Upate May 17th: Gwyneth Llewellyn provides an analysis of LL’s move – very much worth a read.
The blog post, which covers the fact that Linden Dollars can be purchased via credit card in using some 27 currencies and which includes the Lab’s “Getting and Spending Linden Dollars” Quicktips video, reveals that the Lab is launching a new programme of “Authorised Resellers” of Linden Dollars – a move which is likely to spake the most reaction.
The post reads in part::
Now, to give users more options and make it easier to purchase L$, we’re launching a pilot program of Authorized Resellers of L$. These sites are authorized by Linden Lab to purchase L$ on the LindeX and then resell those L$ using a variety of international currencies and payment methods. To be clear: per the Terms of Service, these resellers will not be allowed to purchase L$ outside of the LindeX (i.e. they will not be able to buy L$ back from users and cash people out). The list of Authorized Resellers participating in the pilot program is available here.
If you would like to receive an application to the program when it formally launches, please send an email to LDollarSeller@lindenlab.com.
The initial list of Authorised Resellers comprises AnsheX, Buildo, VForEx Inc, VirWoX, and Zoha Islands, with more potentially to be added to the scheme – there is an invitation for other exchanges wishing to join the programme to e-mail Linden Lab.
The full terms and conditions for the new programme can be found on the SL wiki.
- More Options for Buying Linden Dollars – Linden Lab, May 17th
- Orginal blog post on ToS change – Linden Lab, May 7th
- Lab updates SL’s Terms of Service – May 7th
- ToS changes, FinCEN and speculation – May 9th
- SL ToS changes: Lab contacts TPEs; some get account suspensions – May 16th