Showing posts with label crisis. Show all posts
Showing posts with label crisis. Show all posts

Wednesday, February 12, 2020

Mieville in Trouble Due To Missing Landowner


The Mieville steampunk community is facing a crisis: the disappearance of the landowner, Perryn Peterson. After a tip, I joined the community group, and in a notice from February 3, read the following.

As many people know Mieville is facing a challenge. Our beloved Mayor went into hospital at the end of December and has not returned. There is a lot of uncertainty about how we should respond but some careful evaluation of where we are right now may help us plan what to do if the unthinkable has happened.

The rest of the notice talked about coming up with a plan about what to do. A later notice discussed about talking about the situation with a Linden.

I ended up contacting Wyvern Dryke, also known as Wyvvy. "Perryn is on extended medical leave," he told me, " Other than that, we have no news.  He left for the hospital on Dec. 28, 2019. He was sick with a severe flu for six weeks prior. We never heard anything after he went to hospital.  For all we know, he's in some rehab center on a drip tube. No one, including his partner, has any RL information to contact him."

So what are the people doing? Wyvern told me they were in the middle of making a backup plan. How much time did they have and how much slack would Linden Lab give them? "We have no idea how much time. LL won't tell us. But they said they'd be wiling to 'work with us' once the rent dries up. In the meantime I am keeping everything going forward like it was before: all events, Social Night, feeshing, etc." While some residents had left the estate grounds, others were staying. The local church was making plans for Ash Wednesday. Wyvern added, "We have Steam Hunt and Steam Expo 2020 opening on March 1. Lasts until March 31. Then in May we have Anxiety Awareness Art Festival." They were still accepting merchants for the Steam Expo, of which info can be found at Mieville Shelley (65/64/1035).

Overall, the mood was optmistic, "Everyone in Mieville is putting forth great effort.  Our meetings on Monday are crowded with concerned citizens willing to discuss Mieville's future.  We all miss Perryn and wish for him to return, but in case he doesn't, we are willing to figure out a new future."

Hat tip: Laraa Short

Bixyl Shuftan

Monday, July 8, 2013

The Third-Party Linden Exchange Services Two Months Later


It's been about two months since the Linden Exchanger Crisis in which Linden Lab briefly 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.

In terms of Euros per 1000 Lindens, the top three exchangers were The Teledollar Cash Service, The Podex Exchange, and the ELDEXchange. Teledollar made the top of the list at 3.34 Euros needed to buy 1000 Lindens. Podex was second at 3.40 Euros. But, Teledollar only did business with US Dollars and Euros. The Podex Exchange worked with those and more, British Pounds, Japanese Yen, Russian Rubles, and more. Recently, they have began accepting Mexican and Colombian Pesos and Peruvian Nuevo Sols.

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.

Bixyl Shuftan

Monday, June 3, 2013

List of Authorized Linden Sellers Expanded, Podex Back in Business


By Bixyl Shuftan

Almost a month after Linden Lab sparked a crisis by changing their terms of service to shut down Third-Party Linden exchangers, and over two weeks since an initial five "Linden Resellers" were authorized to do business, the list of companies residents can buy Lindens from has been noticeably extended. It's possible to once again possible to do business with many of those who shut their doors, or in the case of Podex had the doors shut for them despite repeated attempts to negotiate with the Lab. Podex is among the exchangers now back in business as "Authorized Linden Resellers."

"We are very happy to announce that Podex has been given permission to sell Linden dollars as a member of the Authorized Reseller Program" Jacek Shuftan stated on the Podex Website, "All our clients are welcome to buy Linden Dollars again."

Besides getting it's main source of business in Second Life back, the Podex Exchange has also made a deal with the OpenSim world "Virtual Highway." On this world which recently passed the landmark of one thousand registered users, Podex now offers business buying and selling Virtual Highway Dollars (V$) in addition to Visa cards and the "possibility to earn your own profit in our affiliate program."

Not all of the Third-Party Exchangers have been allowed to return to business yet. Some, such as Moneyslex and the Brando Estate's exchange service are still closed. But for the customers of many once-closed exchangers, their bank is back in business.

The Podex Exchange (http://www.podex.info/) is a sponsor of Second Life Newser.


Sources: Second Life Wiki, Hypergrid Business

Bixyl Shuftan

Friday, May 17, 2013

Linden Lab to Allow Several Third-Party Exchange Services to Reopen, Podex Still Closed.


In a partial reversal of it's earlier ban, Linden Lab announced earlier today that they will be allowing Third-Party Linden exchange services after all. But so far, only five of the many exchangers have met their approval. Plus, the services now operate under tighter and more limiting terms and conditions.


Now, to give users more options and make it easier to purchase L$, we’re launching a pilot program of Authorized Resellers of L$. These sites are authorized by Linden Lab to purchase L$ on the LindeX and then resell those L$ using a variety of international currencies and payment methods. To be clear: per the Terms of Service, these resellers will not be allowed to purchase L$ outside of the LindeX (i.e. they will not be able to buy L$ back from users and cash people out). The list of Authorized Resellers participating in the pilot program is available here.

So far, only five exchange services, now officially called Linden Resellers,  have been approved by Linden Lab. They are AnsheX, Buildo, vForEx, VirWoX, and ZoHaIslands. As of the writing of this article, only two had operational ATMs, Bulido and ZoHa. ZoHa announced the news on their blog, "We are proud to announce that ZoHa Islands became today an Authorized Reseller of Linden Dollars," followed by a short description of what this means and the conditions.

The Podex Exchange, which was shut down early Friday morning, was not among the approved exchange services. On the Podex site, Jacek announced they had applied to become an official reseller, but were still stopped from doing business. On "Hypergrid Business," he stated, "Undoubtfully, it is a great news for residents who are not able to use Linden Lab payment methods. ... It will lower the profits of independent exchanges but gives a sparkle of hope that we can continue our virtual existence."

The new terms and conditions are more limiting for the exchange services than before. From now on, they can only get their Linden Dollars from the official LindeX Exchange, and nowhere else. They can no longer buy back Lindens from residents for US dollars or any other currency.

These new terms mean Linden Lab now has a more tighter rein on where it's Linden dollars go. It's very likely they were made with the US Treasury Department's FinCEN (Financial Crimes Enforcement Network) new guidelines about virtual currency in mind. Other conditions include resellers taking steps to "take commercially reasonable steps to prevent and deter credit card and similar types of fraud." They're also required to make sure no business is done with or anyone from any country with which the United States has an embargo with, such as Cuba or Iran.

The new terms have one serious weakness. With residents unable to sell Lindens to anyone but the Lab, Second Life business owners dependent on Third-Party exchangers to convert Lindens to real currency are still out of luck. It's possible that there may be changes in the terms and conditions in the near future to allow this.

So why didn't Linden Lab offer something like this earlier? A few residents in forum threads and article comments thought the Lab was genuinely surprised by how many expressed anger at the move and how many were dependent on the Third Party Exchanges. Other posters expressed suspicion that all this was really about FinCEN, feeling profit was their main motive, noting everyone would have to use LindeX, including the resellers, one poster on SL Universe commenting, "This is a brilliant plan to let Anshe stay in business … ACS and the other land barons have all this L$ they get directly they can sell. Everyone else has to buy it on the Lindex, mark it up, and resell it."

Residents are breathing a sigh of relief, but Linden Lab has once again shaken the confidence of Second Life's users.

The Podex Exchange (http://www.podex.info/) is a sponsor of Second Life Newser.

Links:  Official forums, SL Universe forums, Gwyneth LlewelynHypergrid Business, New World NotesHamlet Au,

Bixyl Shuftan

Monday, May 13, 2013

Most Third-Party Linden Exchange Services Close, Only Podex and AnsheX Remain


By Bixyl Shuftan

In the aftermath of Linden Labs changing it's Terms of Service concerning Third Party exchangers of Linden dollars, just about all have closed their doors. A number gave statements saying they  were wary of the Lab's wrath, such as the DX Exchange, "the TOS gives us a 30 day period … However, we so realize that with blocking our avatars Linden Lab can disable our business within seconds. We also realize that we put our clients at risk to lose their Lindens in case we annoy Linden Lab." CrossWorlds stated that they would complete orders that had already been placed. But most were no longer making new transactions.

Two Third-Party exchange services remain. One is AnsheX, owned by noted Second Life baron Anshe Chung. Their only response from them on the matter was reportedly their support staff saying "nothing has changed" and they were buying and selling Lindens as before. The other is the Podex Exchange, owned and run by Jacek Shuftan. Jacek lives in Poland in real life, but has registered Podex as a business in Delaware USA. In a press statement over the weekend, Podex stated the following:

Despite the dark clouds over independent third party exchanges, Podex Exchange continues its normal work selling and buying L$. The only change is stricter security policy which can cause delays with some transactions. We are sorry for it. We also want to assure our clients that not only their real money and linden dollars are save with us but also their personal data. Our policy of not requiring any registration to use Podex services have always guaranteed maximum security. We just have nothing to be stolen. To remain in total compliance with Linden Lab regulations and The Financial Crimes Enforcement Network (“FinCEN”) guidance our legal office started preparing application process to become officially registered money services business (MSB).

So why did Linden Lab change their terms of service? In his "Modern Payment Systems" blog, Alex Kadochnikov stated as an issuer of virtual currency, Linden Lab had to register with the Financial Crimes Enforcement Network (FinCEN). The penalties of not registering, were listed as pretty steep.

(a) Whoever knowingly conducts, controls, manages, supervises, directs, or owns all or part of an unlicensed money transmitting business, shall be fined in accordance with this title or imprisoned not more than 5 years, or both.

But would Linden Lab really have gotten in trouble because of unregistered Third-Party exchangers? It seems they're not taking chances. In the comments following his article, Kadochinikov didn't feel all the panic was necessary, "I really do not know why they (won't) just register and spend a few dollars in compliance with regulations." Hamlet Au expressed puzzlement as to why "the company hasn't specified this is the reason for it's policy change." A reader commented that the Lab doesn't normally explain things to the residents these days, "the company has abandoned any pretense at communicating with actual customers, so it may just be their usual stony silence."

Perhaps as time goes on, more Third-Party exchangers will register in compliance with FinCEN. But for now, two exchangers independent of Linden Lab remain open for business as an alternative to LindeX. So residents unable to get Lindens from the Lab still have two alternatives. And those reluctant to deal with Anshe Chung still have Podex.

The Podex Exchange (http://www.podex.info/) is a sponsor of Second Life Newser.

Sources: Google sites, Money Payment Systems,

Bixyl Shuftan

Friday, May 10, 2013

New Terms of Service Could End Third-Party Linden Exchange Services, Leave Many Non-US Residents Without Means To Buy Lindens


By Bixyl Shuftan

On Tuesday, Linden Lab announced in their blog they were updating their Terms of Service. Normally, it's just some small details. But the latest change could mean the biggest change to Second Life's economy since the gambling ban years ago.

To get Linden dollars, one could always get them from Linden Lab, the process done through it's Linden Exchange or LindeX. But they are far from the only means for residents to get Lindens. Other exchange services, or Third-Party exchange services, have sprung up over time, offering residents easier and quicker means to get virtual cash.

In the old Terms of Service, Section 5.3 read as the following:

There are other Linden dollar exchanges that are operated by third parties. Linden dollars are occasionally Bought and Sold on third party exchanges, which are wholly distinct from the LindeX exchange. Unless specified by Linden Lab, these exchanges have no affiliation with Linden Lab. We do not guarantee the legitimacy of the Linden dollar transfers offered on them, and we are not liable for purchases of such Linden dollars. You purchase Linden dollars from such sites at your own risk. If you Buy Linden dollars that are traced to unauthorized credit card activity or other fraudulent activity, we will recoup these Linden dollars from your Account.

In the new Terms of Service. Section 5.3 deals with new rules concerning third-party exchange services.

Third party exchanges are not authorized by Linden Lab and Buying or Selling Linden dollars on third party exchanges are not authorized transactions. Third party exchanges are wholly distinct from both the LindeX exchange and Linden Lab and they have no affiliation with Linden Lab. We do not endorse or otherwise guarantee the legitimacy of the Linden dollar transfers offered on them, and we are not liable for purchases of such Linden dollars. Buying or Selling Linden dollars anywhere other than the LindeX is done so solely at your own risk. If you Buy Linden dollars that are traced to unauthorized credit card activity or other fraudulent activity, we will recoup these Linden dollars from your Account. The only authorized exchange is the LindeX.

There were numerous comments from the articles on New World Notes and Vaki Zenova's Blog, in addition to the SL Universe Forum and the official forums. The response was virtually 100% negative, with many residents expressing anger. Some were confused at first wondering if the Lab was just not accepting further responsibility for Third-Party Exchanges, then word began going around that they would be clearly not allowed. There were two issues of complaint. One was that LindeX didn't give you your Lindens instantly, but could take a week or more to pay up. But the bigger issue was the ability to get Lindens at all. A number of residents outside the United States complained using the LindeX was difficult or just couldn't be done. The end of Third Party Exchangers would mean the end of their buying Lindens. For those with no job on the Grid, no more shopping beyond freebies, and no more paying tier or rent for land.

The reaction by the Third-Party Exchange Services varied. Many of them have shut down trading in Second Life. VirWoX, popular among Europeans, stated the following:

Linden Lab has recently changed their Terms of Service. Under the new rules, we will no longer be able to offer our service to Second Life residents. Linden Lab insists that our in-world terminals (ATMs) have to be removed. This means that we can currently not accept Linden Dollars from Second Life or pay Linden Dollars to Second Life. Other virtual currencies are not affected. We will post updates here as the situation develops. Please refrain from sending us support messages about this issue, at the moment we will not be able to give you more information.

Other Exchanges are still operating. This includes the Podex Exchange, Jacek Shuftan told Hypergrid Business, he intended to continue trading for the thirty days until the new Terms of Service go in effect, "We find it not fair to stop our activity in one day without prior notice to our customers. … Podex Exchange has built trust and reputation for many years, and we are not going to destroy it in one day."


I met up with Jacek, who had more to say on the matter, "Really strange move of LL. … I really do not understand (their) motives. We are all waiting for (the) official statement as (the) ToS does not forbid Ls exchange, but (the) post on (the) blog does." He stated As first the blog post didn't ban them, but it was soon edited so it stated there was a ban.

Jacek felt Linden Lab would lose a *lot* of income over their move, "my clients, mainly from Europe, tell me if they cannot buy from me or other exchanges, they will not be able to buy at all. They use prepaid cards, or just send money to bank accounts, or by SMS." Jacek felt if profit was the main motive of the Lab, they could still have allowed alternative payment methods that weren't competitive with Lindex. He was wondering if another reason, if not the main one, was pressure by the US Department of the Treasury with their issuing of "guidelines" about virtual currency, "We just do not know, and we are all waiting for an explanation, and a way to find a sensible solution."

The following day, Gemma Cleanslate reported that a Podex ATM at a multi-exchange hub wasn't working.  The ones in the Podex main office at Coda worked normally.

More to come on what is clearly a major change to the Second Life economy.

The Podex Exchange (http://www.podex.info/) is a sponsor of Second Life Newser.

Sources and other articles, Inkline Media, Hypergrid Business, SL Universe, New World Notes, Official Linden Forum (LindeX Has No Instant Cashout), Ciaran Laval (ToS) (3rd Party Fallout), Modem World,

Bixyl Shuftan

Thursday, March 24, 2011

Japan's Nuclear Fashion Disaster

With the recent devastation in Japan, people in both the music and fashion industries have been offering their support. Any1 Gynoid reports on the Pacific Crisis Fundraiser, which raised a total of over a million Lindens on it's first day alone!

Read Any1's story in Events.