Digg Clone Launches With Focus on Finance

Today sees the launch of Tip’d, a Diggalike that focuses purely on Commodities, Economy, Personal Finance, Stocks and Tech.

Tip’d works in the same way as Digg. Users hit "Tip it" on stories that they like and those that garner enough votes make it to the Tip’d homepage, a place where Wall Street and Main Street financial and economic enthusiasts hang out.

This launch of this site just so happens to coincide with the worst financial crisis since the Great Depression. In a time when everyone is panicking about mortgages, bail out plans and lending, having an aggregate for financial or economic news is a definitely a way to make money when there’s none to be found anywhere else — as well as keeping the general public informed on important national and international financial developments.

That said, given the effects of said financial crisis, we get the feeling Tip’d could be the most depressing news site going. News about the global economic crisis is everywhere as it is. However, it’s not all bad. Now that it’s almost a given that your site have some sort of social networking aspect, Tip’d is also a community where users can offer each other financial tips (geddit ?) and ideas. So there’s always a chance you’ll get some decent advice from the user base.

Current top stories on the homepage include, "Europe Formulates Sweeping Crisis Plan", "How Oversold Are We ?", "Let’s face it : We’re socialists ! Bank bailouts to proceed" and "Can the ’Funnest iPod Ever’ Take on Nintendo and Sony ?"

Check out Tip’d for your daily installment of recession, recession, recession, iPod.