Mooch Takes Aim At GameStop With Video Game Swapping Market
Mooch is a new video game trading site looking to help users trade games directly with each other, allowing them to bypass middleman stores like GameStop and save money in the process. Depending on how new and popular the games being traded are, members can expect to save as much as $30 per trade, and simply have to mail their games to each other after establishing a trade on the site. Mooch uses an automated system to calculate the value of each game, taking into account factors including its lowest price on Amazon, how old it is, and how popular it as. Each game is assigned a point value (new games seem to be around 200-300 points each), and to trade for a game you need to offer something of the same value, or buy more points to match it. If you come up short you can buy extra points, but they don’t come cheap - they’re around $15 for 100, but the purpose of the service is to encourage trading games, not buying them through a roundabout method. At this point the market is nearly empty, and won’t become very useful until it can attract a sizable number of users (it’s the classic chicken-and-the-egg problem). To entice users, Mooch is totally free to use during its beta period, with plans to shift to a…
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