How To Be Happy: Trade the NASDAQ for a MMORPG

Guest Writer
Writer and Content Strategist
min read
Opinions expressed by Entrepreneur contributors are their own.
world-of-warcraft.jpgIf you've never pwned someone in a World of Warcraft raid, you might not have experienced the magical power of MMORPGs (for the uninitiated, that's short for "massively multiplayer online role-playing games") to consume all the waking--and sleeping--hours of your life.

But given the economic beating we've taken this month, the time may be ripe for us all to stop looking down on obsessed gamers and join them in the virtual world, where the economy still seems bright, shiny and crisis-free.

For instance, there's actually good news left to tell in Second Life, the Linden Lab-developed MMPORG that allows users to create a decent online simulation of an industrious life, down to buying property, getting a job, and even starting up a business.

In fact, a stable and growing economy has developed around Second Life's virtual commerce, which includes sales of everything from land to clothing to, yes, genitalia. The best part: Haven't earned enough Linden dollars (L$) to buy what you want? No problem. Just use real currency. The floating exchange rate is favorable, and hovers around 270 L$ for every 1 US$.

Although you're essentially paying real currency for "fake stuff," you can also make real money, like Anshe Chung (online personality of Chinese businesswoman Ailin Graef), who was profiled two years ago as Second Life's first real-world millionaire, based on her online assets.

While MMORPG markets don't have as many constraints as their real-life counterparts, it sure is nice to see positive numbers for a change. In Second Life, at least, monetary policy is a cakewalk, residents are buying more real estate, and the number of businesses in the black continues to grow. In short, its 15.6 million residents are still in a happy place.

So I say, while the consumer confidence index may be at an all-time low, there's no need to throw in the towel until we hear that Second Life's economy is in a recession.

More from Entrepreneur

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

One-on-one online sessions with our experts can help you start a business, grow your business, build your brand, fundraise and more.
Book Your Session

Whether you are launching or growing a business, we have all the business tools you need to take your business to the next level, in one place.
Enroll Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

It Started As a Joke and Turned Into a Startup That Raised $1 Million in Funding