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Win with Blingo search engine? What is this about?

I have recently come across this new "search tool". I say that loosely as it uses the Google search engine to provide search results. It looks like a normal search engine. It’s got a search field, a chance to search the web, images, and news (not yet active). However, the main concept behind Blingo is that you have a chance to win prizes (ex. Sony PlayStation Portable, Apple iPod, Portable DVD Player, Visa Gift Card, iTunes Gift Certificate, Movie Ticket) with every search.

I’m still not convinced whether I like this or not. It’s cool that they offer prizes for searching, but is it really necessary? And what are their motives behind this?  Do they collect data, and supply this data to advertisers? Or use it for some other means?

Here is how Blingo works:
  1. Blingo randomly seeds winning times into their system
  2. If you happen to search at the right time, you win. There is no registration required, except if you actually win.
  3. Tell Blingo where you live, or where to send your prize.

There have been over 15,584 winners since March 30, 2005 when they launched. There is a winner’s side bar on the site that gives the stats for winners for the day and over time as well. Pretty neat idea. Would just like more details on it though. Is there some kind of catch here?

The Alexa traffic rank for Blingo is 6,938, so they are getting some visitors.(Comparison - Traffic Rank for weblogsinc.com - 5,061, Google.com - 3, start.com - 13,890, yahoo.com - 1).

Does anyone have any experiences with using Blingo? Has anyone won? I currently have not found anyone that has actually had any experience with this browser. But with free giveaways, it could be a great spot for some E-Marketing, and Brand exposure.

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