Can This Be True? You Decide...

LL will decide to abandon the land-based economy for a content-creative based economy where the builders, photographers, poets, painters, sculptors, writes, mystics, philosophers, social engineers, community-visionaries will prosper in dazzling brilliance and wealth!

Will Second Life be the world where today's rich can be tomorrow's paupers?

This seems to be total BS... Posted from Forums by Anshe Chung:
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I feel I have to correct this:

1. Any sim with 120 land owners would become lag nightmare with result that nobody wanted to live there.

2. Nobody pay $10 per month for 512sqm. This figure is nonsense.

3. You just assume that sims are always 100% sold out.

You also don't take into account transaction fees that are quite significant when dealing with things like PayPal.

Reality is more like this:

8 parcels of 8192sqm, 40$ each: 320 $
20% of land unsold: 0.8 * 320: 256$
minus 7% transaction fees: 238$
minus 10% costs for protected land, park sims on continent etc: 214$
minus 195$ tier fee: 19$

So instead of 1000$ revenue per month we quickly arrive at 19$ in one 80% sold out sim.

In one sim with 2048sqm parcels it would be 126$, but this means managing 32 land owners and hunting lag object day and night! Who wants do this for 4$ per day? And how many month to pay back 980$ purchase price of sim?

And did we discuss PayPal chargebacks, risk or tax yet?

Our business plan is based on at least 100 sims within next 12 months and land price that helps to offset initial investment in sims. It is also based on employee cost and tax conditions in China, where we plan to incorporate this summer. Being teacher I look forward to return to my hometown's foreign language university and train students, this time not in English language but in Second Life land management and "Ansheland" customer support

*********************************End Anshe Transmission********************

There is no way you are doing this for $19 USD per month. But thats just my gut... what do i know?

It sounds interesting, Merwan Marker, though unlikely. It would mean dropping all the old paradigms and starting from scratch. Not that that's a bad thing... The real question is: would it make any difference? Or would you end up with the same old crap dressed up in new lingo?

No. LL has already stated their position as far as the econonic conditions of SL are to be maintained. I will go back to the beginning when an extremely talented creator couldn't pay his monthly fee, so he stopped playing while his account was suspended. In order for him to "come back" in his account with all of his creations -- he needed to "back pay" the montlhly fees for his account -- so he simply left and went onto a new, creative environment. All the broo-ha-ha over a $45 payment, which he was using his Linden's sold on the GOM to pay for his land-tier costs. Unlike others who are still here who have, um, so unbusinesslike conveniently forgot to pick up their land won in auctions to the tune of $700+ in associated costs but who are still playing.

In order to create a metaverse, there has to be a combination of socializers, creators, land-owners, scripting, events, training, etc. to help stimulate the economy and allow it to grow and expand. It's one thing to have a dream, but it's another aspect entirely to take the dream (the metaverse), and make it come alive with proper management, organization, and marketing while allowing it to gel.

Well technicly, some do prosper. Just not as much as a Land Baron.

Evil Content Barons!

Well, Merwan, geez, where have you been? Are you having log-in problems? They already did this, and the disastrous results is what we see now. So we're waiting for them to get over themselves.

I know content creators that do VERY well here in SL. Better than the land barons.

Shhhhhhh Schwan, don't tell!

Well it depends on how you look at it. I know of alot of people who make alot of RL money as well, probably more than land barons. However judging by L$ account ballance, land barons are in the lead there.

So by RL cash outs, probably yes.
By L$ ballance, probably not.

The day that builders, photographers, poets, painters, writers, mystics, philosophers, social engineers, and community visionaries become the wealthy elites is the day they cease to be builders, photographers, poets, painters, writers, mystics, philosophers, social engineers, and community visionaries.

We must starve and trouble these types to squeeze the creativity out of them. And the people to do society this service, to harvest their creativity by making them miserable, are the ones who excell at doing nothing good, but doing it profitably: the business elite.

Naw, just kidding!

















...maybe....

Ahahah, that's more true than you know Seth!

Probably the greatest failing about wealth is that once we become secure our motivation to create becomes weakened.

Oz,

I think one reason for the disparity is that content creators do not need to keep large amounts of L$ in world. Given the fluctuations of the market, it is silly to keep it in SL if you don't need to. Land traders do need to be relatively liquid with L$ to buy land from other players as it arises. Additionally, when you intersperse things like currency exchanges, etc.. into the mix, there are reasons why those account balances are kept high. I don't think it reflects reality completely - the leader board is worthless to tell real economic conditions.

Agreed. I think you hit it exactly.