eBay rival (Wigix) launches

Wigix, the “Want It, Got It Exchange” was launched yesterday amidst online media frenzy. This seems the perfect opportunity to launch a rival to eBay, whilst sellers are disgruntled. Wigix may be tempting to sellers with its lower fees, feedback system and nicer interface however I doubt many sellers will move over until the number of buyers increases- it will be interesting to see how Wigix does over the next few months.