30 minutes ago
Monday, July 8, 2013
The Third-Party Linden Exchange Services Two Months Later
closed down the Third-Party Exchange Services. The result from the residents was an uproar, especially from non-US residents as they often had problems buying Lindens directly from Linden Lab. Most exchangers folded when the Lindens demanded they shut down. But one, the Podex Exchange, instead tried to reason with the Lindens. It was ignored and then shut down by force. Eventually, Linden Lab partially relented, allowing the exchangers to apply for approval as Third-Party "Linden Resellers." After a few weeks, Podex was back in business.
There were concerns that the market would be dominated by Linden resellers that were subsidiaries of real estate businesses, thinking they'd be able to offer the best deals. But this has not been the case. Of the top five exchangers on the Linden Dollar Authorized Reseller Program website, only one was known for it's sales of virtual property. AnsheX, the most well known, never even made the top ten.
Podex also offer many more payment options, from Paypall, to credit card, bank transfer, and more.
So despite it's rough treatment from Linden Lab earlier, Podex is alive and well, and offering it's customers good deals.
Podex is a sponsor of Second Life Newser.