things like YouTube video channels and other media consumption options, the virtual world is one of the more robust offerings out there.
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Will hi5 Virtual Goods be the Real Billion Dollar Idea?

hi5 entered into the virtual currency space late last year, and it seemed like an all around good move for the social network. Having now delved into the world of virtual gifting, enabling easier virtual exchange was achieved by the offering of hi5 Coins, which can be applied to a great number of things representing supply and demand through the network in this sense. So where does that leave hi5 in the grand scheme of social networks? VentureBeat seems to think that virtual gifting could be he jackpot for hi5.
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