Archive for 'Virtual Business, Finance and Economics'
Let the Island Wars Begin
by Dow Jonas No sooner did Linden Lab put an island + frills up for sale on eBay (apparently to show Project Entropia they ain’t all that), but now Anshe Chung has raised the stakes, challenging with an island of her own for sale on eBay, and she has sweetened the pot with additional perks. [...]
Full StoryEntropia Envy Leads to Island Auction with Frills Attached.
Thanks to Zero Grace/Rat Boy/Tony Walsh for this pointer. I’ve often wondered if it didn’t chafe Philip’s behind to see the eminently lame Project Entropia score big publicity for its island auctions. I guess it did, because now LL is gunning for similar publicity (and observe: we enable them in the enterprise!). Here is the [...]
Full StoryEXTRA! EXTRA! BARONS LOSE BIG WITH TELEHUB REMOVALS; ANSHE STARTS CASH OUT
All that’s left of a once busy SL Telehub by Dow Jonas In a move that is likely to cause profound economic and social changes to Second Life, Linden Lab announced last week in the official Linden forums that it will be enabling the platform for point-to-point teleporting (p2p) and removing telehubs, the main portals [...]
Full StoryEVE Extra: Deep-Space Outpost Goes Public in $8,100 Deal
It’s no mistake that EVE Online‘s player organizations are known as corporations. Though Second Life has seen a number of start-ups that have required resident stakeholding and investment, a recent IPO by EVE corp Interstellar Starbase Syndicate has set a new mark for virtual-world business dealings, having raised 36 billion in InterStellar Kredits, the equivalent [...]
Full StoryAnshe Declares War on Ginko: “It”s a Ponzi Scheme!” (Lindens block discussion. Transparency is first casualty.)
SL Power Player and Business Girl, Anshe Chung By Dow Jonas A fierce debate about trust in financial institutions is rocking the business community of SL, pitting SL’s largest land baron, Anshe Chung, said to own SL properties valued at U.S. $200,000,against Nicholas Portocarrero, SL’s largest savings and investment bank owner, reportedly holding more than [...]
Full StoryLindentown Provokes Land Baron Outcry: Stop GOMing us!!!
by Dow Jonas Sim crashes and texture upload failures, “I see grey people” and frozen avatars – all the joys of the new Second Life software update 1.7 and its patchlets have played havoc on SL’s volatile land market in recent weeks as both would-be first-land stakers and land dealers give up when they can’t [...]
Full StoryCamping Chairs: Slowly But Surely, SL Catches up to TSO
Uri and Prok earning big bucks doing what they do best: nothing! Ever so slowly Second Life is becoming more like TSO. We’ve had the mafias. We’ve had the gnome building tables. But now we can make bucks just by sitting in a chair and doing nothing. It’s a win win situation. Noobs get paid [...]
Full StoryVirtual Market Matters: Cyberland Steady; Is Ginko in Trouble?
By Dow Jonas Since the demise of the well-liked independent Linden currency exchange Gaming Open Market, Second Life’s land and content markets as well as its fledgling financial institutions have taken a beating. With the month-long ramp-up time of the LindEx, Linden Lab’s own currency exchange, which still has a hefty fee and slow manual [...]
Full StoryTimes Uber-Reporter at it Again! Wallace Dishes on the Virtual Vacation that is SL
Forget about Plamegate, Harriet Miers, the war, and the next hurricane. The big news in today’s New York Times is clearly the story by Mark Wallace, discussing virtual travel, but with a big emphasis on Second Life. But the big dish in here is the news that former Post Six Girl Diamond Hope – the [...]
Full StoryCo-Opting the Contraband in EVE Online
As EVE Online‘s pod pilots know, not everything you can fit in your ship’s cargo hold is equally pleasing to the NPC authorities who keep a watchful eye on Empire space. Drugs like Drop and Frentix, radioactive goods like plutonium, forbidden icons like Khumaak, and even the ectoplasm used to make the viscous suspension liquid [...]
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