The Whuffie Bank is a nonprofit organization dedicated to build a new reputation currency that rewards people for their positive contributions to web.
What does the term Whuffie mean?
The term ‘Whuffie’ was coined by Cory Doctorow, a famous blogger and science fiction writer that used the term on his novel Down and Out in the Magic Kingdon. In this work, he refers to a reputation based currency under the name Whuffie.
Later on, this word was commonly used to refer to social capital, in the sense of a persons’ reputation or influence within a social network.
How is Whuffie calculated?
The value of your Whuffie is obtained from your online reputation by tracking your interactions with social networks and the feedback from your contacts.
How it Works ?
To get started you enter your Twitter username here (Facebook connect is also on the cards). The site displays how many Whuffies you have, along with a graph of your progress over time. The site ranks its users by Whuffies, in the hopes of helping surface the top users in different fields.
The algorithm takes into account the number of times a user’s tweets are retweeted, or a Facebook post is Liked. It also takes into account who is making the endorsement, and the content in the messages that are being posted.
Supported Social Networks
Currently they have started with the support for Twitter and plan to evolve on including Facebook, FriendFeed, Digg and any reputation driven interactive space online.
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