JosiahCole.com

Hello and welcome, to my blog.

My name is Josiah Cole, I'm a professional web designer, developer and self-proclaimed Internet guru. I own & operate COLEwebdev with my wife Desiree and am the founder of a social Internet startup; OtherWeather.com  My most popular article on this blog to date is 19 Things NOT To Do When Building a Website, a post that made it's way to the front page of Digg and Reddit a millisecond before it crashed the entire server.

Second Life – Virtual Economy Metrics

Business Tech — Josiah on February 10, 2007 at 11:22 pm

Second Life
Second Life is one of those companies that just continues to amaze me in regards to how it is connecting with ‘real’ society and also how it continues to be a very profitable and expanding business/network. Always open with their metrics, SL released a newly updated Virtual Economy Metrics Excel notebook document (what no Google Documents or OpenOffice? how 1.0 icky) highlighting their various growth patterns.


Some highlights:

Total Hours Used:
Sept 2003 51,699
January 2007 10,817,668

Currency Exchange Summary
July 2006 USD Sales: $2,203
January 2007 USD Sales: $622,839

TechCrunch is estimating that Second Life is pulling in around $670,000/month in ‘hosting revenue’ or real estate sold in SL. That’s almost 8.1 million dollars per year, and with the kind of growth they have been showing that’s only going to increase in 2007.

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