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Posts with tag economics

How hard did the gambling ban hit?

Linden MoneyWe've started to get a new baseline for transactions and LindeX exchanges since the gambling ban was imposed, ignoring days such as RFL, days with significant downtime etc.

Since the ban, and excluding obviously bad days, we've got 5 days, giving us a mean transactions of $1,194,400.00 ± $25,793.41. For the five days before the ban we've got $1,682,600.00 ± $137,794.41. So, daily in-world transactions are down by about $488,000, and despite the short baseline, there is a statistically significant difference (p<0.01).

Looking at LindeX daily trading, since the ban the average is $214,600.00 ± $18,091.43, before the ban it was $230,200.00 ± $20,921.28. Although there is a difference of just under $16,000 per day, there is no significant difference in these values - indeed if you rank the numbers across before and after, the second and third quietest days on LindeX were BEFORE the ban.
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Continue reading How hard did the gambling ban hit?

Econ Geeks Unite!

Our brethren at Joystiq have posted an article that should be of much interest to followers/detractors of SL currency movement: The Austin Games Conference hosted a presentation by Sam Lewis, the lead designer of the Cartoon Network's upcoming MMOG, on the creation and management of an online economy.

Presented in Powerpoint with accompanying notes, Lewis' presentation covers Economics basics before delving into what changes are necessary to utilize an Economics model when analyzing online virtual world currency traffic. It's an interesting look, and worth thinking about, considering how SL's market tends to fluctuate. Get Your Econ On!

Business magazine to launch in world

SL Business

Following in the footsteps of Second Style Magazine, the SLExchange is releasing its own magazine called SL Business. Unfortunately this one isn't going to be full of pictures of smoking hot avatars in swanky outfits. I mean Just because my Av is packing a little extra junk in the trunk doesn't mean it isn't beautiful. Anyway, SL Business is billing itself as the premiere virtual branding magazine. As I can't think of another one I suppose they are right. There isn't tons of information available about it yet, but the media kit they have put together says they are going to be a centralized place were we can go to get all our Second Life business related news and they are covering a huge laundry list of topics. Including the requisite and popular fashion, law, music, investing, contests, and lots more.

All this at the low low price of L$0 or FREE USD. Also, if you're looking for an opportunity to advertise in this new magazine ads start at L$750 for a quarter page. The first issue is coming out on August 1st, so if you want to get your ad in this issue you better hurry.

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