So, MySpace has decided to join the social network development community. While other social networks, like Facebook, have introduced their developer platforms over the past months, MySpace seems to have been sitting on the sidelines taking notes from the field. According to Mashable, they’ll be addressing some of the problems associated with social network development platforms such as privacy, monetization and data ownership. These issues have been obstacles, especially in the case of Facebook. User experience will be top priority, while developers will be probably be enabled to monetize their applications through some sort of shared revenue program.

MySpace applications should be embeddable on other sites, and will support Google Open Social from the very beginning. The official opening is on February 5, but you can pre-register now (requires MySpace login).

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