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Second Life - Virtual Real Estate
System: PC
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Second Life is a MMOG in which the players themselves create and shape the game's world.  Players can build their dream home, create an attraction for other players to see, or work together to build an entire city.  In order to help players build their dreams, Second Life features virtual real estate that allows players to buy and sell plots of land in the game's world.  This has had some interesting consequences and we asked the game's creator Philip Rosedale to share some of the more interesting effects of allowing players to own virtual land in Second Life.

Would you please give a brief description of Second Life for those unfamiliar with the game?

Second Life is an online digital world built almost entirely by its participants. Because Second Life users can basically do whatever they want in-world, we don't think of it as a game. The goal of Second Life is whatever you want it to be - be it creating and selling art or building and scripting a demolition derby to reconstructing the Pyramids or opening your own clothes boutique, Second Life is limited only by your imagination

What is "land" in Second Life? How is it used by players?

Land in Second Life is an expanse of space that can be bought and sold. The smallest parcels are 1/256 of an acre (16 m2) - the size of a kiosk in the Luna shopping center - and the largest parcels are 16-acre (65, 536 m2) private islands which can be expanded and joined with other islands.

Land ownership provides lots of opportunities. For instance, land owners use their land to build homes and businesses, hold events, create attractions, build multi-leveled games - basically anything they can imagine.

Additionally, when you own land you can:

1. Build and create objects that will stay in-world for as long as you want. The bigger your parcel of land, the more objects you can have.

2. Change your landscape - most land in SL is terraformable. With Second
Life's tools you can change the lay of your land.

3. Land ownership is directly related to money making - build a store and sell your wares.

4. Hold events -- have a party, teach a class, play a game -- create your own guest list or open the event to the entire community.

5. Dwell eligibility - Linden Lab's monetary reward system that calculates, on a daily basis, how many visitors you've had on your parcel and how long
they've stayed. Every day land owners are rewarded L$ on the basis of how
many visitors have visited their land. Additionally, top Dwell-getters appear in the "Most Popular Places" guide in Second Life and may be entitled to monthly Developer Incentive Awards.

6. Resell, subdivide and join with other land. Build an empire with a group or by yourself.

How is land sold in Second Life? People are paying real-world dollars for it too, right?

Land is sold via auctions for both US$ and $L and by individual to individual. Residents can find land for sale by other Residents by checking Second Life's "Find" menu. Second Life also has a "Land for the Landless" program where Linden Lab will allocate 512 m2 parcels of land for just $L512
to Residents who have not been able to buy land yet. Generally, 512 m2
sells for considerably more on the open market

In addition to the up front cost of land, users pay a monthly fee depending on how much they own.

 


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