Showing posts with label Second Life Currency. Show all posts
Showing posts with label Second Life Currency. Show all posts

Tuesday, December 9, 2008

Second Life : Fee Schedule

Second Life General Fees
Fee Benefit
US$1 266 Linden Dollars (variable) - brokered purchase; may go to LL or a resident seller
US$0.30 per transaction fee for buying Linden Dollars on Lindex currency exchange
3.5% of transaction value per transaction fee for selling Linden Dollars on Lindex currency exchange
US$9.99/month Premium membership (512 m² mainland, access to higher mainland ranges as below, 300 Linden Dollars per week, access to ticket support)
US$125/month Land as below, plus Concierge service (live support access)
US$100 Island relocation
US$50 Island rename
US$100 Island interuser transfer (includes relocation and renaming)
US$1000 plus 20 premium memberships Unique avatar surname for an organization

Second Life Currency: Lindens, L$ or Linden Dollars

Second Life has an internal currency, the Linden dollar (L$). L$ can be used to trade goods, land and services with other users. Virtual goods include buildings, vehicles, devices of all kinds, animations, clothing, skin, hair, jewelry, flora and fauna, and works of art. Land in Second Life is a valuable and scarce commodity and can be bought, sold or rented.

Users may also offer items or services to other users in exchange for L$; services include "camping", working in stores, business management, entertainment (which prominently includes adult entertainment), custom content creation, and other personal services.

L$ is usually purchased from other users with real-world currency; Linden Lab and others offer a brokerage service for these transactions. The most popular usage for the exchange of L$ for US$ is in order to pay Second Life's subscription fees. In spite of attracting large volumes of press coverage, only a very small percentage of Residents derive a net income from the economy.