Friday, July 6, 2007

To buy or not to buy ? That's the question !

Here comes a topic I wanted to post about for a while. Shall I buy land or not ? So here comes a cost - benefit analysis of a piece of virtual land.

The cost part is easy. The first condition to buy land is to have a premium account. Basic membership does not allow for owning land. The cost of a premium account is 9.95 US$ per month, approximately 3000 L$ per month. Good point is that this fee can be payed using L$, but 3000 L$ per month is more than what I earn if I respect my daily minimum. I know I earned more than that within last month, but this fee would be quite heavy given my current fortune.

Then, there are monthly costs based on the owned square meters, but up to 512 square meters, it's free. Finally, one must add the cost of buying, which depends of the spot.

One other important cost aspect is that preparing the land, building a nice place, and putting items would consume much time, which is not exactly my goal... remind the "no / minimal effort" rule ?

On the benefit side, owning land grants kind of a permanent presence in SL world, which opens some interesting possibilities, like:
1) Having permanent adverts for the blog
2) Distributing notecards to visitors on a 24 / 7 basis
3) Have a donation device / tip jar for people wanting to support the project
4) Sell items even when offline

The big issue is to evaluate how much income this could generate...

So, as this would cost me half of my present money, for an unknown income, I will probably postpone that project.

Thursday, July 5, 2007

Up and down of region restart

I had two camping sessions interrupted today because the region was going down.

The first one was quite bad, as it was soon after I left home for office, so I had low earnings, and no way to restart it. The second one was a bit better, beacause was back from work, and able to notice it quickly as I was on the mac doing some e-mail processing.

Your question now is certainly "how can it be good to have a camping session interrupted ?" Because I was able to be amongst the first avatars to rejoin the region when it restarted, and then I could have top spots on dance dance, with the best earning rates of all ! So yes, there are some good aspects in region restarts, if you're able to react to them quickly !

Tuesday, July 3, 2007

Live from the other side of Europe

As announced, I'm in eastern europe, in an ex-communist country for a work event, but the hotel appears to have free wifi in the lobby, so I checked my account. The daily income from new group memberships in "Free Money from JohnLight" was 21 L$, so I decided to top it off by playing number guessing, so I did reach the daily 30 L$ objective !

I guess I'm getting a bit obsessive about this quest for 1'000'000 L$, don't I ? Anyway, this was the post from far far away from home, and despite being small, the daily minimum has been done, and deposited by Ginko.

Monday, July 2, 2007

Let's have a short break - 5722L$ by Ginko - 50 Group members

Lots of things happened since I've been banned from Platinum because of detailling their payrates.

Thanks to the group, I found a new good campsite called Xero Party, which is located on Willow Beach 245, 238, 21. They have three Dance Dance with rates of 3-3-2-2-1-1. So no pad paying zero, so no time wasted. However, they are limited to 100 L$ per dancer.

Nevertheless, other good new is that the 50th member joined the group, so the campsite sharing amongst members of "Free Money from JohnLight" will continue to increase.

I will be out of this business for two days, but I will also profit from this time to assess what went on until now, and see if any new strategy could help me get the million even quicker.