MONEY MAKES THE VIRTUAL WORLD GO AROUND

Marc Bragg, aka Marc Woebegone (which seems to be a somewhat ironic name considering the circumstances) when he is hobnobbing with the fantastic and freaky in Second Life, has filed a lawsuit against Linden Labs for banning him. Of course, money is involved.

Bragg claims that employees of Linden Research, Inc., the company who 
creates, manages and maintains this online world, allowed the auction to 
be created, and after Bragg paid US dollars for the land, terminated 
Bragg's account, without explanation, without citing any violation of 
community policy, and have since refused offer a credit or a refund.

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"This is probably the first dispute of its kind," says Bragg, an attorney 
licensed in Pennsylvania, New Jersey, and California. "This suit 
challenges the legitimacy of a virtual intangible purchase of an asset." 
Bragg notes that this lawsuit brings to light some of the issues that have 
not been addressed in the real world about these popular sites. Because 
this Internet game uses real US currency and its in-game currency can be 
converted back to US currency, Bragg questions how items like gambling 
revenues, income from virtual land sales, and other legal issues surrounding 
virtual purchases will be addressed by Linden Lab and other companies like 
it who establish and control these gaming web sites.

Speaking of virtual-->real world cash, Neverdie is snorting lines from the naked 
bums of Playmates.

Entropia Universe, the fastest growing virtual universe utilizing a real cash economy, today announced the official launch of the virtual nightclub, Club NEVERDIE. The nightclub is part of the Virtual Space Resort "Club NEVERDIE," which was purchased for a record-breaking $100,000 US dollars in late 2005, by gamer Jon "NEVERDIE" Jacobs. The grand opening of the nightclub, and the profits obtained from mining/hunting rights and property sales on the resort is expected to put NEVERDIE at a net worth of $1.5 million US dollars in 2006, making him the first-ever "Virtual World Millionaire."

These types of RMT stories are occurring almost weekly now. Best go make your easy million now before the authorities finally wise up to what is going on and want to stick their fingers in.

The line starts behind me.

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