Second Life Linden Dollars

The use of Second Life Linden Dollars is one of the elements that makes Second Life (SL) different from other online gaming worlds. SL Residents can exchange real US dollars for them. And a large part of the ‘game’ aspect in Second Life is tied in with the economic success of the players, who create and sell various goods and services which can be purchased in the Second Life Marketplace

The Second Life Marketplace

The SL Marketplace caters to both consumers and business-minded Residents. Want a new wardrobe for your Avatar? Go shopping for everything from slinky lingerie to stiletto-heeled boots, blue jeans to elegant ball gowns. How about some new body parts? Buy green eyes or tattooed skin, furry tails or feathered wings. Furnish an in-world house, buy a car, and throw a catered party complete with a virtual band, at prices ranging from one to more than five thousand Second Life Linden Dollars.

Second Life Business

The Marketplace is also where you can buy a franchise or join an affiliate program to make some economic progress. There are also seminars and training systems available for sale that teach how to run the in-world business. Photography and modeling are popular SL professions, and there are a number of pre-packaged photo studio businesses available for sale. Everything that real-life businesses might use – from business cards to display racks, from office space to office furniture – is available in virtual form.

Second Life Private Islands and Parcel Sales

Virtual real estate, for residential and commercial use, is the big-ticket item in Second Life. Shopping centers, sky boxes (which are homes that hang in the virtual air), private islands, homesteads and full regions can all be bought, developed and sold again for a profit – just like in the real world. These transactions are for serious Residents who are willing to pay an upgraded monthly membership fee, along with the monthly rent for owning in-world property. Although the virtual transactions are made in Linden Dollars, the profits can be significant. Residents who own or are thinking about buying and developing SL land can learn about the process and get answers to their questions by reading the ‘Buying Land’ section on the SL website

The Second Life Economy

The financial health of Second Life is important enough that there are Quarterly Reports written and published about the activity of Second Life Linden Dollars. They are published in the ‘Featured News’ section of the blog, and can be found by simply searching on the term ‘economy’. The reports include data about the numbers of SL registrations, users, repeat log-ins, user hours, world size, the $L (Linden Dollar) average exchange rate, money supply and activity on the LindEx (where US dollars and Linden dollars are exchanged).

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