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Saturday, June 23, 2018

Second Life Private Regions Price Cut!

Linden Lab continues their policy of reducing the cost of virtual land in Second Life, a move that residents have been requesting for years.  Last Wednesday, they announced new, lower costs for private regions, both the initial setup fee and the ongoing monthly land fee.

When I joined SL in 2007, it cost $1,000 USD to purchase a new private region from Linden Lab, and a fee of $295 per month to maintain the region thereafter.  Some time back, LL reduced that setup fee to $600, but private regions still remained out of reach for many people.

The new setup fees are $349 USD for a full region, $149 for a Homestead region.  Openspace regions will no longer be available.  (Homesteads and Openspaces are regions with reduced prim allowances and reduced maximum avatar capacities.)

Monthly land fees drop from $295 to $249 for full regions, and from $125 to $109 per month for Homesteads.  Existing Openspace regions drop from $75 to $60 per month.

The bad news:  LL has to do something to offset the loss in revenue.  Some, it's hoped, will be made up by increased interest in private region ownership.  But LL is also increasing the transaction fee for buying $L from the current $0.99 to $1.49.  All this takes effect July 2, so if you are putting off buying $L, now is a good time to stock up.  If you were thinking of adding Openspace water regions to your private estate, you have a narrow window for that, too!

Read the official announcement from LL here: https://community.secondlife.com/blogs/entry/2375-another-15-for-15-lower-land-prices-and-reduced-set-up-fees/

1 comment:

  1. Wow, the cost of $L is going from $0.99 to $1.49. (I haven't been on Second Life in 12 years.)

    ReplyDelete