Posted on April 24, 2012 by @mqtodd

Each week Kelly Kim, Leo Wid and I bring you #Toolschat. #Toolschat is about 10 months old and keeps growing. It is easily the most interesting, active and informative Twitter chat out of 500 or so that regularly happen. If you are at all interested in the development of the internet and technology please join us. We have a buzzing group as well.

This week features Andrew Grill of Kred.

Kred is a tool that analyses, a tool that connects and brands people and also as a model that has unlimited potential as algorithms and the semantic web develop.

Kred shows exactly how your score breaks down. Every time that you tweet with someone, get a mention or otherwise interact, you’re given points that add to a total. That total is averaged across Kred’s network, and your Kred score is pulled by finding where you sit among that average. It’s a pretty straightforward deal.

With the addition of Facebook, Kred says that you’ll immediately start getting influence and outreach points for the Facebook actions that they create on the service. Though it’s worth noting that, with the nearly real-time scoring system, you’ll also see which actions don’t create points.

I am fascinated by the different points that interaction with different people brings me as well.

My score has risen considerably with the addition of my Facebook account and seems to keep rising a point or 2 a week.

Infographic is by Jamie Nanquil

Kred is developing communities and will of course eventually add other social networks to the mix. I love places like Kred. The score thing keeps me seeking improvement as I continue to bake more and more time each week.

The communities allow me to find exactly who I need to be connected with. The transparency that the Kred model operates is refreshing and a key to their success. It demonstrates how you get your score and view every retweet to see how many points it was worth. A normal retweet might be worth 10 points, but one from somebody with high Kred might be worth 50. Since Kred is calculating everyone’s scores in real time, it normalizes your score against the average.

One of the key things that Kred is doing well is social media. They are highly engaging and supportive both from @andrewgrill and from @kred which I understand is run by Shawn Roberts. Thanks for the tweets guys. Kred has also established a group of 24 key social media influencers called Kred Crew and are getting feedback and learning from them. I invited Andrew to #ttoolschat on the strength of his tweeting performance in another Twitter chat I was involved in recently. He really gets it. We are going to have a huge chat!

Posted by @mqtodd

Hi I am Michael. Why am I excited about Social Media? Everyone of us, by using the latest tools and strategies, can make a difference.Thank you for reading and sharing my posts