Freelancer acquires limeexchange exclusive review

Limeexchange which was one of the top emerging freelance jobs sites has stopped its services from December 30th. It was one of the top websites that is competing with freelancer and elance to provide top freelance jobs for freelancers. Another interesting news isĀ  that now freelancer is going to acquire limeexchange and acquire all users in lime exchange. This may increase competition on elance, which is now the top freelance jobs sites in web today.

Limeexchange shutting down mail from admin

Here is the mail that is received from limeexchange to all its users

We regret to inform you that LimeExchange.com and all associated services will be shutting down effective on December 30, 2010.

LimeExchange will stop accepting new projects and user registrations effective immediately. If you already have any open projects you will need to complete them and withdraw your earnings from wallets on or before December 24, 2010, as we will no longer be able to support your projects after that date. Any funds remaining in wallets will be released to Buyers following the December 24, 2010 cessation of services. We strongly urge all buyers and service providers to continue to honor the project agreements they have made with each other even after we have ended the LimeExchange service.
To be clear, all LimeExchange services (including the Affiliate Program) will cease operation on December 30, 2010. Please feel free to reach us at Support@limeExchange.com for any help regarding withdrawals, escrows , project status and payments.
We recommend you to add LimeExchange <siteservices@limeexchange.com> to Safe Senders list in your email account. This will ensure that all the e-mails from LimeExchange.com land in your inbox and you will not miss on the important updates.
If you have any questions or you need any assistance, please feel free to email us at support@limeexchange.com If you prefer direct dialogue with us, please mention your contact number and the preferred time of contact in the email. We will call you as per your convenience.
Regards,
The LimeExchange Team
http://www.limeexchange.com

After this every body thought about what exactly is the reason that the fast developing limeexchange. May be due to its higher prices, no facilities for advertisers. But when the time has come when limeexchange started developing, they are selling it for freelancer. Harsh but for emerging freelancers in limeexchange it is big disadvantage, all the experience in limeexchange is gone begging. It is to be seen how freelancer will manage freelancers from lime exchange. They are saying that exisiting users of limeexchange can use their logins for freelancer as well.

If you see some points below, it is advantage for freelancer and limeexchange and loss for freelancers and advertisers. All points that are acquired by advertisers are gone begging. Here is the press release link for limeexchange acquired by freelancer.

Limeexchange acuired by freelancer
Limeexchange acuired by freelancer

Lets see how freelancer will give ratings for freelancers from limeexchange and how their experience is giving consideration. Hope for the best