Tag Archives: virtual currency

Wed, Jul 6 2011
OMC users triple since start of year

OMC users triple since start of year

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The number of OpenSim grids accepting the multi-grid, hypergrid-enabled Open Metaverse Currency (OMC) has continued to grow in the first half of this year, now at an all-time high of 29 grids. Meanwhile,... 

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Wed, May 25 2011
Are virtual currencies becoming real?

Are virtual currencies becoming real?

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Many people view virtual online currencies; the kind used in online websites such as Second Life for example, as being wholly different from their real life counterparts. Many online games have their own... 

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Mon, May 16 2011
OMC currency gains popularity in the first quarter of the year

OMC currency gains popularity in the first quarter of the year

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The number of OpenSim grids accepting the multi-grid OMC virtual currency reached a record high in the first quarter of this year, as has the number of users of this hypergrid-enabled currency from Austian... 

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Tue, Feb 15 2011
OMC hypergrid currency gained popularity in 2010

OMC hypergrid currency gained popularity in 2010

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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,... 

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Thu, Dec 9 2010
How to Price Your Virtual Currency

How to Price Your Virtual Currency

One of the key early decisions to game design or creating a virtual currency platform is designing the price and exchange rate of virtual currency. Unfortunately after it’s been released, it’s also... 

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Tue, Aug 31 2010
Does your grid need its own currency?

Does your grid need its own currency?

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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$ —... 

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Tue, Aug 17 2010
CyberCoinBank’s G$ takes early lead

CyberCoinBank’s G$ takes early lead

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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$ (US $210,000)... 

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Mon, Apr 19 2010
FrancoGrid, AvatarHangout switch to OMC payments

FrancoGrid, AvatarHangout switch to OMC payments

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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... 

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Fri, Apr 2 2010
Business in OpenSim

Business in OpenSim

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[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... 

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Fri, May 29 2009
ReactionGrid hosts own virtual world, private grids

ReactionGrid hosts own virtual world, private grids

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This week, ReactionGrid has released its $8,950 Banbury virtual world server, for those who want to physically own their own virtual universe. But for customers willing to let their virtual worlds be managed... 

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Thu, May 28 2009
Hypergrid Entrepreneurs Group holds first meeting on OSGrid

Hypergrid Entrepreneurs Group holds first meeting on OSGrid

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More than a dozen entrepreneurs got together Thursday night — or Friday morning, depending on their time zone — in OSGrid’s Business Center to discuss entrepreneurship on the emerging... 

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Wed, May 20 2009
Individual grids, merchants determine OpenSim payments

Individual grids, merchants determine OpenSim payments

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Unlike Second Life, the open source virtual world platform OpenSim does not have a built-in currency system. To users, this is a significant lack of functionality – but developers see it as a feature. The... 

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Sun, May 10 2009
Shanghai’s DeepThink shifts to OpenSim development

Shanghai’s DeepThink shifts to OpenSim development

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When it comes to virtual world real estate and design, DeepThink has been a big player, operating one of the largest continents in Second Life. A DeepThink sea-side cottage. But in recent months, the... 

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Sat, May 9 2009
OpenSim reaches 95% compatibility with Second Life

OpenSim reaches 95% compatibility with Second Life

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According to OpenSim core developer Charles Krinke, there are 330 key functions in Second Life – and 300 of them have been fully implemented in OpenSim. Of the remaining 30, half have to do with vehicle... 

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Mon, Apr 20 2009
Ten New Business Ideas for Emerging Worlds

Ten New Business Ideas for Emerging Worlds

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Everybody knows about the big three of virtual business: sex, gambling, and role-playing. But with the new OpenSim platform and hyperlinks between different virtual worlds, the three-dimension Internet... 

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Fri, Apr 17 2009
3D Worlds Developer Launches Online Magazine

3D Worlds Developer Launches Online Magazine

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According to Ralf Haifisch, a virtual worlds developer, what we’re seeing now is the emergence of a new Internet. And he knows what’s he’s talking about – he was the first one in his... 

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Wed, Apr 15 2009
Folk Cafe Does OpenSim Right

Folk Cafe Does OpenSim Right

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If you want to see how the OpenSim platform works in practice – and who doesn’t want a glipse of the next generation of the Internet? – you might be tempted to come to the OSGrid, the largest... 

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