Another Social Network - Can it work?

It seems that the internet has really come into its own over the past year - almost everyone now has a Facebook profile, a MySpace page or a Twitter stream. People are using the web more and more to connect with one another and are harnessing its power both in business and in their personal lives.

Breaking into the social networking arena with a view to make a significant impact is a tough assignment! A new kid on the block however aims to make its mark!

Welcome Vyoom - a social networking site with a difference!

What makes this different is their promise to reward users with prizes for activity. I do hope that their financial modelling allows for substantial growth - if not, I am not sure they will be able to sustain their giving of prizes to their users.

Let's see what happens!