[Hidden-tech] Vermont's virtual corporation law

[Chris Hoogendyk]

Edbride-PR wrote:
> I'm surprised to hear that Second Life is still around. Perhaps it's 
> eponymous.

If you want to call 900% growth (as of July) over the previous year 
"still around", then, yes, it is still around.

http://www.vnunet.com/vnunet/news/2223130/comment-applying-virtual-answers-real

As for someone else's comment regarding whether commerce on second life 
can be considered real, it is in the same sense that barter or stocks 
might be real. There is an exchange to buy Linden dollars with real 
dollars. It's a market, and market forces determine the exchange. There 
was either a court or regulatory agency decision in the last year that 
anyone operating a bank or currency exchange in second life had to be 
licensed in the real world to run a bank or currency exchange. So, it's 
not just the wild west (on the other hand, we've seen from the mortgage 
industry meltdown that deregulation can lead to a wild west scenario in 
the real world).

Just as advertising is driving a lot of the web enterprises, corporate 
PR and advertisement is in second life. I think it was Sun that had 
product announcements with an event and press conference in second life 
coincident with the press conference in the real world. Those who 
couldn't attend in person had an alternative venue.

However, I find it hard to believe that Vermont's law is specifically 
aimed at second life.



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Chris Hoogendyk

-
   O__  ---- Systems Administrator
  c/ /'_ --- Biology & Geology Departments
 (*) \(*) -- 140 Morrill Science Center
~~~~~~~~~~ - University of Massachusetts, Amherst 

<hoogendyk at bio.umass.edu>

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Erdös 4