Tag Archives: secondlife economy

Second Life Economy In Double-Dip Recession

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?

Is the Second Life Economy Up?

Second Life Economy

Linden Lab has published the second quarter metrics for Second Life. This included 805 million monthly repeat logins, and increase in Linden dollar exchange rate to L$269, and LindeX trading volume of US$29.4 million.

It is interesting to note that transactions between users are decreasing. “In Q2 2010, Resident-to-Resident transactions totalled approximately L$40 billion, or US$152 million………….At least for the time being, one figure we will no longer publish in our historical charts is the Resident-to-Resident transaction data. As we’ve analyzed this data we believe that it is not as accurate a measure of the inworld economy as we would like.”

Other statistics are mysteriously missing: “From time to time we will change our reporting….”

Read more here