15 Search results

For the term "cybercoinbank".

CyberCoinBank’s G$ takes early lead

CyberCoinBank’s G$ is taking an early lead over the OMC multi-grid currency from Virwox. Although G$ is only accepted on 8 grids, compared to 14 grids for OMC, there is over 63 million G$...

OMC hypergrid currency gained popularity in 2010

In the past year, the OMC virtual currency has gained both popularity and usefulness, with both the total currency in circulation and the number of grids it’s available for use on growing. The OMC,...

OMC, I’z transactions grow on OpenSim

The OpenSim economy continued to grow this month, with both the OMC currency and the I’z currency from InWorldz growing in users and transactions. The OMC, a convertible currency from Austrian virtual currency exchange...

Virtual investors lost 71% on risky SLCapEx

Investors in virtual companies listed on the Second Life Capital Exchange lost most of their money, according to a new research report. The report, which covered the time period between May 2007 and December...

OpenSim payments 101

One of the most confusing parts of moving to OpenSim is figuring out how the commerce system works. Not as confusing, maybe, than than figuring out how to run the server software, learning how...

Multi-grid currencies grow in OpenSim

Both the G$ and OMC multi-grid currencies reported strong growth over the last two months. Since we last took a look at their numbers in mid-August, the OMC currency — backed by Austrian Linden...

Does your grid need its own currency?

Update: I still recommend the OMC currency, which has grown substantially since this article was first written and now used on 30 OpenSim grids. The two other currencies I mentioned — V$ and G$...

OpenSim prices drop to $10 per region

Correction: Coral Estate regions start at $20, not $10. OpenSim hosting prices have fallen to a record-low, with providers like New Voice offering regions for just $10 per month — though the performance of...

Hypergrid economy hits new high

The hypergrid economy continued its steady growth this past month, with a total of 1,091,000 OMC (US $3,775) spent on the 14 OMC-enabled grids since the multi-grid currency launched in March. This total doesn’t...

Non-profits experiment with grid payments

Virtual worlds run by non-profit organizations focus on providing a low-cost platform for other non-profits and individuals. To many in the non-profit sector, in-world economies belong on for-profit grids like Second Life and Blue...

FrancoGrid, AvatarHangout switch to OMC payments

Two more grids have switched to the recently-released hypergrid-enabled OMC (Open Metaverse Currency) from Virwox, FrancoGrid and Avatar Hangout, bringing the total number of grids using the currency to six. The other four grids...

Business in OpenSim

[Update: You can browse all hypergrid-enabled public OpenSim grids with Hyperica, the directory of hypergrid destinations. Directory indexes more than 100 shopping and freebie store locations.] Is it too early to start doing business...

In-world payments come to OpenSim grids

Germany’s Grid4Us and GermanGrid launched in-world money systems yesterday, using the VirWox virtual payment system. The virtual money — Open Metaverse Currency — is fully convertible with US Dollars, Euros and other real world...