Tuesday, April 15, 2008

Second Life Community: Incident Report

Just like the daily police blotter, the virtual world of Second Life maintains a daily incident report for its community. According to the Second Life Economy Blog, from 2007 to 2008 - "total user to user transactions, a measure of the gross domestic product in Second Life, grew from an annualized rate of $261 million in Q4 to just over $300 million in Q1."

After a federal investigation Second Life had to ban gambling.

Congress has feared that
Second Life could be used to launder money to fund terrorism.

Analysts should become familiar with Second Life and its implications.

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