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) in circulation, compared to just 302,037 OMC (US $1,045). There are several reasons for
The transition to 3D immersive environments is inevitable. Just look at the video game market. When kids are deciding what game to spend their $50 bucks on, they’re more likely to pick an immersive, 3D game rather than a new take on, say, Tetris or a new text adventure game.
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, or Open Metaverse Currency, is a virtual currency from Austria-based VirWoX that can be used to buy
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 operator Virwox, is now accepted on 18 different grids — AnSky Grid, Avatar Hangout, FrancoGrid, GermanGrid,
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 2009, showed that investors bought US$145,000 worth of shares in initial public offerings of virtual companies.
The hypergrid economy continued its steady growth this past month, with a total of 1,091,000 OMC (US $3,775) spent on the 14 OMC-enabled grids since the multi-grid currency launched in March. This total doesn’t include local grid currencies, CyberCoinBank’s G$, or Virtual Wallet’s V$, none of which report their transaction
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 Mars. However, some non-profits running grids on the OpenSim platform are beginning to embrace in-grid 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 supporting the currency are Grid4Us, GermanGrid, OpenNeuland, and WilderWesten. Between them, the six grids total over
[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 OpenSim? We are certainly not in an age of v-commerce, though we can see it
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 currencies, as well as with Linden Dollars. Unlike previous attempts to set up currencies for in-world