TELEGRAPH.CO.UK -- Nov 17 -- New children's social network called Moshi Monsters launched in UK. Moshi Monster is a group of cute or scary monsters kids can adopt. Once a monster is adopted within the game, it's up to the user to nurture it and be responsible for its wellbeing, creating what the site's founder, Michael Acton Smith, hopes is an emotional connection between pet and user, reinforced as the monster develops throughout the game. In US, websites for pre-teens are growing faster than adult-orientated sites and the big money is indeed with this market. Neopets, social network where kids can adopt a virtual pets, was acquired by Viacom in 2005 for $160 million (L80 million) and Club Penguin's by Disney for $350 million (L175 million) in August. Other popular children's social networks are Imbee.com, Barbiegirls.com. FULL ARTICLE @ TELEGRAPH.CO.UK
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