Can Hi-5 Stand Up to MySpace?

Hi-5 is a new up and coming social networking website that may have MySpace a little worried. Hi-5 is among the top 15 "most trafficked-sites on the web" and it's no lie. The Yahoo page viewer service shows substantial search hits and more are visiting hi-5 every day and hi-5 already hosts over 60 million registered users that stretch all across the world. MDV-Mohr Davidow Ventures, an investment firm from Silicon-Valley, recently expressed a $20 million interest in hi-5 and with that money, the website intends to grow bigger than ever. But you get down to it, is Hi-5 just a spin off of other successful on-line communities like MySpace or Facebook?

At first glance the answer appears to be yes. Even the initial home page shows top hi-5 bands, new videos and other options in a similar set-up as MySpace. But to be fair, there are a few interesting aspects with hi-5 that help set it apart. For instance, Hi-5 offers it's website 10 different languages to help promote more multi-cultural communication. Hi-5 offers not just music or video searches, but college and school searches for students too. Hi-5 is doing so well across the world, it's in the top 10 of websites in 25 or more countries.