Chic at Ebbe's Place

Ebbe has stated that money between "the old world" and "the new world" will be the same and will flow freely. Whether or not there will be Marketplace-like fee, we don't know. I am guessing not, but I am not always a great guesser.

In the meantime --

This appeared on the Inworldz forums today, a copy of a message sent out by the owner of Inbiz, a long time Inworldz marketplace:

Message from Anna Debruyere
08/20/14 08:51PM
inBiz Exchange now closed. You can help inBiz.|Lindens Labs has notified me that my account that owns the terminals and processes transactions in SL (Dr Debruyere) is to be terminated.

Here is the backstory.

For a long while you have been able to move money between SL and IW by making an inbiz account in both worlds and transferring funds over via kiosks. Aside from the physical hassles, it was often almost instantaneous. Lots of new folks used the service to get money easily for shopping in Inworldz.

Now this never seemed right to me - on many levels. SL and IW are two different grids (not the SL1 and SL2 scenario above). They are owned by different people. They each want to make a profit. So smoothly transferring money from Grid A to Grid B (it only went one way because of fraud issues) never seemed like a smart business plan -- at least from LL's point of view. It also seemed to be against the Terms of Service. It was however greatly promoted in IW.

So now the folks that use their SL profits to pay their IW tier will actually have to cash out, wait and then buy Izzies. They are not happy.

To me though, it seems more fair.