Twinity Economy Allows Outside Trade

By the sounds of it, Twinity is building a virtual world using real geographies. Whether this business model could survive the much discussed possible development of a virtual overlay on Google Earth remains to be seen. Metaversed points out: "Where it gets interesting, is in their plans to farm out much of the user to user transactions to a third, as yet undisclosed party. The system will provide a double escrow utility for users to trade objects and property and services with real money. Primary markets, such as initial property sales will be made using a synthetic currency similar to the Linden Dollar or Entropian PED. Metaversum say they want to allow a more realistic cash flow, letting users trade with each other outside of the system as well as in it. The primary economy (synthetic currency) will come online during the initial beta, in 3 months or so, the secondary economy will follow that." Dusan Writer