It's all over the net, if you didn't know what second life was last month you probably do now. Anshe Chung has made $1 million in selling virtual realestate in a game called second life. So what is second life?
Second life is like the Sims on steriods. The game is comepletely free to play and has over 1 million users that log in over the course of a day. You create a character and customize the way you want it to look. This games character creation is beyond perfect. If anything can actually be salvaged from this game, it's the character creation. You will find yourself tyring to decide if your character looks better with high cheek bones, low cheek bones, big or small jowls, pale to black skin, egg shaped head, rounded or more square head, a flat or rounded forehead, arched or straight eyebrows, eye spacing, a lot of freckles or no freckles......you get the point. Anything you can imagine customizing on your character is possible. I have played a lot of games that allow character creation but nothing comes close to what second life has to offer.
After you spend the first several hours customizing your character, you are then cast out to experience the world. The world is created by the inhabitants of second life and is continually growing. You can drive a car, go to a club, get a job, watch porn, watch porn or watch porn. The majority of the 'business's' that make up second life are dance clubs, porn spots and casinos.
There could be more that this game has to offer, but we just haven't been able to spend enough time it to find anything but casinos and porn spots. So, whats the purpose of all these places? Do people actually find it fun to run a casino? I don't think they really care if it's fun or not, all they are concerned with is making L$ (linden dollars, the in-game currency). It just so happens that players are able to exchange the L$ for REAL US $$. Thats right, play a game to make money. If ever there was a game to do it in, this would be it. But don't get your underpants in a knott, making L$ isn't very easy. There are several spots all over the place that allow you to spend 10-30 minutes sitting in one spot to earn a quick 1L$, but aside from that getting L$ is much like making money in real life.....if not worse. Find a job and keep at it, eventually you should have enough L$ to actually enjoy the finer parst of the game.
Anshe Chung, virtual real estate broker made $1 million dollars. Simply by creating houses, islands and other objects that were sold with L$ and converted into US $$. Now guess what? The amount of people who play second life have skyrocketed ( I wonder why). There have been several rumors floating around that people, besides Anshe, actually make a living off of this game.
We just don't buy it.
Is there money to be made in Second Life? Yes, it is possible to become very wealthy from playing second life. But, it's probably not going to happen. Probability and possiblility are two entirely different things. Right now, if you were to jump in all the hype and bust out a well thought out business that fullfilled a need in great demand you could probably cash in and laugh all the way to the bank. But if your new, forget it. There are just to many things to learn and learning how to do things will cost you L$! It's like real life, nothing is free!
So, if your thinking about playing Second Life to be the next Anshe Chung, good luck! The market is so small that the 'top dogs' already have out out gunned. Advertising and competing has no bounds in this world! Even then, don't expect to make a lot of money over night. Thats not how it's going to work. Build a shop, set up your items and hope they sell....that pretty much sums it up. You can sell anything from clothes to character animations.
If you want to make money with this game, you better set up shop quick. It isn't going to take to long before you start seeing shops in different places offering the same items.

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