As Second Life continues its 15th birthday festivities this month, we’ve got a new pricing announcement that is definitely worth celebrating. How about lower land prices and reduced set-up fees?
Effective July 2, monthly maintenance fees on Private Estates are dropping by up to 15%! In addition, one-time land set-up fees are also reduced by as much as 41%. And remember, the setup fee includes your first month’s payment.
Discounts will vary based on the type of land, so here are the details on current vs. new pricing:
The fine print? These price reductions do not apply to Skilled Gaming Regions. New Openspace Regions will no longer be available after June. However, existing Openspace Region landowners will benefit from this newly-reduced monthly pricing beginning July 2. Also, these changes will not impact any grandfathered or “bought down” land prices, since those are still below the newly-reduced rates. Lastly, Education/Nonprofit (EDU/NP) discounted full islands will be re-priced to maintain their 50% discount off the regularly priced full islands. The new price of $124.50 will go into effect at the start of that island's next invoiced billing term.
OTHER PRICING CHANGES
These latest price reductions continue our commitment to improving the overall health of the Second Life economy, which historically has relied a lot on costs incurred by landowners. For example, in March we lowered Mainland costs by over 10 percent and doubled the Mainland allotment for Premium Members.
In addition to dropping prices on land, on July 2, we will also increase the cost to buy Linden Dollars to $1.49 per transaction (compared to the current rate of 99 cents per transaction). This increase will help us offset the revenues lost on land, and to keep Second Life a vibrant world that continues to push the limits of possibility - for another 15 years to come.
The Second Life Team