By:
On:

Two grid owners have successfully enabled Podex for hypergrid visitors to their grids. Discovery Grid owner Rene Vega, also known as Balpien Hammerer in-world, and AviWorlds owner Josh Boam have allowed hypergrid visitors to buy and use Podex-based local currencies while visiting their grids. “Thanks to Josh Boam as wellRead More →

By:
On:

Update 5/19: AnSky is switching away from Gloebit, possibly to a local currency on the jOpenSimMoney module. The Gloebit payment services is back up this week, kind of, after more than a month of downtime, but many grids and users are still reporting issues with the payment system. “We restoredRead More →

By:
On:

Podex, the second-largest OpenSim payments provider, has suffered a fire at its data center and services are temporarily down, but no user money has been lost. “The Podex system is on OVH servers based in Strasbourg and fire destroyed some of their data center,” Podex CEO Jacek Shuftan told HypergridRead More →

By:
On:

After Europe’s new data privacy regulations, GDPR, went into effect on May 25, OpenSim users saw a flurry of requests from grid owners asking them to agree to new privacy policies. Sometimes, those messages would pop up in the middle of a hypergrid trip, hindering travel. DigiWorldz, for example, hasRead More →

By:
On:

Twice as many grids now use Gloebit-powered payments compared to an older service, Podex, due to Gloebit’s easier set up and overall lower costs. Gloebits reports that it now has close to 2,000 account users and is on more than 50 grids, and the cumulative value of transactions reached more thanRead More →

By:
On:

  YrGrid denies allegations that it is refusing redemptions in order to profit from the recent spike in Bitcoin prices. Instead, the problem is caused by their Bitcoin wallet service provider, said the grid, which is a Hong Kong-based commercial gambling-oriented grid with a Bitcoin-based virtual currency. Residents and users haveRead More →

By:
On:

One of  oldest commercial OpenSim grids is shutting down at the end of this month. ZanGrid was founded five years ago as Zandramas grid, and is one of the top 25 grids by both popularity and land area. Last month, the grid reported 351 active users and the land area equivalentRead More →

By:
On:

Starting your own grid isn’t easy. You need your own servers, membership website, plus, of course, residents. Plus, if you want an in-world economy, you have to put payments in place. There are hosting providers, like DigiWorldz and Dreamland Metaverse, that will do all of this, but it takes quiteRead More →

By:
On:

The first meeting of the Hypergrid Chamber of Commerce will be at 11 a.m. Pacific time on Friday, July 21 and several major players in the OpenSim economy have officially joined as members, including Gloebit, Podex, and Kitely. Another early supporter is GamesCredit, which offers cryptocurrency-based in-game payments. The group plans to work on standards forRead More →

By:
On:

Genesis Metaverse, a commercial grid that emerged last fall from the collapse of Avi-Labs, has been having problems with its currency vendor, Podex, and took the dispute public today. For residents, this means that they will now buy and sell their currency directly from the grid and not from Podex,Read More →

By:
On:

Corrections: Well this story made people mad! But when I’m wrong, I’m wrong. Here are three corrections: 1. The question of who is handling the finances is a he-said, she-said situation. If the she-said side of it is right, then associating an innocent person’s name with this mess is theRead More →

By:
On:

By all indications, the hypergrid is hopping. As of mid-January, 68 percent of all active users, 75 percent of all public OpenSim grids, and 93 percent of all regions were on the hypergrid, and the number of hypergrid events and communities is exploding. The Kitely Market now delivers to moreRead More →

By:
On:

Press release: 3rd Rock Grid to transition to Podex 3rd Rock Grid is going through a number of changes as part of a transition to a new ownership model. One of the changes will be to transition away from directly managing their currency, the Geode, otherwise known as the GO$.Read More →

By:
On:

In mid-June, Linden Lab announced that third-party exchanges must stop selling Linden dollars, which will effectively put all or most of these exchanges out of business by August 1. There is an English-language petition with around 300 signatures at SaveTheExchanges.com and a German-language petition at OpenPetition with more than 700 signatures. There is a smallRead More →

By:
On:

A week ago, Linden Lab announced that third-party exchanges have to stop offering Linden dollars, which will effectively put all or most of them out of business. Exchange operators are now asking users to sign a petition to keep them alive. So far, this petition has already garnered 600 signatures.Read More →

By:
On:

Update: Linden Lab has posted an official notice confirming the news. Linden Lab is shutting down third-party currency exchanges, CrossWorlds exchange owner Tony Bastianelli told Hypergrid Business today. According to Bastianelli, he received an email today telling him that his reseller account will be shut down on August 1, and he will noRead More →

By:
On:

DX Exchange, one of the oldest exchanges trading Linden Dollars, has now entered the OpenSim payments space. The exchange is now providing the currency infrastructure for Sunlight Grid, with four other grids in beta testing. Currently, there are two main exchanges providing currency services to OpenSim grids. Virwox operates theRead More →