Mostly… fixed income and cross product eTrading

June 1, 2007

Your Second Life

Filed under: Nuts and Bolts — holky @ 7:49 pm

A report published last month by research group Gartner said 80% of internet users and Fortune 500 companies would have a “second life” by the end of 2011,   with Steve Prentice, head of research at Gartner, saying: “Virtual worlds will have a significant impact on your enterprise during the next five years.”

So in the news is another SL launch – Germany’s Wirecard Bank opens in Second Life

And the EFN article here mentions the World Stock Exchange (which is also here in WSJ) which caught my eye as being a single exchange for the whole world, something many in the real world expect at some point.  This SL one supposedly works the same way and uses same terminology as real life exchanges, so its Traders convert real currency into Linden dollars using credit cards or PayPal and “invest those linden dollars wisely” (my phrasing to avoid the words punt and gamble) in the exchange to trade shares in listed companies which will rise or fall according to demand.  I still think the regulators will be all over this once they realise just how much shirt you could lose with that “wise investing”, especially on technology that appears to have so many questions about how it is being operated.

But sod just getting the exchanges of this world sorted… let’s go for the entire universe. See the cross-platform financial exchange spanning multiple virtual worlds including Second Life and Entropia Universe for the ‘how-to’.

My original second life post here

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6 Comments »

  1. I’m too busy in my first life!

    Second Life? Get a life, I say!!!!!

    Comment by waratah — June 5, 2007 @ 9:19 am

  2. Ah but you’re old 🙂 Should we ignore all of the young whippersnappers in the digital generation who are (if not now then soon) likely to be in positions of great influence over capital markets – whether defining their firm’s strategy, or even “just” as its customers?

    Comment by holky — June 5, 2007 @ 9:59 am

  3. Grumpy old man already? and not even 40 yet….. 😦

    I’m all for the digital generation….just not the second-life, playstation part of it! 🙂

    Comment by waratah — June 6, 2007 @ 1:03 pm

  4. but how long do we have to wait to ask for a recount on your “40” ?

    having said that waratah “old chap”, i’ll hazzard a guess (make a wise investment decision) that the readership of this blog at this point is 80% more likely to have spent more time talking to the local Merc dealer about a SL than having signing up and “played(?)” SL at this point.

    Comment by holky — June 6, 2007 @ 1:30 pm

  5. I’ve done neither…… 😦

    Comment by waratah — June 8, 2007 @ 1:06 pm

  6. […] Original Second Life post here […]

    Pingback by Stock exchange hacked « Mostly… — August 13, 2007 @ 4:53 am


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