20 minutes, the free newspaper has made its cover on Second Life.
The article is a full page in french about CASH made on second life. You have a small piece on the CopyBoot that created a riot inside the world. Read more about it on the blog of Nic. You also have an interview of Michel Gensollen, I like his view, he has written an essay called "Les communautés en ligne : échanges de fichiers, partage d’expériences et participations virtuelle" which is really smart.
But the all subject about SL is CASH ! ![]()
I don’t have all the time needed to explain my view on the SL’s economics, but I just want to sahre with you an experience I had in a previous comany called Beenz. Beenz was a reward point program back in the first bubble (they crashed quickly after). I’ve studied the beenz economy with an economist and here are our findings :
The more virtual cash you put in the system, the more transactions are accepted !
So just have more user get the paid option, so they receive Linden Dollar, the fastest you economy will grow (I do not mention incentive like invite a friend for 500L$). It could seems obvious but that says a lot about building an economy based on currency production. In other term it’s very similar to a bubble factory.
I have a lot more to say … but leweb3 is taking my time, would be happy to follow-on, so if you are interested, just leave a comment it will make a great incentive to accelerate the production of insights !









December 4th, 2006 at 11:37 am
I forgot the key stone : economy is about TRUST.
Trust = Number of transaction too.
That’s the reason why Copy boot is so dangerous.