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| [REDACTED] | |
| Company type | Stock exchange Owned by Hope Capital Pty.Ltd. |
|---|---|
| Industry | Finance |
| Founded |  Melbourne, Australia (2006) |
| Headquarters | Hope Capital Island, Second Life |
| Key people | Luke Connell, Chairman and CEO |
| Products | Stock quotation, stock trading services, banking, virtual office space rental |
| Revenue |  L$ 18.53 million (2007 till October 2) |
| Net income | L$ 8.36 million (2007 till October 2) |
| Number of employees | Unknown |
| Website | https://www.wselive.com |
![[REDACTED]](https://u3vuiephb.global.ssl.fastly.net/File:Wselogo.gif){kind=link}
The World Stock Exchange, is a web-based fictional securities exchange developed using Ruby on Rails. The WSE enables virtual companies to raise capital while providing a chance for investors to build their wealth using the fictional Linden Dollar and World Internet Currency that can be sold for real US Dollars.
Though this seemed a revolutionary idea, corruption was ever prevalent. The World Stock Exchange began normal operations on March 7th 2007 and to date has achieved 25,000 user accounts, raised virtual businesses over L$145 million Linden Dollars and total Exchange Turnover exceeding L$480 million.
The WSE is well-established in the virtual world of Second Life and initially used the Linden Dollar currency in Second Life. In July 2007, the WSE completed the integration of a new fictional currency independent of Second Life called the World Internet Currency (WIC).
References
- "Hope Capital launches rival to Metaverse Stock Exchange". Reuters. 2007-01-12. Retrieved 2007-10-20.
{{cite news}}: Check date values in:|date=(help); Cite has empty unknown parameter:|coauthors=(help) - "Rival Second Life stock exchanges merge". Reuters. 2007-02-13. Retrieved 2007-10-20.
{{cite news}}: Check date values in:|date=(help); Cite has empty unknown parameter:|coauthors=(help) - "Hope Capital shares plunge amid Altman sell-off". Reuters. 2007-03-19. Retrieved 2007-10-20.
{{cite news}}: Check date values in:|date=(help); Cite has empty unknown parameter:|coauthors=(help) - "Virtual Stock Exchange Opens in Second Life". Wall Street and Technology. 2007-03-16. Retrieved 2007-10-20.
{{cite news}}: Check date values in:|date=(help); Cite has empty unknown parameter:|coauthors=(help) - "Another life". Australian IT. 2007-04-03. Retrieved 2007-10-20.
{{cite news}}: Check date values in:|date=(help); Cite has empty unknown parameter:|coauthors=(help) - "World Stock Exchange hit by L$3.2 million theft". Reuters. 2007-07-25. Retrieved 2007-10-20.
{{cite news}}: Check date values in:|date=(help); Cite has empty unknown parameter:|coauthors=(help) - "You Only Live Twice". Four Corners. ABC. July 2007. Retrieved 2007-10-20.
{{cite news}}: Check date values in:|date=(help); Cite has empty unknown parameter:|coauthors=(help) - "Special Feature: Make your money count!". SL Reports. 2007-09-05. Retrieved 2007-10-20.
{{cite news}}: Check date values in:|date=(help); Cite has empty unknown parameter:|coauthors=(help) - "Salt in the Wound: WSE Price Regulation of GPB". Opinions. SL Reports. 2007-09-11. Retrieved 2007-10-20.
{{cite news}}: Check date values in:|date=(help); Cite has empty unknown parameter:|coauthors=(help) - "Interview - LukeConnell Vandeverre, World Stock Exchange". SLOZ. 2007-04-20. Retrieved 2007-10-20.
{{cite news}}: Check date values in:|date=(help); Cite has empty unknown parameter:|coauthors=(help) - "Interview Two - LukeConnell Vandeverre, World Stock Exchange". SLOZ. 2007-08-05. Retrieved 2007-10-20.
{{cite news}}: Check date values in:|date=(help); Cite has empty unknown parameter:|coauthors=(help) - "Betting On Second Life Stock Exchanges". Tech Crunch. 2007-08-20. Retrieved 2007-10-20.
{{cite news}}: Check date values in:|date=(help); Cite has empty unknown parameter:|coauthors=(help) - "Welcome To The World Stock Exchange (virtual)". American Chronicle. 2007-08-27. Retrieved 2007-10-20.
{{cite news}}: Check date values in:|date=(help); Cite has empty unknown parameter:|coauthors=(help) - "Virtual Exchanges Get Real". BusinessWeek. 2007-08-10. Retrieved 2007-10-20.
{{cite news}}: Check date values in:|date=(help); Cite has empty unknown parameter:|coauthors=(help)
External links
- "World Stock Exchange". Official website. October 20.
{{cite web}}: Check date values in:|date=(help); Cite has empty unknown parameter:|coauthors=(help) - "Hope Capital Ltd. financial report". Hope Capital Ltd.'s financial report. Luke Connell. October 2, 2007.