Weblo was a website on which users were able to purchase and trade imaginary online ownership of states, countries, and individual street addresses. The website was accused of being a pyramid scheme.
History The website was launched in September 2006 by Rocky Mirza.
In 2006, the company filed a patent for "virtual property trading".
In July 2007, the company raised $3.3 million from VantagePoint Venture Partners.
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