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Webware 100 winner: Hi5

Webware 100 winner: Hi5

Category: Social & Publishing

Hi5 is a popular social network, and one of the most trafficked sites on the Web. Like other popular social networks, users have profiles where they can post photos and tidbits of information, as well as keep track of what friends are up to. The service also has an application platform that lets third-party developers build Web apps that users can add to their Hi5 dashboard and profile pages.

Hi5 was one of the first social networks to have its own virtual currency. Users can purchase these "Hi5 coins" with real money, then use them inside of the service for various premium items. Other social networks began to offer this later on, including Facebook.

Hi5 continues to be one of the most popular social networks with more than 60 million active users, with a reported 80 percent of those coming from outside of the U.S.