How to make real money out of virtual money in your virtual world

Virtual Worlds and Entrepreneurship _Teigland

View more presentations from Robin Teigland.

I attended a very interesting event with a presentation around the topic "Virtual Worlds and Entrepreneurship" at the IVA center in Stockholm, Sep. 22.

Guest speaker was Robin Teigland, Associate professor at Stockholm School of Economics (SSES), http://www.hhs.se

Here are som quick facts (but I encourage you to view the embedded presentation).

• 579 M users
• 68 MUSD invested in 1Q 2009
• Tweens biggest user group
• 39% increase in userbase from Q1
• Games and strategy players have started incorporating on their resumes/CVs facts about what they manage and are capable of doing in the virtual world
• 2 BUSD in micro transactions
• One example, Mindark's Entropia Universe has got 780k users, 420 MUSD in revenue AND a real and virtual bank
• Another examle of how you can make money, one guy sold the virtual Asteroid Space Resort for 100k USD in 2005

Some Chinese sites on the subject;

• http://Crd.gov.cn
• http://www.Hipihi.com

Robin and SSES are using Linden labs' Second Life services, http://www.secondlife.com for education, research and cooperation with other universities. See as one example the SSE Island area on SecondLife.

The use of 3d virtual worlds will expand to develop demos, showcases and training programs. IBM is e.g. using it to design "green" data centers.

Some company examples; IBM island and Accenture island, for more information about research contact robin.teigland at hhs.se

http://www.knowledgenetworking.org
http://www.slideshare.net/eteigland
http://www.secondlife.com

Contact Thomas Lidforss International for select representation and management of business partner and outsourcing services!

MobileFocus2008 event - Social networking goes mobile, here's comes the ink, INQ Mobile

“Social networking goes mobile” by Ashley Benigno, INQ Mobile and Hutchison, Mobile Futures Strategist

Ashley presented the new company INQ Mobile http://www.inqmobile.com/ sponsored by 3, http://www.three.co.uk/

They have a "INQ OS" kind of platform which is Qualcomm Brew based with a simple but efficient UI for the new INQ phones. Speed and simplicity of pre-integrated apps into the new device makes the use almost instant. They have followed the concept, press a button or one click and the service in question should work right away without delay.

The INQ phone is based on the previously developed SkypePhone S2. The phone has one click access to Facebook, MySpace, Skype and 3's portal.

"Internet communicators that anyone can use" is their slogan. I like this concept with a model for a "cheap" phone, easy one touch access to the most commonly used services. INQ mobile's approach is not to compete with smartphones which they consider too expensive for a big mass market but still provide "cheap" easy access to internet services.

More from this event will come in newer blog posts from Thomas Lidforss International

Hitta.se in 3D better than Google Earth

An update to Google Earth made me testdrive again the "Swedish Google" company Hitta (which means find in Swedish) and their new see your city in fantastic 3D views as if you are flying over the buildings and cars. The 3D engine used is provided by the Swedish startup company, Agency9, 3D Maps (tm) EX engine. To appreciate the quality you should testdrive it here. See a snapshot below.

Contact Thomas Lidforss International for your business services needs.

Infviz Labs - Making sense out of large amounts of data

Infviz Labs is a Swedish startup specializing in Microsoft based software environments for efficient data analysis tools. Pattern recognition and data analysis is the speciliaty of the software from Infviz. Infviz is based in Norrkoping in Sweden and part of Swedish initiative for startups in the eastern part of Sweden, Linkoping and Norrkoping. Infviz Labs are specialists on C#, .NET, 2D/3D presentation methods. Please have a look at the demo about Swedish counties, statistics and trend analysis demo, http://www.infviz.com/demo/index.html

Contact Thomas Lidforss International for your startup business services needs.

Donya Labs - Simplify my virtual 3D objects

Donya Labs is a hot Swedish startup in Linkoping enabling speedy 3D generation in design tools for gaming, architecture and engineering. Donya has developed patented technologies that are addressing the need for simplification of polygons and mesh reduction without losing quality. They have two products, Simplygon(tm) that does the simplification without losing quality and XPRSS(tm) that is used for automatic creation of stand-in objects.

See a demo from VideoTrace using technologies from Donya(tm) for this video.

There are more cool demos of the superior impact from using Donya technology in your design on their blog. http://donya-blog.blogspot.com/

Contact Thomas Lidforss International for your startup business services.