Second Life hosts $567M economy
(NEWSER) - The real economy is mired in recession, but on sites like Second Life, the virtual economy's booming. Thanks to opportunities for entrepreneurs in everything from hats to land, user-to-user transactions totaled to over $567 million in real dollars last year. "The barriers to entry are really, really low for an enterprise to get started in Second Life," says a University of California expert on virtual worlds. "You don't need a factory. You don't have a lot of expenses." More»