Listia is an auction site that uses virtual credits instead of real money. It´s an easy way to get rid of stuff that you don´t want anymore and receive virtual credits. You can also find stuff for free. Listia offers brand new products and gift cards that you can bid using your credits. You can buy more credits if you need. (10 credits for $1).
Venture Slogan: Auctions for free stuff
Listia’s own description: “…Listia is an auction site where you bid on other people’s stuff with virtual credits instead of real money. We make it easy for users to get rid of stuff they don’t need anymore and find stuff they want for free. Every user gets 500 free credits (worth $50) on signup and you can buy more if needed (10 credits for $1). You bid credits for things you want. So each thing goes to the person who wants it most!…”