Twollars is a web app that allows users to reward positive or inspiring tweets or to support a charity.

Features:

• web UI requires a Twitter username, but not password
• complete simple form to send Twollars
• account starts with 50 Twollar balance
• ability to track stats on Twollars sent and received

The Good:

Twollars is a novel way to give recognition to others for being helpful or inspiring on Twitter, or for supporting a charitable organization. At some point, users can convert Twollars to real dollars by way of donation.

The Not-so-Good:

We like the idea of Twollars, and couldn’t find any serious flaws. It is easy to use, and once it catches on could be a great tool for charitable causes.

Tweetwave.com rates it: ★★★