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| Company type | Public |
|---|---|
| Founded | March 7, 2007 |
| Headquarters | Second Life |
| Key people | Luke Connell, CEO |
| Website | 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.
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 exceedng L$462 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 12 January 2007)
Rival Second Life stock exchanges merge (Reuters 13 February 2007) http://secondlife.reuters.com/stories/2007/02/13/rival-second-life-stock-exchanges-merge/
Hope Capital shares plunge amid Altman sell-off (Reuters 19 March 2007) http://secondlife.reuters.com/stories/2007/03/19/hope-capital-shares-plunge-amid-altman-sell-off/
Virtual Stock Exchange Opens in Second Life (Wall Street and Technology 16 March 2007) http://www.wallstreetandtech.com/blog/archives/2007/03/virtual_stock_e.html
Another life (Australian IT 3 April 2007) http://www.australianit.news.com.au/story/0,24897,21477652-16681,00.html
World Stock Exchange hit by L$3.2 million theft (Reuters 25 July 2007) http://secondlife.reuters.com/stories/2007/07/25/world-stock-exchange-hit-by-l32-million-theft/
You Only Live Twice (Four Corners, ABC July 2007) http://www.abc.net.au/4corners/special_eds/20070319/
Special Feature: Make your money count! (SL Reports 5 September 2007 ) http://sl-virtual-world-news.com/content/view/1219/35/
Salt in the Wound: WSE Price Regulation of GPB (Opinions) (SL Reports 11 September 2007) http://sl-virtual-world-news.com/content/view/1230/37/
Interview - LukeConnell Vandeverre, World Stock Exchange (SLOZ 20 April 2007) http://www.sloz.info/2007/04/20/interview-lukeconnell-vandeverre-world-stock-exchange/
Interview Two - LukeConnell Vandeverre, World Stock Exchange (SLOZ 5 August 2007) http://www.sloz.info/2007/08/05/interview-two-lukeconnell-vandeverre-world-stock-exchange/
Betting On Second Life Stock Exchanges (Tech Crunch 20 August 2007 http://www.techcrunch.com/2007/08/20/betting-on-second-life-stock-exchanges/
Welcome To The World Stock Exchange (virtual) (American Chronicle 27 August 2007) http://www.americanchronicle.com/articles/viewArticle.asp?articleID=36212
Virtual Exchanges Get Real (BusinessWeek 10 August 2007) http://www.businessweek.com/technology/content/aug2007/tc2007089_873900.htm?chan=technology_technology+index+page_top+stories
External links
- World Stock Exchange- Official website