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November 29, 2006
Update on “My Second Life” (11/29/2006): My Second Life's First Millionaire!!!
Update on “My Second Life” (11/29/2006)
If you look at the October Archives, you can read about the virtual on-line world of “My Second Life.” In “My Second Life,” there is this woman, Anshe Chung, who owns acres and acres of land in the virtual world of the game. Her real-world persona, Ailin Graef, has become the first player in the game to actually become the first millionaire in the real world. In the game, she became a baroness who designed and developed a lot of appealing land and buildings, and made money that way.
Now, she actually has begun her own company called Anshe Chung Studios. Her achievement was developed over a period of two and a half years from an initial investment of $9.95 for a Second Life account by Anshe's creator, Ailin Graef. Anshe/Ailin achieved her fortune by beginning with small-scale purchases of virtual real estate which she then subdivided and developed with landscaping and themed architectural builds for rental and resale. Her operations have since grown to include the development and sale of properties for large scale real world corporations, and have led to a real life "spin off" corporation called Anshe Chung Studios, which develops immersive 3D environments for applications ranging from education to business conferencing and product prototyping. This is just another example of how anyone can potentially make money from virtual things on the internet, such as gamers who sell virtual “items” that are useful in games such as Diablo and World of Warcraft.
Posted by dww6 at November 29, 2006 12:00 AM
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