Have you seen Lending Club's Facebook ap? Its like Propser or a micro-personal lending tree for Facebook. You would have thought that Pay Pal might have move into the personal loan business by now as well?
great idea from them but I am disgusted that its US only when Paypal is worldwide. Shame I had 2 killer apps but I guess I'll use google cart instead...
mark
· 2 years ago
Yeah, that sucks.
Phil
· 2 years ago
You should note that Paypal steals the app once they give it the "prize" by taking all ip rights immediately
Nic Franklin
· 2 years ago
"Contest" generally does not imply taking ownership. They are buying the application, and probably for a bargain basement price. A high quality paypal application (which implies it generates revenue) is most likely worth far more than $5-10K. But hey if they get entries good for them.
Michael Oldenburg
· 2 years ago
*An update from PayPal*
The official rules of the contest have been changed, allowing developers to keep ownership of their application. We made this change because of feedback from our developer community and because it was the right thing to do. It was never our intent to mislead or confuse our contest participants and we apologize for the miscommunication. Also, we've extended the contest another two weeks to August 24 to give everyone more time to build some really cool Facebook applications.
Note: if you've already viewed the official rules, you'll need to clear your browser's cache to see the new, more friendly, version.
Best of luck to everyone who participates in developing a fun Facebook/PayPal mashup application!
Michael Oldenburg PayPal Corporate Communications
dave mcclure
· 2 years ago
good move michael :)
intellectual property incentives should be aligned with developer community... paypal already monetizes any transactional activity anyway.
when we started the PayPal Developer Network back in 2001, that was an explicit point i always tried to make with the legal team. fortunately, they were open-minded enough to understand, and enabled us to do a lot of creative work with our developer community (& also Microsoft, Macromedia, Adobe, O'Reilly, and many other smaller folks). the result was we grew the universe of apps that integrated PayPal for payment & checkout, and created a richer environment [literally] for everyone.
since PayPal makes money on almost any activity using its APIs, makes a lot of sense to 'open source' the IP rights. hope you folks always keep that philosophy... it's a good one, and it breeds continued developer interest & innovation.
regards & keep on truckin',
- dave mcclure PayPal alumni ('01-'04)
Mat Clayton
· 2 years ago
Real Real shame this isnt an international competition, we are based in the UK and are about to launch a new paypal/facebook app, we are in final beta testing now. This would be the ideal way to try and launch the app, and Ive heard of several other apps coming out in this time frame which are ideal candidates.
Why have you closed the doors on any other countries, when facebook is such an inclusive international community. Surely this is shooting yourself in the foot somewhat? I know it may legally be easier, but the easy route isn't always the best!
Just my 2c. Mat
Makarios
· 2 years ago
Nice...
Charilaos
· 2 years ago
Nice
John
· 2 years ago
The new smartphone app is pretty sweet! Lets you create a playlist from any search term and you can listen to any song on mytuneslive.com
All Comments
http://www.lendingclub.com/
The official rules of the contest have been changed, allowing developers to keep ownership of their application. We made this change because of feedback from our developer community and because it was the right thing to do. It was never our intent to mislead or confuse our contest participants and we apologize for the miscommunication. Also, we've extended the contest another two weeks to August 24 to give everyone more time to build some really cool Facebook applications.
The updated contest site can be found here: https://www.paypal-promo.com/api/index.html
Note: if you've already viewed the official rules, you'll need to clear your browser's cache to see the new, more friendly, version.
Best of luck to everyone who participates in developing a fun Facebook/PayPal mashup application!
Michael Oldenburg
PayPal Corporate Communications
intellectual property incentives should be aligned with developer community... paypal already monetizes any transactional activity anyway.
when we started the PayPal Developer Network back in 2001, that was an explicit point i always tried to make with the legal team. fortunately, they were open-minded enough to understand, and enabled us to do a lot of creative work with our developer community (& also Microsoft, Macromedia, Adobe, O'Reilly, and many other smaller folks). the result was we grew the universe of apps that integrated PayPal for payment & checkout, and created a richer environment [literally] for everyone.
since PayPal makes money on almost any activity using its APIs, makes a lot of sense to 'open source' the IP rights. hope you folks always keep that philosophy... it's a good one, and it breeds continued developer interest & innovation.
regards & keep on truckin',
- dave mcclure
PayPal alumni ('01-'04)
Why have you closed the doors on any other countries, when facebook is such an inclusive international community. Surely this is shooting yourself in the foot somewhat? I know it may legally be easier, but the easy route isn't always the best!
Just my 2c.
Mat
http://apps.facebook.com/smartphone