Whilst all the details are not concrete yet I thought I should share with you the information about the incoming in world credits system mentioned in the weekly update post here
As we are all aware the Openlife Grid is currently in 'beta' stage and we widely encourage content creation in world. The introduction of the credits system is not designed to discourage this creativity of residents but to help establish the framework to support an even more exciting interaction in world.
Time for some Key Points in the introduction of the new credits system:-
-Purchase of a new region will also come with a 1 time issue of 8000 credits. (sufficient to upload 800 items from external sources).
-Regions purchased between the introduction of the credit system and September will also be eligable for 8000 credits.
-All Region Owners will be issued with 8000 credits per region apon receipt of region renewal being paid in the month of September.
-The above also applies to Private Clusters. Therefore a new private cluster owner (4 regions), would receive a 1 time issue of 32,000 credits.
-New Users will be given 100 credits to start (pending).
-Credits are purchasable in defined amounts, these will be assigned to the avatar within 24hrs. (in future this will be automated).
-Credits will be redeemable for 'rewards' including region renewals.
-Credits are not being introduced as a direct 'exchange' scenario for cash.
-Uploads will retain their default charge of 10 credits per item.
-Sale & issue of credits is only through the Openlife Grid site.
-No 3rd party sale credits for real currency is permitted (fraud prevention) a this time.
-Transaction history will be made available via the openlifegrid.com site.
What can you do with these credits?
Pay another avatar in world, use them to upload such as textures or animations, buy an object or item in world that is set for 'sale'. Trade with them in world.
Exchange credits for rewards, these rewards may include gift vouchers, real items, region renewals etc.
Any thoughts or suggestions? Please feel free to reply to this post. The above information is still subject to changes. The final revision will be pubished to a new page on the site when the credits system is first turned on.