Elgg is an open source application for rolling out a social network. It installs like any Web-based software, but instead of a blog or a wiki, it gives you all the components of a social networking site -- your own MySpace! It's popular with educational institutes and used by several universities across the world, in addition to powering social networks of companies such as Swatch. The new Elgg 1.0, released last month, is modular in design, making it easier for developers to build social networks around the platform.
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