It had to happen. Get you very own virtual credit card for use in Second Life. The new MetaCard only works on Linden Dollars but the application is an easy one….no credit checks!
Welcome to the WSE, a virtual World Stock Exchange for trading, investing, IPOs and much more.
EVE Online Appoints In-World Economist
Coming in late July or August the Joint Economic Committee (Congress) will be issuing their report on the possible taxing of virtual world economics. Rumor is that committee members privately say they are not looking to tax the gamers. Let’s hope so!
Here is a great new web business is named Sparter where anyone can buy or sell their virtual game currency at free market prices.
Entropia Universe just issued 5 virtual bank licenses which combine financial services from the virtual game world and real world banking type business. So, when does ‘virtual’ banking fall under the category of a Money Service Business…..its very hard to tell after learning of this mashup between virtual game currency and cash.
Virtual Digital Currency is some crazy new stuff. There is a bit of a legal battle brewing now over the Linden Dollar and Second Life’s virtual casinos.
Rapid growth and strong financial backing as the Peer-to-Peer market for RMT trading debuts
eBay puts the brakes on virtual products auctions, but Second Life products are exempt and shall remain OK.
New Financial Services Developing Around Virtual Game Currency.
Digital Currency, e-Currency and Digital Money
Written by Benson Koh [email], and Donna Jackson [email] for b5media.
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