AzureWaves Posted April 23 Share Posted April 23 https://ibsintelligence.com/ibsi-news/thunes-to-acquire-payments-platform-tilia-llc/ 1 10 Link to comment Share on other sites More sharing options...
Love Zhaoying Posted April 23 Share Posted April 23 This can surely only be good for Second Life users! ..right? 3 3 Link to comment Share on other sites More sharing options...
Bree Giffen Posted April 23 Share Posted April 23 (edited) My initial take is that this might help people outside the US with payments into SL and it might help bring a larger group of people in from around the globe. LL itself is not being sold but is selling Tillia. Our happy little world remains. https://www.forbes.com/sites/davidprosser/2021/11/12/how-thunes-is-building-a-new-payments-system-for-the-world/ Edited April 23 by Bree Giffen 4 2 Link to comment Share on other sites More sharing options...
Zalificent Corvinus Posted April 23 Share Posted April 23 Breaking News: The purchase of LL by a group headed by well known "buy, repaint, slice up, and resell in bits" investor, has resulted in LL being sliced up, repainted and sold off in bits As predicted. Pictures at 11. 2 1 Link to comment Share on other sites More sharing options...
Zalificent Corvinus Posted April 23 Share Posted April 23 4 minutes ago, Love Zhaoying said: This can surely only be good for Second Life users! ..right? People who pay a lot of money for a company, expect to make even more money back. Expect cash-out fees to rise. /me waits for the merchants to start squealing again... 3 1 Link to comment Share on other sites More sharing options...
Alwin Alcott Posted April 23 Share Posted April 23 7 minutes ago, Bree Giffen said: My initial take is that this might help people outside the US with payments into SL and it might help bring a larger group of people in from around the globe. LL itself is not being sold but is selling Tillia. Our happy little world remains. https://www.forbes.com/sites/davidprosser/2021/11/12/how-thunes-is-building-a-new-payments-system-for-the-world/ just curious ; why you think it will get better ? 2 Link to comment Share on other sites More sharing options...
Coffee Pancake Posted April 23 Share Posted April 23 Well. We all saw this coming. Now LL gets to go down with the debt. 2 1 Link to comment Share on other sites More sharing options...
Love Zhaoying Posted April 23 Share Posted April 23 3 minutes ago, Zalificent Corvinus said: /me waits for the merchants to start squealing again... Ouch! My poor ears are already sore from all the whining! 3 Link to comment Share on other sites More sharing options...
Love Zhaoying Posted April 23 Share Posted April 23 ..I thought "spin-offs" / sold stuffs is where LL projects go to die. If I'm right, I wonder what will replace Tillia? 1 Link to comment Share on other sites More sharing options...
Love Zhaoying Posted April 23 Share Posted April 23 9 minutes ago, Zalificent Corvinus said: Breaking News: The purchase of LL by a group headed by well known "buy, repaint, slice up, and resell in bits" investor, has resulted in LL being sliced up, repainted and sold off in bits As predicted. Pictures at 11. Why do we get stuck with the spleen?! I mean yay, we get the core bidneth! Link to comment Share on other sites More sharing options...
Sid Nagy Posted April 23 Share Posted April 23 (edited) 9 minutes ago, Coffee Pancake said: Well. We all saw this coming. Now LL gets to go down with the debt. That is sadly the scenario most of the time, when this kind of selling off happens. Maybe the investors don't see how to solve "the elephant in the room" problem, so they go for the money and let the rest sink in the swamp. The sky is falling again. Edited April 23 by Sid Nagy 4 2 Link to comment Share on other sites More sharing options...
Sid Nagy Posted April 23 Share Posted April 23 (edited) 7 minutes ago, Love Zhaoying said: Ouch! My poor ears are already sore from all the whining! Wait until the customers whine, because the prices (like the ones from Happy Weekend) go up again. Or when the exchange fees go up for buying L$. Edited April 23 by Sid Nagy 4 Link to comment Share on other sites More sharing options...
ValKalAstra Posted April 23 Share Posted April 23 Welp. Interesting times ahead then. If this means that SL will need to switch to traditional payment processors, I'm going to grab the popcorn. Wouldn't be the first adult online platform forced into pg13 seppuku. 5 Link to comment Share on other sites More sharing options...
rasterscan Posted April 23 Share Posted April 23 Thunes and Linden Research, Inc. (“Linden Lab”), the current majority owner of Tilia, have agreed to an exclusive five-year partnership Good to play for 5 more years at least then ? 5 Link to comment Share on other sites More sharing options...
Sid Nagy Posted April 23 Share Posted April 23 (edited) If this news had been a few days earlier, I would not have renewed my P+ for a whole year. The feeling is not good when a company starts selling off their most promising "for the future" parts. Edited April 23 by Sid Nagy 5 1 Link to comment Share on other sites More sharing options...
Rowan Amore Posted April 23 Share Posted April 23 I thought the sky already fell when Tilia came around and JP Morgan invested and, and, and... 5 Link to comment Share on other sites More sharing options...
Sid Nagy Posted April 23 Share Posted April 23 1 minute ago, rasterscan said: hunes and Linden Research, Inc. (“Linden Lab”), the current majority owner of Tilia, have agreed to an exclusive five-year partnership Good to play for 5 more years at least then ? Partnerships sadly don't guaranty that both partners stay afloat. 1 Link to comment Share on other sites More sharing options...
Sid Nagy Posted April 23 Share Posted April 23 1 minute ago, Rowan Amore said: I thought the sky already fell when Tilia came around and JP Morgan invested and, and, and... In the end we only can wait and see what happens. But that is the case with literally everything that is discussed here on the forums about Second Life and Linden Lab. 2 1 Link to comment Share on other sites More sharing options...
Jackson Redstar Posted April 23 Share Posted April 23 I can remember even after having had a verified paypal account for over a decade, when Tillia came around I had to get get 're verified' which included among other things, dancing on one leg in a pink sock while the other was wearing blue, naming each of my 10 toes and the reason I chose those names, identifying 100 different species of birds along with naming the last 200 transactions on Linden, the exact amount and the reason for them. Sure would hate to go through all that all over again! 4 1 8 Link to comment Share on other sites More sharing options...
Zalificent Corvinus Posted April 23 Share Posted April 23 20 minutes ago, Bree Giffen said: My initial take is that this might help people outside the US with payments into SL and it might help bring a larger group of people in from around the globe. LL itself is not being sold but is selling Tillia. Our happy little world remains. https://www.forbes.com/sites/davidprosser/2021/11/12/how-thunes-is-building-a-new-payments-system-for-the-world/ That article is TWO YEARS OLD. It basically says that Thunes is a Fake Money Crypto-Crap Enabler based out of Singapore, connecting Fake Money Crypto-Crap Not-Banks to ACTUAL international money transfer services. They specialise in B2B transfers, not facing "actual customer" like you and me. Only people who will MAYBE be able to pay for SL as a result, are Crypto-Crap fans in the far east, and some of the dodgier countries in Africa and the Middle East. "“We don’t have the DNA of a consumer-facing business and we’re focused on B2B transactions,” CEO Peter De Caluwe says of the company’s profile." 4 Link to comment Share on other sites More sharing options...
Coffee Pancake Posted April 23 Share Posted April 23 This feels like a massive betrayal. Did the sale include battery street .. are we actually homeless now? 2 2 Link to comment Share on other sites More sharing options...
Love Zhaoying Posted April 23 Share Posted April 23 14 minutes ago, ValKalAstra said: Welp. Interesting times ahead then. If this means that SL will need to switch to traditional payment processors, I'm going to grab the popcorn. Wouldn't be the first adult online platform forced into pg13 seppuku. I kind of predict something like "SL will need to switch to traditional payment processors" will happen, because my prediction is that Tilia will fail under a new company. Link to comment Share on other sites More sharing options...
Love Zhaoying Posted April 23 Share Posted April 23 1 minute ago, Coffee Pancake said: This feels like a massive betrayal. Did the sale include battery street .. are we actually homeless now? Way to find the silver lining! Link to comment Share on other sites More sharing options...
Ineffable Mote Posted April 23 Share Posted April 23 (edited) 14 minutes ago, rasterscan said: Thunes and Linden Research, Inc. (“Linden Lab”), the current majority owner of Tilia, have agreed to an exclusive five-year partnership Good to play for 5 more years at least then ? Taking the paragraph as a whole, it seems like a redeeming quality from here. This sounds like a good shake-up is here too, presuming it's something so far unannounced Quote Brad Oberwager, CEO of Linden Lab, said, “Thunes is an exceptional company that directly connects nearly every payment method and market worldwide. The combination of Tilia and Thunes will give Linden Lab’s customers more payment choices, and the ability to receive pay-outs in real-time, anywhere, into the wallet or bank account of their choice. It will be business as usual for our people and our customers as we bring Tilia and Thunes together.” [bold emphasis not mine, for sake of clarity] Edited April 23 by Ineffable Mote 2 Link to comment Share on other sites More sharing options...
Garnet Psaltery Posted April 23 Share Posted April 23 Never heard of these people. Who are they again? Thorn Industries? 1 1 Link to comment Share on other sites More sharing options...
Facebook
Instagram
Twitter
YouTube
Flickr
Recommended Posts
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now