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The Metaverse Journal

The Metaverse Journal

Virtual Worlds Since 2006

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Business

Forrester to business: ignore virtual worlds at your peril

January 12, 2008 by Metaverse Journal Editor Leave a Comment

Well known technology and market research company Forrester have released a paper titled 'Getting Real Work Done In Virtual Worlds'. If you've got a spare $249.00 (US) you can read the full report, but otherwise you'll have to be happy with the executive summary supplied. Although far from a new claim, the key one in the summary is that "within five years, the 3-D Internet … [Read more...] about Forrester to business: ignore virtual worlds at your peril

World Stock Exchange faces an uncertain future

January 9, 2008 by Metaverse Journal Editor Leave a Comment

After today's arguably overdue intervention by Linden Lab in regard to virtual banking in Second Life, I dropped by the World Stock Exchange to see what was going on. There was only one other person wandering around and a very short notice from WSE about Linden Lab's announcement. The notecard states: "LL has introduced a new policy on banks. The FAQ says that stock … [Read more...] about World Stock Exchange faces an uncertain future

Virtual banking – Linden Lab intervenes

January 9, 2008 by Metaverse Journal Editor Leave a Comment

Linden Lab today announced that any virtual banking facilities offering interest on Linden dollars deposited would now be banned. Initial reaction from a significant number of residents falls into the 'about time' category but like the July 2007 gambling ban the impact on the Second Life economy will be enormous. I'd be surprised if any of the financial providers are able to … [Read more...] about Virtual banking – Linden Lab intervenes

WSE closed for up to a month – strange or not?

January 5, 2008 by Metaverse Journal Editor Leave a Comment

Over on Your2ndPlace, Nobody Fugazi has done a story on Second Life's World Stock Exchange (WSE) and its announcement of an up to 30-day closure. I headed over to WSE myself and sure enough was greeted with this: Auto Greeter: Hello. Lowell Cremorne Welcome to the WSE. As you all know we are upgrading as part of our launch for the WSE 4.0 platform. This is a huge … [Read more...] about WSE closed for up to a month – strange or not?

Linden Lab issues further warning on virtual currency trading

January 3, 2008 by Metaverse Journal Editor Leave a Comment

In a Linden blog post today, a further warning has been given on use of third-party Linden dollar trading sites. It's all pretty much common sense - if it looks to good to be true it probably is and if you're asked for your password by a provider then let the alarm bells start ringing. The introduction of a system of registration to provide alternate currency exchange … [Read more...] about Linden Lab issues further warning on virtual currency trading

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