Tilia LLC gains strategic investment from J.P. Morgan

Tilia LLC, founded by Linden Research Inc., as a wholly-owned subsidiary specialising in virtual currencies and providing money services business solution to virtual platforms, has announced it has gained strategic investment from J.P. Morgan Payments, a part of the world’s largest bank (by market capitalisation), JPMorgan Chase.

Tilia has been running Second Life’s US $650 million dollar economy for the past seven years, handling over US $86 million is payments to users in the last 12 months alone. Tilia’s services have also been used by the likes of Sansar, Upland and Avatus, and leverages in partnerships with Unity (allowing Tilia’s API and services to be made available to Unity developers as an integrated end-to-end payment solution) and Applovin.

E. Drew Soinski, Senior Payments Executive, Managing Director at J.P. Morgan Payments joins the Board of Tilia LLC

While an (unspecified in dollar terms) minority investment, J.P. Morgan Payment’s involvement is liable to allow Tilia to increase pay-out methods and the number of currencies it can support, thus allowing it to provide a pay-out in local fiat currency for creators to pretty much anywhere credit cards work.

The deal has been in motion for almost a year, with effort being put into ensuring Tilia’s services are interoperable with those of J.P. Morgan Payments as well as structuring the overall financial elements of the deal. With its completion, E. Drew Soinski, Senior Payments Executive, Managing Director at J.P. Morgan Payments, has  joined Tilia’s board of directors, serving alongside Brad Oberwager, Raj Date and Aston Waldman, who is also the company’s CEO.

From Tilia’s perspective, the partnership means the company will be even better placed to serve the emerging stream of “metaverse”-related companies, providing a wide range of currency services.

Tilia is money into the metaverse. It’s money moved into the metaverse and money moved out of the metaverse. And why this is so important is because you cannot have this concept of the metaverse without a social economy. It is both the social aspect and the financial aspect. Those two things must work in harmony. To do money, you need some virtual token to make money work. Money has to be rock solid. That is JP Morgan. That’s the partnership. What’s the value of Tilia? You can’t build a metaverse without user-generated content. You can’t build a metaverse without social interaction. You can’t build a metaverse without some sort of financial token that allows people to build a world.

– Tilia Director (and Linden Lab Executive Chairman) Brad Oberwager to Dean Takahashi in Gamesbeat

He further noted that in strengthening Tilia’s ability to provide these services to platforms, J.P. Morgan Payments are helping to both fuel new economies that directly benefit creators participating in them, allowing such economies to step away from the route of revenue generation through the invasive use of data farming and advertising.

“This is a good thing when creators can make money. There are people around the world who make their living by building things in Second Life …  Here’s why I think it’s so important: these universes are social economies. If you don’t allow people to make money, if you don’t allow this economy to happen, if you don’t support creators, you’re going to have to rely on an advertising model to make your world work. That is a disaster. That would be the worst thing that could hit our society — an advertising-based metaverse.

– Tilia Director Brad Oberwager to Dean Takahashi in Gamesbeat

A great strength with Tilia is that it utilises virtual tokens rather than blockchain-powered crypto-currencies. This means that it is better placed to offer day-to-day virtual currency stability. Crypto-currencies are all too often treated as a speculative securities; they are therefore vulnerable to market volatility, going up and down in value by the day. Such volatility can potentially damage the foundations of any social economy using them.

Add to this Tilia now having such a well-regarded name within the financial markets / payments environment as a strategic partner further enhances Tilia’s standing and reputation – with Oberwager noting that new clients are already “lining up”. At the the same time, the partnership provides J.P. Morgan Payments with access to a market sector that might otherwise prove difficult to access.

More on the partnership can be found in the links below:

Onceagain: a broadening artistic presence in Second Life

Onceagain Gallery, October 2022

It’s been barely a Kwarting¹ since I was last at Onceagain Art Gallery curated by Onceagain (Manoji Yachvili), with my last visit being to witness the B&W Group Exhibit (see: Onceagain with black and white in Second Life); and while a month is traditionally said to be a long time in politics, the same is very much true in Second Life. This is because in the time since my last visit the gallery has been relocated from the sky to the ground, and Manoji, and has expanded, its facilities.

Now located on the ground level of its home parcel within the Peaceful Mountains region, the Gallery comprises a number of halls and buildings separated by landscaped gardens. At the time of my visit, parts of the the gallery were still in development. However, this is to be expected because, as Manoji notes herself, she is always tweaking things and making adjustments (and in fact note that the Gallery might be closed on Mondays so that she can do so in peace) – but there is more than enough to occupy the eye even should some elements of the gallery’s lands be under development.

Onceagain Gallery, October, 2022

This being the case, the new facilities,  which opened on October 16th, 2022, comprise:

  • The Main Gallery, alongside of which is the primary landing point for the Gallery spaces as whole (although the landing point is not enforced so that all remaining gallery spaces can have their own LP). The Main Gallery provides an ensemble exhibition of art.
  • The Private Collection, which as the name suggests, features art from Manoji’s personal collection.
  • The Personal Exhibition Gallery, featuring Manoji’s own work, which appeared to be under construction at the time of my visit.
  • A “Free to Rent” gallery, which was again under construction at the time of my visit, but once available, will be available subject to guidelines offered through a dedicated note card.
  • The Artist of the Month gallery, presenting the featured artist invited to display within the Gallery’s spaces – if I am understanding Manoji’s notes correctly, may be presented in one of a number of gallery space designs, as selected by Manoji after viewing the artist’s work.
Onceagain Gallery, October 2022

In addition to the above, at the time of my visit, the north side of the parcel was marked as Under Construction both for what I took to the Personal Exhibition gallery noted above, and to what appear to be three further boutique style gallery spaces and a little caravan park.

Between and around the buildings, the setting has been landscaped as a garden space, high granite cliffs forming privacy walls along two sides, and from which water falls, some of it to feed a stream burbling and bubbling its way through the land. A good portion of the garden has been constructed using Alex Bader’s always popular Zen Garden Building Kit, with the more open lawns being home to 3D art elements again from Manoji’s own collection, whilst towards the centre of the gardens sits what appears to be an office-come-bookshop / quiet spot.

For October, the guest artist is Kika Yongho who, along with Manoji, presents a light-hearted selection of images entitled I only have eyes for the Flamingo. Kika’s images are located on the upper level of the gallery (alongside the landing point), and clicking each piece will supply a note card offering something of a story to go with the image. Four further flamingo-centric images by Manoji can be found on the lower floor of the gallery.

Onceagain Gallery: Kika Yongho –  I only have eyes for the Flamingo

Those wishing to have their art displayed at Onceagain as a featured artist should contact Manoji directly for information on how to do so – with information also being supplied via note card to those using the main landing point.

SLurl Details

  1. Kwartang (n.). A unit of measure for time in British politics named for Kwasi Kwartang, the former Chancellor of the Exchequer. It is roughly equivalent to three times the American political unit of measure, the Scaramucci – itself some 11 days in length. (Yes, folks, a touch of political humour to go with the time, if utterly divorced from the focus of this article.)

2022 viewer release summaries week #41

Logos representative only and should not be seen as an endorsement / preference / recommendation

Updates from the week through to Sunday, October 16th, 2022

This summary is generally published every Monday, and is a list of SL viewer / client releases (official and TPV) made during the previous week. When reading it, please note:

  • It is based on my Current Viewer Releases Page, a list of all Second Life viewers and clients that are in popular use (and of which I am aware), and which are recognised as adhering to the TPV Policy. This page includes comprehensive links to download pages, blog notes, release notes, etc., as well as links to any / all reviews of specific viewers / clients made within this blog.
  • By its nature, this summary presented here will always be in arrears, please refer to the Current Viewer Release Page for more up-to-date information.
  • Note that for purposes of length, TPV test viewers, preview / beta viewers / nightly builds are generally not recorded in these summaries.

Official LL Viewers

  • Release viewer: version – hotfix for Crash at ~LLModalDialog() – promoted September 15 – no change.
  • Release channel cohorts::
    • No updates.
  • Project viewers:
    • Puppetry project viewer update to version,  on October 12th.

LL Viewer Resources

Third-party Viewers


  • No updates.


Mobile / Other Clients

  • Group Tools – website unreachable since January 2022.
  • Radegast – website unreachable since April 2022.
  • Speedlight: updated to v25 on October 10 – release notes.

Additional TPV Resources

Related Links