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Think Big. Move Fast.

Great post from Dana Boyd about the new digital gifts that Facebook released recently. After ranting randomly about rampant commercialism, she gets to the good stuff; analyzing gift giving dynamics (self worth, scarcity, levels of value, reciprocity, importance of timing) and how Facebook’s release measures up to that (spoiler – not very well). Well worth reading.

Hotornot.com were probably the first in the US to experiment with digital gifting, James Hong also blogged about it recently in context of the LiveJournal release of digital flowers.

Update: Read James Hong’s reactions to Dana’s post here