MaxNet Launches "Big-Auction" Site
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"Our plans include a mail in bid as well as a posting capability, a link into our upcoming phonebook (Webphonebook) where a user can send an item directly to (other) users that subscribe to that user's Internet presence, and auctioneer channels where an individual user can prospect for a vertical market within the user and visitor base and send rich media ads directly to them," said Michael Marsowicz, MXNT's chief technical officer.
MXNT's Big-Auction is being constructed as a business community interwoven with retail channels and vertical advertising models.
"MXNT looked closely at Egghead, OnSale and Ebay and admitted that they developed amazing systems yet still lacked a simplistic interface and Streaming Media," said I. Goldreich, COO of MXNT. "We believe that our business model will offer something to the entire Internet community."