The Second Life Economy appears to be in a double-dip recession mirroring the United States Economy. Linden lab released their economic statistics recently showing a continued decline in several key areas. Perhaps even more telling were the metrics that are no longer tracked and were not released.
But lets just review what was.
Average Monthly Economic Participants Continues to Decline
First of all the average monthly economic participants (number of people buying things) dropped by 2,000 from Q1 to Q2 of 20ll. This is down 27,000 from a year ago.
Value of L$ Continues to Drop
The value of the L$ continued to drop and is now down to an average exchange rate of L$252.3 from L$263.7 a year ago.
What we do not see is overall information on unique, monthly logins, overall economy value, etc. The insistence that web sales are up does not however account for the fact that in-world sales are down to the point of destroying shops in-world. We are also not seeing the numbers of deleted or inactive accounts.
Meanwhile there is more discontent with the virtual world, higher tier costs, and continued land ownership problems. What are your thoughts?
The VWBPE focuses on education and learning in virtual environments. The theme of this year is “You are Here”. Registration is free. The event will cover over 20 sims in the virtual world of Second Life and include workshops, presentations, and more.
Check out the below video promo for the Virtual Worlds Best Practices in Education Conference. The video is about 1 minute long.
This is a stunning blow to the gaming social media world and a further hint at mismanagement and money problems for the Second Life creators Linden Lab.
It seems like a Yahoo style waste of money if you ask me.
Avatars United will be shut down almost immediately on September 29th, 2010. Second Life will soon develop their own resident profiles but players of other massively multiplayer online role playing games are basically screwed.
Alain Della Negra and Kaori Kinoshita have created a new Second Life Documentary. This French Documentary is called The Cat, the Reverend and the Slave.
The interviews are in English and translated in French. The documentary covers three people as they look for more out of life in the virtual world. One is a minister who runs a virtual church, one is involved in S/M and the other is a Furry.
The video includes footage from back in 2007 but with much newer footage. The DVD will be out sometime next year and the movie will be shown in theaters in France and also at the Anaheim Film Festival in California.
Below are two trailers for the documentary. They are about 2 minutes long each. Check them out below.
We have written before about the open beta test of Display Names in Second Life. Thousands of Second Life residents have downloaded the display name project viewer and tested the feature and provided feedback.
Linden Lab is responding by making several improvements to Display Names. Below is a list.
Display Name Improvements in Second Life:
1. Default will show both Display Name and unique Username if the two do not match. Otherwise Display Name will show.
2. Usernames will be more prominently displayed in the Profile
3. Chat improvements and display of names
4. Password authentication imnprovement
5. Modifying Unicode to allow for easier copying of Display Name.
We have written frequently about 3d Mesh Import in Second Life. The Collada file format would be supported allowing for complex 3d Creation Tools such as Maya, 3D Studio Max, or Blender to be used to create and import directly into Second Life.
This feature is currently in closed beta testing with the Non Disclosure Agreement just recently lifted. The open beta test for 3d Mesh Import will be coming to Second Life soon.
Below are 6 high definition videos showing off 3d mesh import. They vary in length from one to two minutes long. Check it out below.