Thursday, March 5, 2009

Fraud and Money Laundering in Second Life Virtual Worlds : Internet Business Law

 

I want to point out the difference between a real security issue to a right out hoaxVirtual worlds like SecondLife is a much different platform then the rest of how other activities are done online.  With that being said, "You can be scammed in SecondLife."

The biggest scams are the machines that promise free Lindens (L$).  Lindens are the money in SecondLife.  A person can exchange that L$ to real money.  In these free L$ machines, a person fills out surveys.  We all have filled out surveys before in real life without a fuss.  In these surveys, there is a big fuss....telemarketing.

That is right, you get phone calls, junk mail, and all sorts of pain in the ass things regarding telemarketing.  Either in a virtual world or a real one, no one gets anything for nothing, especially money.  All of us have to get things the old fashion way, "You earn it!"  There are people that have made more money in SecondLife, then in their previous career.  There is a lot of good things that are in SecondLife as they are in real life.

This is why I write articles like this one about the one-sided views of negative articles about SecondLife or whatever.  Things are not as bleak as they appear in these articles.  To know the difference between a legit financial system to a scam, here is the solution:  "if it is too good to be true, then it is a scam."

How things are done in a virtual world can be very different in how things are done in real life.  The most important aspect of SecondLife there is no real government regulations as in real life.  There is order, but SecondLife is governed by the owner of the land or simulation.  Linden Labs gives all autonomy to these owners.  If you have any complains in SecondLife, talking to these owners.

As far as how crime is committed in a virtual world is much different then in real life.  No one can right steal anything.  If one sells things in SecondLife all that needs to be done is set permissions on how those items are governed.  Another words you can keep others from selling, coping, or modifying the items that you have created.

How crimes are committed in SecondLife is getting another person to do something on its own merit.  Be aware that there are hoaxes going around.  Like with computer virus hoaxes, there are hoaxes of certain people doing things that really cannot be done in SecondLife.  The owner of a land can control permissions on what visitors can do on his/her land.  This cannot be overridden by any script or coding.

Hopefully this issue is cleared up, so what is SecondLife all about?  There is a lot out there that states that SecondLife is a game.  I can assure you, it is much more than a game.  You can have fun in SecondLife and take part in 3-D virtual roll playing games, but it is much more than gaming.  Like I have stated, people can make real life money in SecondLife.  Many major corporations are in SecondLife with their own world: Cisco Systems, Intel, IBM, several universities, etc.

SecondLife is a true metaverse of all sorts of things.  It truly is a second life.  SecondLife is simply an extension of real life.  It can be just as real as anything else.  It is how much one puts into this 3-D virtual reality that makes all the difference.  Doing business in SecondLife is not a get rich quick scam.  It takes  a lot of time and hard work to make real money in SecondLife.

 

Here are some great videos about from YouTube on SecondLife:

Virtual Iowa
Business lessons from the success of Second Life
Fraud and Money Laundering in Second Life Virtual Worlds : Internet Business Law
Tribute Video - Second Life (For the Doctor Who Fans in RL & SL)
Second Life The Purple Rose Theatre
IEEE Islands in Second Life (2009.02.10)

 

There is a lot more that can be said or shown about SecondLife and what one can do inworld.  The only real way to learn these wonders is create a free account, download the SecondLife player, and experience all that SecondLife has to offer.

 

Blessed Be to Isis and you,

 

 

Real Name:  Brandon Bowers

 


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