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While most OpenSim hosting companies are cautiously optimistic about the new Gloebit currency, currently in beta testing on Hyperica and ZetaWorld grids, grid owners themselves are split on how they want to see payments evolve. Dreamland, Zetamex testing platform Dreamland Metaverse was one of the early testers of the GloebitRead More →

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It’s been a good-news, bad-news summer for Virwox, the European virtual currency exchange that used to dominate third-party Linden Dollar trading. On August 1, all third party Linden Dollar trading officially came to an end. And, before that, the Avination grid cut off its ties with Virwox, and warned users not to trade theRead More →

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If 2014 was the year of the hypergrid — and it was — then it should also have been the year of the OMC. After all, the OMC, or Open Metaverse Currency, is the only currency which works on the hypergrid and is backed by a trusted exchange, Austria’s Virwox. IfRead More →

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If you’re launching a new grid, your number one problem is lack of content. Whether your grid is a corporate office complex for your employees, a campus for your students, or a large social and roleplaying world for your residents, they all need clothes, skins, hair, shoes, furniture, productivity tools,Read More →

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The number of OpenSim grids accepting the multi-grid, hypergrid-enabled Open Metaverse Currency (OMC) has continued to grow in the first half of this year, now at an all-time high of 29 grids. Meanwhile, the number of registered users has tripled since the start of the year. In addition, the totalRead More →

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Back when 3rd Rock Grid first launched in the spring of 2008, it was one of the earliest OpenSim grids and the owners had to figure out everything on their own. The grid’s managers had to learn how to install the software and maintain it, manage upgrades, backups, modules, land,Read More →

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Austria-based VirWoX began trading Avination’s C$ virtual currency today. VirWoX is best known as a leading exchange for Lindens in Europe, and for its hypergrid-enabled OMC currency. “Given the strong growth of Avination and its clear focus on becoming a commercial grid, this looks like an interesting market to beRead More →

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In the past year, the OMC virtual currency has gained both popularity and usefulness, with both the total currency in circulation and the number of grids it’s available for use on growing. The OMC, or Open Metaverse Currency, is a virtual currency from Austria-based VirWoX  that can be used to buyRead More →

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The OpenSim economy continued to grow this month, with both the OMC currency and the I’z currency from InWorldz growing in users and transactions. The OMC, a convertible currency from Austrian virtual currency exchange operator Virwox, is now accepted on 18 different grids — AnSky Grid, Avatar Hangout, FrancoGrid, GermanGrid,Read More →

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Update: I still recommend the OMC currency, which has grown substantially since this article was first written and now used on 30 OpenSim grids. The two other currencies I mentioned — V$ and G$ — have not been getting much traction in OpenSim, and have pretty much faded away. SomeRead More →

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CyberCoinBank’s G$ is taking an early lead over the OMC multi-grid currency from Virwox. Although G$ is only accepted on 8 grids, compared to 14 grids for OMC, there is over 63 million G$ (US $210,000) in circulation, compared to just 302,037 OMC (US $1,045). There are several reasons forRead More →

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Virtual worlds run by non-profit organizations focus on providing a low-cost platform for other non-profits and individuals. To many in the non-profit sector, in-world economies belong on for-profit grids like Second Life and Blue Mars. However, some non-profits running grids on the OpenSim platform are beginning to embrace in-grid paymentsRead More →

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Two more grids have switched to the recently-released hypergrid-enabled OMC (Open Metaverse Currency) from Virwox, FrancoGrid and Avatar Hangout, bringing the total number of grids using the currency to six. The other four grids supporting the currency are Grid4Us, GermanGrid, OpenNeuland, and WilderWesten. Between them, the six grids total overRead More →