Saturday, November 17, 2007

Virtual Reality enabling business, education, and imagination

In the 21st century, imagination and information are more important than knowledge. Linden Lab is a building a virtual world based on imagination. It builds the website secondlife.com that allows people to explore their imagination, business, education, and personal life. It has virtual economy where people buy Linden Dollar from Linden Lab, and Linden dollars can be used to buy virtual objects, real estate, and services in virtual world. Many big companies are buying real estate in secondlife.com to create 3D stores and exhibitions to show their new products. Educators are using secondlife.com to educate people in virtual reality. Virtual reality eliminates the needs for real estate and having to travel to a destination for meeting and communication. Linden Lab is making millions as more and more companies find the benefit of creating a virtual store front. Many researchers are doing research in the virtual world. There are millions of residents in virtual world. Some people are making, creating, and selling their services in Secondlife.com their fulltime job. CNN became the resident of Second life recently.

Problem: Building stores, offices, conferences, and research lab in real world is expensive
Idea/Solution: Virtual Objects + Virtual People + Virtual services + Virtual real estate + Information + Imagation ==> Virtual World
Site: http://secondlife.com/

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