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Social networking is one of the great phenomena of Web 2.0. MyThings is a service that aims at creating an online portfolio of treasured belongings. The site offers you an easy-to-use place to catalog your belongings and track them online. The site has got $8 million from Carmel Ventures and Accel Partners in May 2006 and the funding shows.

Once you sign up, you get access to range of services including valuation, recovery after theft and insurance. You can put the items in the database in the customary web manner using the tags and pictures. The listed members can take a valuation for the item, buy the items warranty, purchase insurance, sell the item on eBay and even donate am item to a noble cause. The huge database comprises items, which are reported ‘lost and stolen’ from the world of art, antiques and collectibles.

All in all, MyThings offers an online community for materialists.

Via: TechCrunch