Should I sell it or hold on to the land I own in Second Life and wait out the economy?. And what about Linden Lab restructuring, does it mean they are selling Second Life, if so what can I do?
Basically, in having invested a lot of your time and money, is it still a good investment considering all the recent changes with Linden Lab and the worlds economy?
The future cannot be predicted and I'm not a 'futures' investor, so who knows but I can say this, in my opinion Second Life is a very successful business but that depends on how you measure it. By Linden Lab's measurement, I think they feel they have failed in their original intent but then they were overwhelmed with the resident/average user's output, so their original goals were sidetracked and they inadvertently switched to the unexpected resident oriented goals and LL got sloppy in going with the flow, so they had to pull up their pants so-to-speak, make new decisions and refocus on what they needed to do. By the time they did that thought, their founder had already lost interest and started a new business. This makes them seem a bit unsuccessful but wait...
After releasing their code source, LL has been successful in spawning a generation of 3d worlds, most of which are flourishing in more ways than anyone could have imagined. Search "3d world" or "open sim" and see what you come up with. Due to the current growth of open sim platforms, LL could feel that they have reached their goals and are now done and ready to move on to bigger and better things but I also think they feel an obligation to its residents and will find a way to insure creators can continue with Second Life, rather it be sold or not.
I think Linden Lab's Second Life, is ripe for sale and they may be preparing for that but they are not saying, so who knows. If sold, whomever buys it most likely will not change it much at first. They may come in with their own ideas about what's good for them and that may mean later changes. If they are smart, they will respect the solid foundation that Linden Lab is now trying to create and leave things as they are.
As for the land you now own. If it is not your sole income and something you enjoy. I would reevaluate it and make a decision to either stick it out and see what happens or sell and get out now. I do suggest you do not make a rash decision because these things are worth waiting out. I've learned that the best decisions are educated ones, so I suggest you read business news regarding 3d worlds such as www.hypergridbusiness.com.
If I currently owned land on SL, I would not sell it but maybe cut down according to what makes sense to me based on the real world economy because it has affected Second Life. Virtual land sales have taken a big hit but have you thought about marketing differently? When something we do does not work for whatever reason, it means we have to find a different way of doing it - before we even contemplate giving it up - most just give up - will you?
Quick & Dirty: Second Life Inventory Export (Bulk Backup) - Import to Opensim http://www.facebook.com/photo.php?pid=5066147&l=446ee87284&id=622664200ReplyDelete
One thing that people should absolutely do is start doing triage of their inventories.ReplyDelete
What objects could you not live without?
Export them, and put them in an OpenSim region. You can run for free on your own computer. Professionally hosted regions start at just $9.90 a month (for up to 45,000 prims) -- these aren't high-traffic, high-script regions, but good enough for storing your things. And they do backups every 15 minutes, and you can take your own OAR (region) backup anytime.
If you don't have creator rights to that object you can't live without, then contact the creator. Ask for a version you can take to OpenSim. You might need to pay a premium, or find a similar object from another content creator who is willing to give you the object in an OpenSim-compatible XML format.
Contacting creators takes time. Replacing objects takes time.
There are also third-party services that offer to do full-region backups for as little as $80 a region -- but these services may be in violation of Second Life's TOS and, in any case, will only export objects that you have legal rights to (such as signed contracts from creators giving you export permission).
Once you have your key objects backed up, you can save them on a disk, or on a Sim-on-a-USB-stick or anywhere else you like.
Then you can continue to enjoy your Second Life builds without worry of losing everything if something happens.
- Maria Korolov
Editor, Hypergrid Business
Look for a SL land agent operating in Facebook:ReplyDelete
- Lands in Second Life®
- Beach Front Realty, Inc. Second Life® Real Estate
- Second Life® Real Estate
- Four Winds - Second Life® Homes and Buildings
- Xaraz - land sales and rentals in virtual game Second Life®
- Clarisa Breen Virtual Real Estate Agency
- The Timbucks, Land Rentals for Educators in Second Life®
- Segarra Estates