“Foursquaropoly,” which is currently in development, provides you with $100,000 of in-game cash that you can use to purchase real-world properties you have checked into on Foursquare, as long as another player does not already own that building. You can then charge other players rent as they check-in to that location and increase your bank balance so you can extend your property portfolio.
The more popular a place is on Foursquare, the more it costs to purchase it on “Foursquaropoly.” Every week, you will have to pay the bills on properties you have purchased to ensure you do not lose them. You can sell your properties (for a loss) if you are unable to pay your bills. The app will let you manage all of the properties you have purchased and use your in-game earnings to buy more buildings. You can also see your friends’ earnings and the highest earners within your city.
It sounds pretty cool and it seems a lot like a real-life version of Monopoly. Foursquare, of course, has its own gaming mechanics (badges, points and mayorships), but this concept brings a whole different style of gameplay to the location-based service. There’s a lot of potential to monetize the game too, with plenty of scope for advertisers to get involved and the “Foursquaropoly” team to allow users to buy in-game cash.
While this seems like a similar concept to “MyTown,” “Foursquaropoly” will be able to build on Foursquare’s existing user base of more than 10 million people and perhaps grow brand awareness.
It has no release date set, but here’s hoping that “Foursquaropoly” is released soon. In the meantime, here’s a video that explains the game in a little more detail.
[h/t About Foursquare]