SLW Direct Income Payment Policy is cancelled.
SLW is actually not a bank or doing no banking business. SLW is mainly doing private estates business.
But the direct income payment policy was about paying monthly interest rates to the top 10 SLW shareholders.
And because of LL's new policy:
http://blog.secondlife.com/2008/01/08/new-policy-regarding-in-world-banks/
We are cancelling SLW Direct Income Payment Policy.
We see this new LL policy as a BIG step to a robust virtual economy. We believe that this new policy won't damage Second Life economy. On the contrary it will bring new regulations with it to have a more robust virtual economy.
Thank You
SLW CEO
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