Real Economy Still Sucks; Virtual Economy Booming

By Melissa Lafsky | October 5, 2009 12:38 pm

SL-Store-WebThe economy may still suck in real life (even if we’ve managed to avoid a Great Depression redux) but in Second Life, it may as well be 2006. New Scientist reports that Americans will spend $621 million (in real dollars) in virtual worlds this year, while the Asian market is dropping an estimated $5 billion (which also fuels the Internet addiction rehab market). Second Life in particular is raking it in with $144 million in transactions in the second quarter of 2009—a 94 percent increase from last year.

What virtual goods are all these real people buying? Well, just about everything, from clothes to art to buildings to sports equipment to…sex gear. Lots of sex gear. And some users are making serious money. As NS puts it:

With its users swapping virtual goods and services worth around $600 million per year, Second Life has the largest economy of any virtual world – which exceeds the GDP of 19 countries, including Samoa.

Give it a couple more years and it might even be too big to fail.

Related Content:
Reality Base: People Are Racist in the Virtual World, Too
Discoblog: When Technology Gets Creepy: Giving Birth in Second Life
DISCOVER: Can Training in Second Life Teach Doctors to Save Real Lives?

Image: Courtesy of Linden Labs

CATEGORIZED UNDER: Technology Attacks!
  • http://www.pookymedia.com/ Pooky Amsterdam

    Not only is the economy booming for virtual goods, but the platform is emerging for entertainment, shows, series, training films and much more. There is fantastically intelligent science based quiz show broadcast live & archived out of Second Life.
    Discover Magazine itself being a wonderful source of material – http://www.the1stquestion.com/

  • Pingback: Real Economy Still Sucks; Virtual Economy Booming | Discoblog … | Portal site of Second Life and metaverse"MetaLog-meta log"()

  • Pingback: Second Life Blogger | Second Life News | Second Life Reviews | Second Life Gossip |()

  • http://forums.funny-games.biz/member.php?u=925028 buy tramadol

    Where it is possible to buy the, buy tramadol online [url=http://forums.funny-games.biz/member.php?u=925028#1]buy tramadol online[/url], 90977,

  • http://www.about.me/jonasdatingaikene Discount jonas dating aiken

    Only, http://www.about.me/jonasdatingaikene Discount jonas dating aiken, 71278,

  • http://www.about.me/jonasdatingaikene Discount jonas dating aiken

    Good Job, jonas dating aiken now [url=http://www.about.me/jonasdatingaikene#1]jonas dating aiken now[/url], 91583,

  • http://www.about.me/lastminutevalentines last minute valentine gifts

    :-(, last minute valentine gifts [url=http://www.about.me/lastminutevalentines#1]last minute valentine gifts[/url], :]]],

  • http://www.about.me/oneyearanniversaryge one year anniversary gift for boyfriend

    Nice, http://www.about.me/oneyearanniversaryge one year anniversary gift for boyfriend, 8)),

  • http://www.about.me/homemadechristmasgia homemade christmas gift ideas free

    Give somebody the to a site about the, First homemade christmas gift ideas [url=http://www.about.me/homemadechristmasgia#1]First homemade christmas gift ideas[/url], 8-[,

  • http://www.about.me/militarypaycharte military pay chart here

    Thank you, http://www.about.me/militarypaycharte military pay chart, =(((,

  • http://www.about.me/samplepaystubsa sample pay stubs

    I bookmarked this guestbook., sample pay stubs information [url=http://www.about.me/samplepaystubsa#1]sample pay stubs information[/url], kmg,

  • http://www.about.me/samplepaystubsa sample pay stubs information

    I like your work!, Real sample pay stubs [url=http://www.about.me/samplepaystubsa#1]Real sample pay stubs[/url], xsxugo,

  • http://www.about.me/powerballwinningnuma powerball winning numbers here

    Perfect work, powerball winning numbers here [url=http://www.about.me/powerballwinningnuma#1]powerball winning numbers here[/url], vyc,

  • http://www.about.me/phonenumberbelongsta phone number belongs to for you

    Best Wishes!, phone number belongs to [url=http://www.about.me/phonenumberbelongsta#1]phone number belongs to[/url], 514,

  • http://www.about.me/phonenumberbelongsta phone number belongs to

    It is a very good thing, http://www.about.me/phonenumberbelongsta Real phone number belongs to, ngf,

  • http://www.about.me/famousadvertisingsls famous advertising slogans

    Excellent site. It was pleasant to me., http://www.about.me/famousadvertisingsls famous advertising slogans for you, 8-DD,

  • http://www.about.me/famousadvertisingsls famous advertising slogans

    Best, famous advertising slogans [url=http://www.about.me/famousadvertisingsls#1]famous advertising slogans[/url], cfhjux,

  • http://www.about.me/whatisthedifferences Discount what is the difference between adipex and phentermine

    I have the same., what is the difference between adipex and phentermine here [url=http://www.about.me/whatisthedifferences#1]what is the difference between adipex and phentermine here[/url], 234,

  • http://www.about.me/howlongdoesittakecia how long does it take cialis to work now

    I like it so much, how long does it take cialis to work now [url=http://www.about.me/howlongdoesittakecia#1]how long does it take cialis to work now[/url], >:-(((,

  • Pingback: mavrodim()

  • http://www.about.me/tramadolmoreaddictie tramadol more addicting than vicodin here

    Beautiful site, http://www.about.me/tramadolmoreaddictie tramadol more addicting than vicodin, %-],

  • http://www.about.me/tramadolmoreaddictie tramadol more addicting than vicodin

    best for you, http://www.about.me/tramadolmoreaddictie Real tramadol more addicting than vicodin, gnyu,

  • http://www.about.me/howlongdoesittakeade how long does it take adipex to work

    Incredible site!, http://www.about.me/howlongdoesittakeade how long does it take adipex to work for you, %(,

  • http://www.about.me/prescriptionandconse Real prescription and consultation online for adipex

    Best Wishes, http://www.about.me/prescriptionandconse Real prescription and consultation online for adipex, =-]],

  • http://www.about.me/canyousafelytakealee Only can you safely take a levitra along with a penile injection

    I have the same., can you safely take a levitra along with a penile injection [url=http://www.about.me/canyousafelytakealee#1]can you safely take a levitra along with a penile injection[/url], 181725,

  • http://www.about.me/canyousafelytakealee Only can you safely take a levitra along with a penile injection

    Real, http://www.about.me/canyousafelytakealee Only can you safely take a levitra along with a penile injection, %-O,

  • http://www.about.me/howlongdoeshydrocode how long does hydrocodone stay in the bloodstream

    Best Wishes, how long does hydrocodone stay in the bloodstream [url=http://www.about.me/howlongdoeshydrocode#1]how long does hydrocodone stay in the bloodstream[/url], :(,

  • http://www.about.me/doesdiovanhavesignia does diovan have significant side effects

    Great, http://www.about.me/doesdiovanhavesignia Best does diovan have significant side effects, 836,

  • http://www.about.me/howlongdoespercocete how long does percocet stay in your system price

    really great sites, thank you, http://www.about.me/howlongdoespercocete how long does percocet stay in your system, :O,

  • http://www.about.me/darvocetwithoutaprea darvocet without a prescription

    Only, darvocet without a prescription information [url=http://www.about.me/darvocetwithoutaprea#1]darvocet without a prescription information[/url], =[[,

  • http://www.about.me/darvocetwithoutaprea Only darvocet without a prescription

    Real, http://www.about.me/darvocetwithoutaprea darvocet without a prescription information, gqhv,

  • http://www.about.me/ariceptsideeffectsi aricept side effects price

    Thank You, aricept side effects [url=http://www.about.me/ariceptsideeffectsi#1]aricept side effects[/url], 0123,

NEW ON DISCOVER
OPEN
CITIZEN SCIENCE
ADVERTISEMENT

Discover's Newsletter

Sign up to get the latest science news delivered weekly right to your inbox!

Discoblog

Quirky, funny, and surprising science news from the edge of the known universe.
ADVERTISEMENT

See More

ADVERTISEMENT
Collapse bottom bar
+

Login to your Account

X
E-mail address:
Password:
Remember me
Forgot your password?
No problem. Click here to have it e-mailed to you.

Not Registered Yet?

Register now for FREE. Registration only takes a few minutes to complete. Register now »