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#5 Set up a Virtual Business – Second Life!

Set-up a virtual business with Second Life

In the online virtual world of Second Life, you can buy and sell land, create clothes, set up a shop or anything else you can think of. Set up by Linden Labs, Second Life has experienced phenomenal growth. The ‘inworld economy’ of Second Life grew 94% between 2008 and 2009 and by the end of 2011 the equivalent value of all money held by users stood at $29.3 million.

That’s right, although Second Life is a virtual world, it has a very real economy. Ailin Graef, aka Anshe Chung, became the first person to make a real life million through Second Life. Its currency, the Linden dollar, can be exchanged at a rate of about 320 Linden dollars (L$) to £1, although it does fluctuate. If you’re handy with a keyboard and have a lot of spare time, this could be an interesting way to make some extra cash.

(from http://www.moneymagpie.com/article/best-money-making-websites)

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April 3, 2012 - Posted by | General

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