From this announcement:
/3/d8/53539/1.html#post564789
One of the options will be to receive your developer incentive payment in L$. Doesn't this put a defacto value on the L$ then? What exchange rate will they use?
These forums are CLOSED. Please visit the new forums HERE
Question about the developer incentives change |
|
Cristiano Midnight
Evil Snapshot Baron
![]() Join date: 17 May 2003
Posts: 8,616
|
07-12-2005 13:01
From this announcement:
/3/d8/53539/1.html#post564789 One of the options will be to receive your developer incentive payment in L$. Doesn't this put a defacto value on the L$ then? What exchange rate will they use? _____________________
Cristiano
ANOmations - huge selection of high quality, low priced animations all $100L or less. ~SLUniverse.com~ SL's oldest and largest community site, featuring Snapzilla image sharing, forums, and much more. ![]() |
Pendari Lorentz
Senior Member
Join date: 5 Sep 2003
Posts: 4,372
|
07-12-2005 13:06
I was actually about to ask the same question. Thanks for bringing this up Cris!
EDIT: Oh, I was also just curious in general what people thought of the changes? _____________________
*hugs everyone*
|
Beau Perkins
Second Life Resident.
![]() Join date: 25 Dec 2003
Posts: 1,061
|
07-12-2005 13:12
Is it still based soley on Dwell?
_____________________
|
Cristiano Midnight
Evil Snapshot Baron
![]() Join date: 17 May 2003
Posts: 8,616
|
07-12-2005 13:14
Is it still based soley on Dwell? Yes, it seems the only current changes are that you can't get a check any longer (only account credit), and this vague new L$ payment thing. _____________________
Cristiano
ANOmations - huge selection of high quality, low priced animations all $100L or less. ~SLUniverse.com~ SL's oldest and largest community site, featuring Snapzilla image sharing, forums, and much more. ![]() |
Foulcault Mechanique
Father Cheesemonkey
Join date: 28 Mar 2005
Posts: 557
|
07-12-2005 13:14
Personally I think it is a great idea. I always said that unless I made lots of money and just started to accumlate L$ in the 10,000+ range that I would always want to use L$ to pay for my tier. I'm not in it for the money but not having to deal with GOM, checks, IGE, etc makes anything alot nicer.
_____________________
Foulcault
"Keep telling yourself that and someday you just might believe it." "Every Technomage knows the 14 words that will make someone fall in love with you forever, but she only needed one. "Hello"" Galen from Babylon 5 Crusade I'm moving this over to Off-Topic for further Pez ruminations. |
Burke Prefect
Cafe Owner, Superhero
Join date: 29 Oct 2004
Posts: 2,785
|
07-12-2005 13:14
Can I get an incentive if I'm developing a large-scale warfare system and am actually comissioning code from other people? I don't any land yet, but I do plan to own tier in the near future if I can find some land at the right price.
|
Cristiano Midnight
Evil Snapshot Baron
![]() Join date: 17 May 2003
Posts: 8,616
|
07-12-2005 13:16
Can I get an incentive if I'm developing a large-scale warfare system and am actually comissioning code from other people? I don't any land yet, but I do plan to own tier in the near future if I can find some land at the right price. Yes, as the "developer" in developer incentive is used quite loosely. It is all based upon dwell. Presumably, if your game can attract enough dwell on your land, then you will be elligible. _____________________
Cristiano
ANOmations - huge selection of high quality, low priced animations all $100L or less. ~SLUniverse.com~ SL's oldest and largest community site, featuring Snapzilla image sharing, forums, and much more. ![]() |
Enabran Templar
Capitalist Pig
![]() Join date: 26 Aug 2004
Posts: 4,506
|
07-12-2005 13:20
Perhaps someone better-versed in accounting than myself can explain the potential benefits of offering account credits versus paying out cold hard cash, with regard to the health of Linden Lab's balance sheet. Does this make their books look healthier or their budgets appear more trim?
_____________________
Furthermore, as Second Life goes to the Metaverse, and this becomes an open platform, Linden Lab risks lawsuit in court and [attachment culling] will, I repeat WILL be reverse in court. Second Life Forums: Who needs Reason when you can use bold tags? |
blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
|
07-12-2005 13:22
It's probably like a 100 line perl program hitting a mysql database rather than having to mail out cheques every month.
Also, they have had a conversion value for quite a few months now, check out the economy page. http://secondlife.com/community/economy.php Though, you have to wonder how meaningless this makes their TOS. _____________________
Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper "Changing Realities: User Creation, Communication, and Innovation in Digital Worlds :
"User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches." |
Foulcault Mechanique
Father Cheesemonkey
Join date: 28 Mar 2005
Posts: 557
|
07-12-2005 13:24
Perhaps someone better-versed in accounting than myself can explain the potential benefits of offering account credits versus paying out cold hard cash, with regard to the health of Linden Lab's balance sheet. Does this make their books look healthier or their budgets appear more trim? Don't know about LL but the user I think would get tax help as it would not appear as a transaction so therefore no money switches hands. Kind of a "internal" transfer of money. _____________________
Foulcault
"Keep telling yourself that and someday you just might believe it." "Every Technomage knows the 14 words that will make someone fall in love with you forever, but she only needed one. "Hello"" Galen from Babylon 5 Crusade I'm moving this over to Off-Topic for further Pez ruminations. |
Enabran Templar
Capitalist Pig
![]() Join date: 26 Aug 2004
Posts: 4,506
|
07-12-2005 13:28
It's probably like a 100 line perl program hitting a mysql database rather than having to mail out cheques every month. Right, but from my accounting classes, I remember reading about various means of restructuring cashflow within your businesses to achieve the same overall effect while improving the overall appearance of health and vigor for the books. I'm wondering if this is such a restructuring. Don't know about LL but the user I think would get tax help as it would not appear as a transaction so therefore no money switches hands. Kind of a "internal" transfer of money. This is very true. I hadn't thought of this part. _____________________
Furthermore, as Second Life goes to the Metaverse, and this becomes an open platform, Linden Lab risks lawsuit in court and [attachment culling] will, I repeat WILL be reverse in court. Second Life Forums: Who needs Reason when you can use bold tags? |
blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
|
07-12-2005 13:34
Given that "This month's total awards payout is USD $6,317.14." /3/4d/53443/1.html, I do not believe this is a significant tax issue for LL, at least not financially.. though from a book keeping perspective I couldn't really say.
_____________________
Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper "Changing Realities: User Creation, Communication, and Innovation in Digital Worlds :
"User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches." |
Cristiano Midnight
Evil Snapshot Baron
![]() Join date: 17 May 2003
Posts: 8,616
|
07-12-2005 13:36
Though, you have to wonder how meaningless this makes their TOS. I'll be damned, you made a great point. It does seem it is in direct conflict with this: 4.3 All Data Is Temporary. When using the Service, you may accumulate treasure, experience points, equipment, or other value or status indicators and contribute to the environment ("Accumulated Status" ![]() _____________________
Cristiano
ANOmations - huge selection of high quality, low priced animations all $100L or less. ~SLUniverse.com~ SL's oldest and largest community site, featuring Snapzilla image sharing, forums, and much more. ![]() |
Foulcault Mechanique
Father Cheesemonkey
Join date: 28 Mar 2005
Posts: 557
|
07-12-2005 13:37
Blaze I would agree hardly an issue for LL tax wise. I think it was done for users more.
My father actually screamed at me when he heard about the costs of this game. First words out of his mouth were the taxes involved in such a situation and the accounting. He is an economics major so I trust his wording in such situations. He actually even asked why they didn't have such an internal transfer to help those that wanted to transfer money so that they user didn't get hit with taxes. Even through paypal they still have to record that at the end of the year if the money hits theier bank account if they want correct taxing info, etc. _____________________
Foulcault
"Keep telling yourself that and someday you just might believe it." "Every Technomage knows the 14 words that will make someone fall in love with you forever, but she only needed one. "Hello"" Galen from Babylon 5 Crusade I'm moving this over to Off-Topic for further Pez ruminations. |
blaze Spinnaker
1/2 Serious
Join date: 12 Aug 2004
Posts: 5,898
|
07-12-2005 13:37
Uh huh.
_____________________
Taken from The last paragraph on pg. 16 of Cory Ondrejka's paper "Changing Realities: User Creation, Communication, and Innovation in Digital Worlds :
"User-created content takes the idea of leveraging player opinions a step further by allowing them to effectively prototype new ideas and features. Developers can then measure which new concepts most improve the products and incorporate them into the game in future patches." |
Foulcault Mechanique
Father Cheesemonkey
Join date: 28 Mar 2005
Posts: 557
|
07-12-2005 13:39
I'll be damned, you made a great point. It does seem it is in direct conflict with this: 4.3 All Data Is Temporary. When using the Service, you may accumulate treasure, experience points, equipment, or other value or status indicators and contribute to the environment ("Accumulated Status" ![]() easily changed by a TOS rewrite which every TOS has. Makes you wonder who they WILL endorse though..GOM? They already provide GOM info on the website according to the link blaze gave. _____________________
Foulcault
"Keep telling yourself that and someday you just might believe it." "Every Technomage knows the 14 words that will make someone fall in love with you forever, but she only needed one. "Hello"" Galen from Babylon 5 Crusade I'm moving this over to Off-Topic for further Pez ruminations. |
Commerce Leader
Registered User
Join date: 26 Jan 2005
Posts: 32
|
07-12-2005 13:40
There's gotta be a way to balance out these awards with popular creations. Several examples that are deserving:
Snapzilla (Yeah, hi Cris!)... VERY popular, constantly used. Open Source AOs (Francis)... WILDLY popular, constantly used. FreeView (CrystalShard)... A very, very cool program. Critters (Wynx)... Wow, its taken over. Tringo (Kermitt)... No intro necessary! These are three made by friends of mine off the top of my head, so its obviously a totally biased, dare I say, "FIC" list. Any ideas on how to form a metric on popularity of services such as these? Regards, -Flip |
Cristiano Midnight
Evil Snapshot Baron
![]() Join date: 17 May 2003
Posts: 8,616
|
07-12-2005 13:51
easily changed by a TOS rewrite which every TOS has. Makes you wonder who they WILL endorse though..GOM? They already provide GOM info on the website according to the link blaze gave. LL has always promoted GOM. It is interesting that cries of favoritism are muted when it comes to GOM, when it is operated by two SL members. Granted, IGE is a completely different type of market - the difference between a retail and stock market, basically. However, it is GOM's biggest competition - though Anshe seems to have her eye on the prize too. I am not sure how LL can promote GOM and not also promote competing services. _____________________
Cristiano
ANOmations - huge selection of high quality, low priced animations all $100L or less. ~SLUniverse.com~ SL's oldest and largest community site, featuring Snapzilla image sharing, forums, and much more. ![]() |
Foulcault Mechanique
Father Cheesemonkey
Join date: 28 Mar 2005
Posts: 557
|
07-12-2005 13:55
LL has always promoted GOM. It is interesting that cries of favoritism are muted when it comes to GOM, when it is operated by two SL members. I think you hit the nail on the head. Personally I have no issue with GOM or Ansche. I do think if an SLer made it I would turn the other cheek as oppssed to if they promoted IGE. Not going into and FIC theorys as frankly I care less be it a newbie or an oldie if someone has a good idea and they are a strong member of SL it think it makes Sl look better in my mind if they say "Hey look at these guys." _____________________
Foulcault
"Keep telling yourself that and someday you just might believe it." "Every Technomage knows the 14 words that will make someone fall in love with you forever, but she only needed one. "Hello"" Galen from Babylon 5 Crusade I'm moving this over to Off-Topic for further Pez ruminations. |
Catherine Cotton
Tis Elfin
![]() Join date: 2 Apr 2003
Posts: 3,001
|
07-12-2005 14:01
The development bonus used to be 4kUS. Will the amount of funds be increased to accomidate the extra 60 winners or will that amount remain the same?
_____________________
|
Cocoanut Koala
Coco's Cottages
![]() Join date: 7 Feb 2005
Posts: 7,903
|
07-12-2005 14:42
There is no need to rewrite those sentences of the TOS.
Instead, they could rewrite the announcement: "We will no longer be giving actual money awards for the Developer Incentive. Instead, we will do one of two things: 1. Credit your account indefinitely - meaning you will be able to play for a time without having to pay us tier and/or subscription fees, depending on how big an award you have won, and/or continue to win. 2. Pay you in value-less Linden dollars. If you manage to find someone who will convert these value-less Linden dollars into actual money, good for you." coco |
Editorial Hare
Second Life Resident
![]() Join date: 11 Nov 2004
Posts: 116
|
07-12-2005 14:49
Beyond any TOS arguments dumping $6k US worth of newly minted Linden dollars into the economy each month on top of the removal of the Linden land auction money sink will most likely drop the value of $L even further.
We need more money sinks before you can add this type of strain to the system. _____________________
Please see my alternate account disclaimer here
The world tolerates conceit from those who are successful, but not from anybody else. - John Blake |
Cristiano Midnight
Evil Snapshot Baron
![]() Join date: 17 May 2003
Posts: 8,616
|
07-12-2005 14:52
There is no need to rewrite those sentences of the TOS. Instead, they could rewrite the announcement: "We will no longer be giving actual money awards for the Developer Incentive. Instead, we will do one of two things: 1. Credit your account indefinitely - meaning you will be able to play for a time without having to pay us tier and/or subscription fees, depending on how big an award you have won, and/or continue to win. 2. Pay you in value-less Linden dollars. If you manage to find someone who will convert these value-less Linden dollars into actual money, good for you." coco An account credit has a value - the credit would have some dollar value associated with it. If you did not have the credit, you would be paying the same amount as the credit. It is not the wording of the announcement that is problematic - it is the either credit or L$ option, as the L$ amount is tied to what the credit would have been, thus it gives the L$ a defacto cash value. _____________________
Cristiano
ANOmations - huge selection of high quality, low priced animations all $100L or less. ~SLUniverse.com~ SL's oldest and largest community site, featuring Snapzilla image sharing, forums, and much more. ![]() |
Lordfly Digeridoo
Prim Orchestrator
![]() Join date: 21 Jul 2003
Posts: 3,628
|
07-12-2005 14:57
Beyond any TOS arguments dumping $6k US worth of newly minted Linden dollars into the economy each month on top of the removal of the Linden land auction money sink will most likely drop the value of $L even further. We need more money sinks before you can add this type of strain to the system. Odds are that most people are simply going to roll over the credits into their monthly fees. IE, playing for free is better than getting play money (and then converting it to US dollars, waiting, etc.) LF _____________________
----
http://www.lordfly.com/ http://www.twitter.com/lordfly http://www.plurk.com/lordfly |
Cristiano Midnight
Evil Snapshot Baron
![]() Join date: 17 May 2003
Posts: 8,616
|
07-12-2005 15:01
Odds are that most people are simply going to roll over the credits into their monthly fees. IE, playing for free is better than getting play money (and then converting it to US dollars, waiting, etc.) LF As cutthroat as the developer incentives have become, and with the tremendous amount of work it takes to maintain them, I imagine that people will take whatever gives them the most value - if there is a significant difference between the USD value of trading the L$ versus the account credit, I think you will see people use the L$ option. _____________________
Cristiano
ANOmations - huge selection of high quality, low priced animations all $100L or less. ~SLUniverse.com~ SL's oldest and largest community site, featuring Snapzilla image sharing, forums, and much more. ![]() |