As I've noted before, converting money from SecondLife Linden dollars to real dollars depends on an exchange where people want to exchange real dollars for virtual dollars. As I read it, for $9.95 per month, you get a signup bonus of 1,000 Linden (virtual) dollars (L$), and a weekly paycheck of L$300. Figuring that out over a year, that's 7.2 cents ($0.072) per L$ if I did my math right (it includes the L$1000 signing bonus). It also assumes that you pay monthly rather than annually. If you pay annually, L$ are worth even less.
Stats on population are getting a little better, a few over 2,000,000 residents today, and 233,536 visitors in the last 7 days, with about 18,000 logged in as of the moment (just a second ago) I visited the home page.
And right now on the LindeX (where you trade L$ for real $), the going rate is US$1/L$268. Lest you were wondering, that's 3.73 cents per L$.
Now, I'm not going to interpret that for you...except to say that somewhere someone is paying 7 cents for something I can buy for 3 or 4 cents. Something's not right about that! Somewhere, there's 3 cents worth of value for every dollar going down the toilet.
If that sounds like a good deal, you'll really like the odds on the lottery.
But perhaps I'm being too analytical...it's about social media, after all.
'Second Life' mints a millionaire? | News.blog | CNET News.com
