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.
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4 comments:

  1. UnknownJuly 13, 2009 at 11:56 PM

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

    Your point beeing?

    ReplyDelete
  2. Paymentguy@gmail.com July 14, 2009 at 6:17 AM

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

    ReplyDelete
  3. UnknownJuly 14, 2009 at 10:26 PM

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

    ReplyDelete
  4. Paymentguy@gmail.com July 15, 2009 at 8:18 AM

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

    ReplyDelete