Posts Tagged "Linden"

Virtual Currency Exchanges

virtual currency exchanges

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Welcome to Virtual Currency Exchanges. Virtual Currency Exchanges is your source of information on the emerging world of virtual currencies.  Already, an economy is blooming in virtual reality – where real hard currencies are being spent. As more and more people spend their time online in virtual worlds – economic transactions will also take place. Virtual currency exchanges will cover news items and other resources to track this growing phenomenon. The virtual world will never replace the physical world, that is until full imersive virtual reality develops…

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Linden Lab is the producer of Second Life, an online world with a growing population of subscribers (or “residents”); currently, the community has well over 240,000 residents from 100+ countries. By providing residents with robust building and scripting tools, Linden Lab enables them to create a vast array of in-world objects, installations and programs. Since its early stages, Linden Lab has allowed its residents to retain full IP rights over their own creations, thereby insuring that their contributions to the community remain truly their own.

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O’Reilly Webcast: Virtual Currency in One Hour

OreillyMedia asked:


Second Life’s virtual economy has a GDP of 500 million US Dollars all enabled by the Linden DOLLAR. In this interactive session, Chief Product officer Tom Hale covers the basics of the Second Life economy, explores the dynamics of managing a virtual currency, and shares some of the insights about consumer behavior as it relates to virtual goods.

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