GiftXchange.com Finds Home For Errant Gifts

You know that awkward feeling when your grandmother finally gives you that
Sony PlayStation you wanted so badly a year ago for Christmas, but had to
buy it yourself because you couldn’t wait? Its casts the much desired gift
in a uncompromising light of futility. What do you need two PlayStations
for?

Kill the chagrin. Send your browser searching online for GiftXchange.com, a new
person-to-person online gift exchange community.

The GiftXchange is a place where people may get rid of all the things they
don’t want or need — be it is for Christmas, birthdays or any holiday. And it
is free. However, clients must pay shipping costs.

Run buy Munich’s Burda New Media GmbH, it operates on a similar premise to
eBay (EBAY)
or priceline.com’s (PCLN)
impending “YardSale,” but people exchange only items — not money.

“The point of our existence is to enable people to unload their least
favorite presents and exchange them for the things they really
want — and to have fun whilst they’re doing it,” said Imdat Solak, one of
the founders of GiftXchange.com. “On the other hand, we
could be providing people with the platform for the largest book, music and
video exchange in the world.”

Gifts currently offered include Stephen King’s “Hearts in Atlantis,” a Palm
Pilot IIIx, a Nokia cell phone and various software programs.