Unconventional Investment Idea: Second Life Real Estate

If you're looking for an investment off the beaten path I've got one for you. I recently discovered an MMORPG called Second Life. Apparently people all over the world are buying and selling digital real estate in the Second Life universe. I’ve read reports of personal assets worth as much as $250,000 and yes, some property moguls are making serious cash! Second Life supports an economy with a GDP of at least $180,000,000 and processes transactions worth as much as $600,000 real American Dollars.

Players make money by selling game enhancements like in game language translators or renting out premium apartments in mountain villages to other players for Linden Dollars, the official currency of Second Life. Players take profits by exchanging their digital Linden Dollars for real money on the Linden Dollar Exchange. The Linden Dollar Exchange is a literal currency exchange that floats Linden Dollars against American Dollars.

Second Life Currency Exchange
CNN's Article on the Second Life Economy
Article on Taxing Virtual Assets