Second Life Forums Archive

Cory Linden

Linden Lab Employee

Join date: 19 Nov 2002

Posts: 173

12-09-2003 21:48

L$ are not going away and will continue to be the primary means of in-world exchange in Second Life. Some users will choose to accumulate them and some will not, in exactly the same way as it is today.

What are L$ good for in 1.2? Beyond exchange, there will be ways to turn L$ into real-world money. If you don't like that, you can use L$ to pay for additional land. Still not happy? Use L$ to secure space on the new simulator opening up so that you have the best view!

Tiger Crossing

The Prim Maker

Join date: 18 Aug 2003

Posts: 1,560

12-09-2003 22:03

Just one new sim?

_____________________

~ Tiger Crossing
~ (Nonsanity)

Alondria LeFay

Registered User

Join date: 2 May 2003

Posts: 725

12-09-2003 22:05

Do you have any prospectives of what sort of exchange rate this would be? I mean, I knwo the details may not be worked out, but would be speaking $1000 for a 1024 plot, or $10,000 or $100,000?

Relee Baysklef

Irresistable Squirrel

Join date: 18 Sep 2003

Posts: 360

12-09-2003 22:08

What I'd like to know is how the RL Cash is going to be dished out.

As I understand it, it depends on dwell, but how much is given to each person?

And how IS the money given to the person? I want a cheque or money order mailed to me, my account is on someone else's credit card.

And what if the highest dwell is on group owned land? Like DarkLife must be accumulating helladwell but I guess nobody gets the irl money for it?

Come on Lindens, we need INFO! Feed the Need!

Oz Spade

ReadsNoPostLongerThanHand

Join date: 23 Sep 2003

Posts: 2,708

12-09-2003 22:10

So you could buy and pay for extra land with L$ instead of US$?

Or is that just "Buy" and then you still have to pay the taxes on it through US$?

_____________________

"Don't anticipate outcome," the man said. "Await the unfolding of events. Remain in the moment." - Konrad

Cory Linden

Linden Lab Employee

Join date: 19 Nov 2002

Posts: 173

12-09-2003 22:14

Tiger> Oops, how about "the next new sim"?

Alondria> The rights to get land on the next new sim will often be auctioned, so there won't be a fixed exchange rate. Instead it will depend upon the demand for those spots.

Relee> We've announced dwell and auctions so far. I think that money will be a check. Groups will be handled correctly.

Oz> There will be ways to offset monthly land charges with L$. After all, if we're going to give away real-world money it isn't really any different to reduce or eliminate monthly charges.

Misnomer Jones

3 is the magic number

Join date: 27 Jan 2003

Posts: 1,800

12-09-2003 22:23

From: someone

Use L$ to secure space on the new simulator opening up so that you have the best view!

huh? I thought land wasnt going to be purchased via L$ anymore.

I'm so confused.

_____________________

Oz Spade

ReadsNoPostLongerThanHand

Join date: 23 Sep 2003

Posts: 2,708

12-09-2003 22:27

Ok, excuse me if this seems kinda stupid, but I just want to make sure I'm understanding it right.

So if I baught more land that goes over the free limit alloted to what I'm paying for subscription, I could pay for the tax on it completely in Linden $'s instead of US$?

Meaning I wouldn't have to pay out ANY extra US$ for the extra land.

_____________________

"Don't anticipate outcome," the man said. "Await the unfolding of events. Remain in the moment." - Konrad

Cory Linden

Linden Lab Employee

Join date: 19 Nov 2002

Posts: 173

12-09-2003 22:35

Oz,
The specifics of using L$ to offset monthly land use fees in 1.2 isn't finalized yet. It is likely to be somewhat like the current scheme, i.e. to offset large amounts of land you need to be earning a fair amount of L$.

Misnomer,
1.2's basic system is that you pay US$ for land above and beyond your allocation. However, as has been suggested in the forums, much like using L$ to get US$ there will be ways to use L$ to offset land use fees.

Cory

Relee Baysklef

Irresistable Squirrel

Join date: 18 Sep 2003

Posts: 360

12-10-2003 08:11

Ahh, someone brought up a good question in the big holy thread, but it kinda got lost and I'd like to ask it here.

Will we no longer be penalized for building tall/flying structures?

If not, I might just build Kami's Lookout in Sage.

Cory Linden

Linden Lab Employee

Join date: 19 Nov 2002

Posts: 173

12-10-2003 08:15

As of right now in 1.2, tall structures aren't more expensive.

Welcome to the Second Life Forums Archive

Uses for L$

Uses for L$
Cory Linden Linden Lab Employee Join date: 19 Nov 2002 Posts: 173	12-09-2003 21:48 L$ are not going away and will continue to be the primary means of in-world exchange in Second Life. Some users will choose to accumulate them and some will not, in exactly the same way as it is today. What are L$ good for in 1.2? Beyond exchange, there will be ways to turn L$ into real-world money. If you don't like that, you can use L$ to pay for additional land. Still not happy? Use L$ to secure space on the new simulator opening up so that you have the best view!
Tiger Crossing The Prim Maker Join date: 18 Aug 2003 Posts: 1,560	12-09-2003 22:03 Just one new sim? _____________________ ~ Tiger Crossing ~ (Nonsanity)
Alondria LeFay Registered User Join date: 2 May 2003 Posts: 725	12-09-2003 22:05 Do you have any prospectives of what sort of exchange rate this would be? I mean, I knwo the details may not be worked out, but would be speaking $1000 for a 1024 plot, or $10,000 or $100,000?
Relee Baysklef Irresistable Squirrel Join date: 18 Sep 2003 Posts: 360	12-09-2003 22:08 What I'd like to know is how the RL Cash is going to be dished out. As I understand it, it depends on dwell, but how much is given to each person? And how IS the money given to the person? I want a cheque or money order mailed to me, my account is on someone else's credit card. And what if the highest dwell is on group owned land? Like DarkLife must be accumulating helladwell but I guess nobody gets the irl money for it? Come on Lindens, we need INFO! Feed the Need!
Oz Spade ReadsNoPostLongerThanHand Join date: 23 Sep 2003 Posts: 2,708	12-09-2003 22:10 So you could buy and pay for extra land with L$ instead of US$? Or is that just "Buy" and then you still have to pay the taxes on it through US$? _____________________ "Don't anticipate outcome," the man said. "Await the unfolding of events. Remain in the moment." - Konrad
Cory Linden Linden Lab Employee Join date: 19 Nov 2002 Posts: 173	12-09-2003 22:14 Tiger> Oops, how about "the next new sim"? Alondria> The rights to get land on the next new sim will often be auctioned, so there won't be a fixed exchange rate. Instead it will depend upon the demand for those spots. Relee> We've announced dwell and auctions so far. I think that money will be a check. Groups will be handled correctly. Oz> There will be ways to offset monthly land charges with L$. After all, if we're going to give away real-world money it isn't really any different to reduce or eliminate monthly charges.
Misnomer Jones 3 is the magic number Join date: 27 Jan 2003 Posts: 1,800	12-09-2003 22:23 From: someone Use L$ to secure space on the new simulator opening up so that you have the best view! huh? I thought land wasnt going to be purchased via L$ anymore. I'm so confused. _____________________
Oz Spade ReadsNoPostLongerThanHand Join date: 23 Sep 2003 Posts: 2,708	12-09-2003 22:27 Ok, excuse me if this seems kinda stupid, but I just want to make sure I'm understanding it right. So if I baught more land that goes over the free limit alloted to what I'm paying for subscription, I could pay for the tax on it completely in Linden $'s instead of US$? Meaning I wouldn't have to pay out ANY extra US$ for the extra land. _____________________ "Don't anticipate outcome," the man said. "Await the unfolding of events. Remain in the moment." - Konrad
Cory Linden Linden Lab Employee Join date: 19 Nov 2002 Posts: 173	12-09-2003 22:35 Oz, The specifics of using L$ to offset monthly land use fees in 1.2 isn't finalized yet. It is likely to be somewhat like the current scheme, i.e. to offset large amounts of land you need to be earning a fair amount of L$. Misnomer, 1.2's basic system is that you pay US$ for land above and beyond your allocation. However, as has been suggested in the forums, much like using L$ to get US$ there will be ways to use L$ to offset land use fees. Cory
Relee Baysklef Irresistable Squirrel Join date: 18 Sep 2003 Posts: 360	12-10-2003 08:11 Ahh, someone brought up a good question in the big holy thread, but it kinda got lost and I'd like to ask it here. Will we no longer be penalized for building tall/flying structures? If not, I might just build Kami's Lookout in Sage.
Cory Linden Linden Lab Employee Join date: 19 Nov 2002 Posts: 173	12-10-2003 08:15 As of right now in 1.2, tall structures aren't more expensive.