California-based Faketown is a 6-year old "social game" that quietly relaunched in mid-August, although they've yet to announce the change publicly. The site centers around a virtual chat room, and allows users to create, buy, sell, trade and share virtual products, services and real estate - it's broadly similar to Habbo Hotel, Cyworld and Gaia Online, but with much more freedom to develop your own content. And as it happens, it's also very, very cool.
In terms of features, Faketown is impressive. In fact, it's just plain cool. The only drawback is that they haven't reached critical mass yet: the most populated rooms only have 3 or 4 users. They claim to have more than 500,000 members, but clearly they're going to need a lot more Fakers online to realize the site's full potential.
See also: Habbo Hotel's Funding, IMVU, Cyworld US, Meez and Sitepal.
Hey Faketown Residents!
Feel free to add the user "Mashable" to your Faketown friends.
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