Comments on: virtual economies https://blog.yhuang.org/?p=91 here. Tue, 14 Oct 2025 11:10:14 +0000 hourly 1 http://wordpress.org/?v=3.1.1 By: me https://blog.yhuang.org/?p=91&cpage=1#comment-1323 me Mon, 28 Jan 2008 07:40:11 +0000 http://scripts.mit.edu/~zong/wpress/?p=91#comment-1323 Not sure how Second Life works exactly, but I think there is only a finite amount of "land" there. Also Anshe Chung isn't primarily investing in real estate, she's just the builder, so as long as she turns over what she builds and gets her money, it no longer is her problem if anything gets seized. But she's quite the opportunist because she also apparently has a currency arbitrage business. Not sure how Second Life works exactly, but I think there is only a finite amount of “land” there. Also Anshe Chung isn’t primarily investing in real estate, she’s just the builder, so as long as she turns over what she builds and gets her money, it no longer is her problem if anything gets seized.

But she’s quite the opportunist because she also apparently has a currency arbitrage business.

]]> By: Silent https://blog.yhuang.org/?p=91&cpage=1#comment-1316 Silent Sat, 26 Jan 2008 15:50:31 +0000 http://scripts.mit.edu/~zong/wpress/?p=91#comment-1316 And, uh, the resolution of said lawsuit, which was kept very confidental: http://blog.secondlife.com/2007/10/04/resolution-of-lawsuit/ Sorry, just thought this case would have been interesting. And, uh, the resolution of said lawsuit, which was kept very confidental:
http://blog.secondlife.com/2007/10/04/resolution-of-lawsuit/

Sorry, just thought this case would have been interesting.

]]> By: Silent https://blog.yhuang.org/?p=91&cpage=1#comment-1315 Silent Sat, 26 Jan 2008 15:43:40 +0000 http://scripts.mit.edu/~zong/wpress/?p=91#comment-1315 Oh, sorry for bumping it, but it does seem like the man who is sueing...well...ahem, won the lawsuit. http://www.3pointd.com/20070531/court-rules-against-linden-lab-terms-of-service/ Oh, sorry for bumping it, but it does seem like the man who is sueing…well…ahem, won the lawsuit.

http://www.3pointd.com/20070531/court-rules-against-linden-lab-terms-of-service/

]]> By: Anonymous https://blog.yhuang.org/?p=91&cpage=1#comment-1314 Anonymous Sat, 26 Jan 2008 15:37:02 +0000 http://scripts.mit.edu/~zong/wpress/?p=91#comment-1314 Problem is, Anshe Chung is operating within Virtual Worlds, and their investment policies may not be wise. For one, Second Life's virtual world ToS states that if they think you are breaking their ToS, they'll seize everything. Your Liden Cash (real-life money). Your properties. Your 'avatar' too. You think a RL government would so something so stupid. But Second Life did and now they're getting sued for such a thing. http://www.wired.com/gaming/virtualworlds/news/2006/05/70909 The lawyer who got his property consificated, yes, broke the law, but does that REALLY entitle Second Life to seize all his money? The second argument is that 'virtual properties' are easy to make if you know how to code. And since the designers know how to code, they can create as many as they want and flood the market, making money in the process. Again, if you want to go and invest in 'virtual worlds', which I know is a very, very dumb idea, you need to make sure the designers are smart. Or, become a designer of the MMO yourself. Problem is, Anshe Chung is operating within Virtual Worlds, and their investment policies may not be wise. For one, Second Life’s virtual world ToS states that if they think you are breaking their ToS, they’ll seize everything. Your Liden Cash (real-life money). Your properties. Your ‘avatar’ too.

You think a RL government would so something so stupid. But Second Life did and now they’re getting sued for such a thing.

http://www.wired.com/gaming/virtualworlds/news/2006/05/70909

The lawyer who got his property consificated, yes, broke the law, but does that REALLY entitle Second Life to seize all his money?

The second argument is that ‘virtual properties’ are easy to make if you know how to code. And since the designers know how to code, they can create as many as they want and flood the market, making money in the process. Again, if you want to go and invest in ‘virtual worlds’, which I know is a very, very dumb idea, you need to make sure the designers are smart.

Or, become a designer of the MMO yourself.

]]>