I owe you $20.53… and I’m borrowing discs 1 and 2 of “Invader Zim.”
We’re proud to introduce a whole new side to BillMonk: the lending library. Skip the headache of remembering who has your stuff and which stuff you’re borrowing. Just sign in, click on “check-out,” and tell us the thing you’re lending and to whom. When you look to see where you stand with your friends, checked-out stuff shows up along with monetary debts.
As your stuff is checked-out and returned, your personal collection grows. What makes the library so powerful is that people can choose to share their collections with friends. Want to read a new book, play a different video game, or watch a movie? Browse your friends’ stuff! People who know each other form ad-hoc community lending libraries.
Adding items to your library is easy. You can either search for it in Amazon.com’s catalog or you can describe it yourself. The nice thing about adding items via Amazon is that you get lots of additional information like CD track listings, a product description, and more.
What if something is lost or never returned? No problem, you can sell it as a BillMonk debt!
When we first launched BillMonk, our goal was make borrowing and lending money between friends easy. But we realized, why stop at money? BillMonk’s goal should be to make all borrowing between friends easy. For this reason, we now offer two closely related features, BillMonk Money and BillMonk Library, together on the BillMonk site.
The BillMonk Library has been a fairly covert operation since it so radically changes the look and purpose of BillMonk. It also required a bit more work and caffeine than we anticipated, but we’re well pleased with the results.
That said, the library is new and very much in beta. We will continue to hammer it into shape in the weeks to come. Some of the additional features we are considering include:
- Product search
- Post comment about your stuff
- Cell phone SMS library interface
- Check-out and add items on the go
- About to buy something? Search to see if a friend already has it
- Item picture upload
As always, we prioritize based on your feedback. It’s great when you tell us what you need – in fact, the reason the library happened is that so many of you asked for it.
The BillMonk Library does not diminish the importance of BillMonk Money. Of all our tasks, the #1 priority is providing online payments.