Tuesday, January 8, 2008
History
HistoryThe earliest trading site known to the internet (Not including sites such as eBay that accept cash transactions for all goods) appears to be Game Trading Zone. The domain name ugtz.com was registered in the summer of 1998, followed by the implementation of an independent database in the spring of 1999. This database also helped traders by showing them a list of potential trades, saving them a great deal of time in finding trades. In an effort to generate some income, 1999 also introduced advertisements, subscriptions, and an affiliate marketing program to the site. Another popular trading community, Switchouse, popularized the online activity. When Switchouse went bankrupt, Amazon.com bought the name and directed all traffic to the Amazon site.
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