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“Second Life” is a wildly popular virtual world, where members can create animated proxies of themselves called ‘avatars’, and build homes, run businesses, and deal in virtual products and properties, all in exchange for real money (Linden dollars).
A group of 6 virtual retailers have filed a real-time law suit against a man in New York, alleging stealing and selling of copied versions of their virtual products in “Second Life”.
With over 10 million registered users, on an average, nearly $1 million is spent each day over buying food, clothes, shelter, and other virtual products.
[ Via Techtree ]