Sunday, July 12, 2009

A: Why is the Linden $ the most succesful virtual currency?

A: Because Linden and its exchange network (partnered and 3rd party) provide a mechanism for people to convert their electronic funds back into real dollars. So after selling virtual goods in Second Life you are able to turn that into actual value in your real life.

4 comments:

Dirk said...

So does Entropia Universe with their PE-Dollar. So does Sony for their MMOGs with Station Exchange.

Your point beeing?

PaymentGuy said...

Much higher transaction volumes make the L$ more successful which is my point.

Dirk said...

Any official numbers on that from Linden what their transaction volume really is per month / year?

PaymentGuy said...

Yes, Linden is very transparent - visit their site or wiki and see.