project-entropia-dollars

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  • Linden trademark for credit cards

    by 
    Tateru Nino
    Tateru Nino
    08.22.2008

    Linden Lab has been granted another trademark on their hand-and-eye logo. This time for a credit card. Specifically, trademark registration 3378449 covers "Online financial services, namely, offering a fictional-dollar-denominated credit card to charge online purchases". Of course, 'fictional-dollar-denominated' would mean Second Life Linden Dollars (L$). Exactly what sort of card this might be is uncertain. You may recall that in 2006, MindArk released an ATM card for Project Entropia (now called Entropia Universe) allowing access to Project Entropia Dollars (PED) and supported by the Versatel cash-card network. There's no indication whether Linden Lab is (or was) planning a physical card, or some sort of non-physical card, how it would be backed or where it might be honored. Are you a part of the most widely-known collaborative virtual environment or keeping a close eye on it? Massively's Second Life coverage keeps you in the loop.

  • From gaming teen to virtual entrepreneur: how to cover college tuition [update 1]

    by 
    James Ransom-Wiley
    James Ransom-Wiley
    09.06.2006

    Despite devoting much of the past three years to hunting and mining, Ogulak Da Basher, or Mike, a 17 year-old from Durango, Colorado, rarely breaks a sweat. Ogulak is Mike's Project Entropia avatar who has earned more than $35,000 through hard work in the Entropia Universe, becoming captain of the "ck Coat Killers" hunting society, and creating a potentially lucrative new business model based on Ogulak's mastery of crafting weapon and mining attachments.The next step in this young virtual entrepreneur's budding career is to donate $12,000 to pay for parts of his siblings' college tuitions. Lovely story, right? But wait, before you go and sign up your future collegiate kin for Entropia accounts, know that MindArk's inspiring tales have a history of being manufactured. Think of Entropia like Poker, you might have fun playing, but chances are, you're spending dough, not making it.Update: added "Ogulak Da Basher" image.[Via Terpin Communications press release]