Posted by Carlos on September 16, 2009 ·
RackUp is a new start up that was presented at the TechCrunch50 conference. It aims to disrupt the $100 billion gift card market by venturing into the online auction platform.
The auctions work on the principle of who bids first, and if a person bids first and loads of people come later, his particular bid would have more value. The idea seems to be [...]