This one is about those female skins you can get for free at my place and the crazy economy of second life. Thought provoking situation is very simple: you can get four, well-made, full-permission, female skins for free. I got them, packed them and giving them away just as they came. Everybody I consulted agree that their market value is around 600L$ per makeup. And there are several makeups per box. All for free!  That is nice and that is where the problems start.

Putting quality full-permission skins for free on the grid could (and should) undersell lot of creators. Generally, that should be a good thing. Prices drop, quality raises. Residents should be glad. Bullshit! (more…)

As SLinsider informs us, there is something new which can be a great step in the functioning of the metaverse. Or it can be another fraud. MetaCard is the first credit card for the microcurrency of the second life. Hopefully, it will cover other microcurrencies when the time comes.

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Last week we talked a bit about OpenSim Project and about some of the good things that are expected to come with it. But not everything is easy in the quest of having the free grid. Beside technical issues there are some that cannot be done in code. In distributed system like this one is, question is who's gonna keep our treasure chests safe, and how we are going to carry them in our journeys.

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The first millionaire of virtual worlds, Anshe Chung, announced that she is about to make financial market which will connect three virtual worlds: Second Life, Entropia Universe and IMVU. According to press release

the new financial market will allow Second Life residents to invest their Linden DOLLARS (L$) directly in ventures such as banks, malls or biospheres in Entropia Universe while those who earned their fortunes in Entropia dollars will be able to easily diversify their investments into assets such as Second Life virtual land funds, virtual game development businesses or the IMVU fashion design industry. (more…)

Just yesterday Reuters published that Linden Lab called the FBI to check if everything is OK with in-world gambling:

"We have invited the FBI several times to take a look around in Second Life and raise any concerns they would like, and we know of at least one instance that Federal agents did look around in a virtual casino," said Ginsu Yoon, until recently Linden Lab's general counsel and currently vice president for business affairs. "We have specifically requested that a US Attorney give us guidance on virtual gaming activity in SL, but this hasn't resulted in clear rules yet."

Why would anybody call the feds to its own party? (more…)