Virtual Second Life Company Attempts Crowd-funding

Simulation PC News MMO Crowdfunding

In what I can only assume to be a first in video game history, and potentially is a competitor for weirdest news this month. A virtual company within Second Life has started a Indiegogo campaign in order for it to increase its presence within Second Life. Nintai Brokerage Corporation teaches players how to participate in its virtual stock exchange called the Capital Exchange.

Nintai is seeking the funding so that they can improve the quality of the simulation, and also make it accessible to more players. Nintai’s goal of $5000 may seem small in comparison to some video game crowd-funding efforts, I’m looking at you schaffer, but it has yet to be seen whether people will rally around this. They do have 28 days to achieve their goal and frankly I have seen for weirder things funded, so they may just manage to pull it off.

Here is what the CEO of the virtual company, Cecil Niosaki, had to say,

“I think it’s incredibly important that we continue to operate on the Second Life grid so that we can teach people how the stock market works. I believe that an education in finance is necessary, and oftentimes players take what they learn on the Capital Exchange onto the real stock market.”

Second Life is an online virtual world created in 2003 by Linden Labs, which allows players to create avatars for themselves, so that they can interact with other users and participate within the Second Life economy. Though popularity for Second Life has died off in recent years, it still has a substantial userbase which may be due to the level of creation that it allows its users to have within the game.

Be sure to check in at a later date, for if they actually manage to reach their goal, then I will definitely be writing about it.

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Well hi there, Caleb here, you may know me from such films as "Life Fails Volume 2" and "Ouch that noob got pwnd".
  • he should move to OpenSim – something like Kitely or their own server – sure would be way cheaper than $295 a month!

    • Simon

      Except that Nintai is trading shares in businesses in SL. It wouldn’t make sense to open a brokerage firm on OpenSim if the businesses you’re investing in are on LL’s main grid. Kind of like moving the NYSE to Cleveland.

  • I agree Ener. It seems odd that when none-profit interests and education has been forced out of Second Life because Linden Labs has cut the 50% discount that this company wants to stay in there when a lot of the others have already moved to Opensim. Still, they have their reasons no doubt and since the cost of staying in Second Life is so high I guess they need the crowd funding to meet Linden Lab’s high costs. I will be interested to see if they actually get the funding.

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