media

I've had a few glitches tuning into the stream today, but I got to listen to good friend of Metaversed's, Draxtor Despres', new media play, VWRN.net this weekend. We've been speaking about it for a while, so it's good to see it off the ground! Draxtor launched the network at this year's Second Life Community Convention in Chicago, and on the as yet unpublished Virtual Worlds Podcast for this week, both Caleb and I agree it hits the mark!

You can hear our thoughts tomrrow, but I did want to congratulate Draxtor and the team on a job well done...

Wise Metaverse (a virtual world company owned by Arbitrage Wise) has purchased SLReports for L$2.6 million, or about US$10,000. In addition to SL Reports, he also owns the banking company JT Financial, and FindALancer.com, an outsourcing website.

Arbitrage Wise's motivation for the acquisition is both to diversify and to incorporate the website into a larger virtual world advertizing scheme. Through JT Financial he's managed to place ATM machines around Second Life which all have the ability to carry automated advertizing. Now, with the addition of SLReports and large in-world groups, they'll be able to offer a more well-rounded package.

Arbitrage's accomplishments deserve further scrutiny. Be sure to check in with Metaversed for more about one of the virtual world's more impressive entrepreneurs.