New Online Business Network Allows People To Trade In Favors

San Francisco-based start-up Favo.rs launched last week, offering an online marketplace where people can connect with and build relationships with business contacts. Users can request and provide help, negotiating with others for professional favors.

When you join the site, you can provide your profiles from social networks like Twitter, LinkedIn and Facebook, but you can interact with other members whether or not you’re connected to them.

Requests for help can be anything from a retweet to an introduction and they are tracked to reveal who you help and who helps you the most, causing users’ visibility within the network to rise. They gain a reputation by earning points for helping others and can achieve different status levels: rookie, participant, advocate and benefactor.

There is a recommended user list that lets people easily find others to follow based on their industry, location, common connections in social networks, and social network influence. A relationship tracking feature shows users who helped them the most and who they helped the most in the past 30 days.

Favo.rs