[Does Second Life plan to get into NFTs ?]

Ok this will be my last comment. I came to this board to get advice on how to convert my Second Life yachts to mesh. I still haven't gotten any helpful direction.

I started on my journey here in Second Life building yachts based on the deck plans of a real-life yacht company. I had a chance to meet the president of that company in real life and became good friends. He gave me permission to use their brand name in Second Life. I eventually built a successful business here in Second Life selling and chartering my yachts. Built a marina where we leased out retail space and apartments. I eventually took what I learned here in Second Life and applied it to real life and began a business career in the yachting industry.

I've had the opportunity to spend time on some of the largest yachts in the world. I attend regularly the big 3 yacht shows, Miami, Ft Lauderdale, and Monaco. There is one yacht show experience open to the general public, and then there is the VIP experience that I assure you cost more than $150 dollars.

I haven't been on Second Life for the past 5 years. I started checking in off and on during the Pandemic. My interest really peaked with the exploding interest in the metaverse. Which brought me back full circle to Second Life. I don't know what my yachts will sell for, I don't really care because its just a hobby. If it turns into something bigger then fine.

I am quite aware of blockchain, crypto currency, NFT's, Tokens and DOA's. They are all intertwined. The reason why NFT's are selling for insane prices is because they are the equivalence of buying stock in a company. Like Second Life's tokens, Lindens, all of the metaverse projects create their own Tokens out of thin air. They create NFT's like art, yachts, wearables, clothes etc. When you purchase these, with their tokens, pegged to other digital currencies or tokens like Ethereum, your purchases entitle your to other rights associated with the project. What drove the value of the $650K lego yacht was that it was tied to the Sandbox metaverse project which is one of the leading metaverse projects out there with fortune 500 companies aligned with it................like Second Life USED to have........

Everything I've seen so far related to blockchain metaverses are just reap offs of what Second Life has created. Second Life will die in time unless it changes its business models. Creators and owners of their digital creations, must have complete control and custody of their digital assets. Assets they have interoperability with other digital platforms. All I'm trying to do here is have fun while trying to figure out how creators in Second Life (which I think are the greatest collection out there) can extract the greatest value from their work. If you want to continue the conversation with me hit me up on Discord, Username: godfathaog

[Does Second Life plan to get into NFTs ?]

1 hour ago, Coffee Pancake said:

This is the problem with NFTs as a whole, you can't actually articulate the value proposition, so everyone else must just be stupid for not immediately getting it.

The business model for NFT's is well established at this point. You need a discord group, socials and big hype drum. But here you are on the SL forums arguing with people who understand the involved technologies better than you.

 

All I can say for those that don't understand the potential of blockchain and NFT's, you need to get outside of Second Life more and become a practitioner of these new technology's and understand their potential. Web 3.0 is being developed right now. I'm old enough to remember that recipes where one of the first supposed killer apps for personal computers. Second Life is becoming more and more irrelevant, this conversation has been enlightening to me. I will continue on my journey to determine the true value of my work. Based on current and past market activity the value is between $175 and $650K. We will see. Enjoy your Second Life experience. 

[Does Second Life plan to get into NFTs ?]

20 minutes ago, Coffee Pancake said:

 

No one in SL is going to buy a US $2000 yacht, even if they get to buy it as an NFT.

No one outside SL is going to by a SL yacht for $2000 .. because .. ewwww Second Life, that's from 2004.

 

And yes, we do spend thousands of US$ on microtransactions. The salient point being that they are microtransactions, with the majority being under $5US. Wouldn't even cover the gas fees if this was all blurkchain.

 

That’s were your limited understanding of the potential of NFTS drives your dismissal. In addition to purchasing those yachts the owners also get VIP access to the Miami Yacht show. Any one can go to a yacht show but to get onboard the yachts there you have to be pre qualified. Until you’ve been in that world you wouldn’t understand the value proposition NFTs offer. 

[Does Second Life plan to get into NFTs ?]

6 minutes ago, Rowan Amore said:

As P.T Barnum said, "There's a sucker born every minute."

Here’s a sucker https://hypebeast.com/2021/11/the-metaflower-super-mega-yacht-nft-sells-for-a-record-650000-usd

[Does Second Life plan to get into NFTs ?]

People can say that about people in Second Life who have spent thousands of dollars on micro transactions to create an alternative life. Second Life is Instagram on steroids where people live out their aspirational lives and willing to pay a lot of money to do it. 

[Does Second Life plan to get into NFTs ?]

Just now, MichaelCorleone Losangeles said:

Now your starting to understand why I want to market my yachts and Second Life on Openseas introduce a whole new audience to Second Life. These are yachts with no interiors associated with no metaverses just 3D models. They all sold for one Eth roughly $2,600 US 

https://opensea.io/CloudYachts?search[sortBy]=LAST_SALE_DATE&search[sortAscending]=

[Does Second Life plan to get into NFTs ?]

1 minute ago, Rowan Amore said:

It's SL.  I can take any house and put it anywhere.  If you're putting your yacht anywhere but mainland, your water toys won't have much use as most homesteads/full private regions are insular.

I can understand what you're trying to do.  I just don't see an audience in SL that would be willing to pay $4000 for, frankly, anything.  I'll admit paying upwards of 10000L for a home once but  $40 is far from $4000.

 

 

Now your starting to understand why I want to market my yachts and Second Life on Openseas introduce a whole new audience to Second Life. These are yachts with no interiors associated with no metaverses just 3D models. They all sold for one Eth roughly $2,600 US 

[Does Second Life plan to get into NFTs ?]

14 hours ago, Rowan Amore said:

Personally, I'd want a ship that moved.  Otherwise, it's merely a houseboat.  That doesn't move.

But, good.luck!

Think of yachts like mansion you can move to exotic locations and take all your water toys with you. 

[Does Second Life plan to get into NFTs ?]

9 minutes ago, MichaelCorleone Losangeles said:

That is something SL is going to have to take a second look at because those types of r restriction on sole ownership of digital ownership by the creator makes blockchain metaverses more of an appealing options. By importing a copy of my yacht into SL, does SL take responsibility to insure that copies of my work are not exported out of Second LIfe. 

Just read it in its entirety, it's only a matter of time before SL will become completely irrelevant. Thats an insane requirement and limits your digital assets ability to retain or increase in value. It may be a ways still out there, but thanks Linden Lab's by clarifying the value proposition of blockchain based metaverses. Now I get it. 

[Does Second Life plan to get into NFTs ?]

26 minutes ago, Mollymews said:

you will also need to specify that Linden Lab also has a Service Content License on any content asset uploaded to their servers, applicable on any platform of Linden's choosing as determined solely by them. A Service Content License granted by its users, which the Lab does not have to provide payment compensation for

this is defined in Section 2.3 of the Linden Lab Terms of Service.  Para 5 extract:

this Service Content License needs to thought about carefully when considering what you are hoping/wanting to do

That is something SL is going to have to take a second look at because those types of r restriction on sole ownership of digital ownership by the creator makes blockchain metaverses more of an appealing options. By importing a copy of my yacht into SL, does SL take responsibility to insure that copies of my work are not exported out of Second LIfe. 

[Does Second Life plan to get into NFTs ?]

3 hours ago, Ardy Lay said:

Don't need 'blockchain' to do any of that.  I'd just use cryptographically signed receipts stored "someplace reliable" and given to each yacht purchaser.  Linking in swarms of people and their computers to make it a "block chain" application seems like 'a bad move' to me.  Surely you are not doing that just to ride the hype?  Doesn't sound like you care about the hype.  Sounds like you care about yachts and people that like them.  My advice is to not sully your community and your business plan by associating them with the open hooliganism that is "NFT" as the media knows it.  Sure, it's just three words jammed together resulting in much confusion as people try to define it.

I have one suggestion, or maybe it's a question?  When you have a Second Life region with a yacht installed, can you include scenery that passes by in the distance to give the illusion of travelling?

This video will better help you understand the scope of my yacht project. My yachts are live aboard and not moveable. From the video you will see that my yachts interiors are highly customizable so its not possible to move all those individual pieces to make it mobile. There are some really good mesh yachts out there but there limitations are realistic scale and the yachts one big mesh object so you can't modify them. https://screencast-o-matic.com/watch/c3eX3LVFZyA

[Does Second Life plan to get into NFTs ?]

7 minutes ago, Qie Niangao said:

Yeah, I was being a bit tongue-in-cheek, hoping to lead the reader down a dark alley. My problem with NFTs is: Who says what one particular NFT means? It's ultimately that "authority" that matters to its value. 1Oh, the indexing technology is cool, but the very definition of uniqueness depends on that authority again.

We might have great—almost provable—trust in that indexing, but there's such art and artifice in that authority's expression of what this particular NFT even means. The ledger may be distributed but the entire value of the NFT derives from trusted curation, and an auction is an expression of that trust, not a substitute for it.

And also yes, excellent point on "shelf life" and the potential bit-rot of a digital content NFT. 

The point that seems to be missed in this conversation, but not for digital asset creator like myself is the relevance of Second Life moving forward. Right now its relevance is diminishing. Blockchain and other Metaverse are sucking up all the oxygen in the room thus the dollars allocated to digital assets. 

[Does Second Life plan to get into NFTs ?]

1 hour ago, Coffee Pancake said:

You are misunderstanding facebook's use of the term meta.

They wish to dominate the space by owning the words, Metaverse was a generic term till FB renamed their entire company meta, now it's impossible to have a discussion about the metaverse without mentioning them. They are free to define their metaverse as anything they like, although I would bet money on it not involving any kind of blockchain - because honestly, why would they. Meta are a private company with a great deal of secrecy and a regular database is orders of magnitude faster and more efficient. There is absolutely no reason for them to attach an albatross blockchain to anything they do.

Blockchain and Metaverse are two entirely separate technologies. There is no requirement for either of them to have anything to do with the other, although the crypto peeps are very eager to try and ride the new buzz words coat tails.

There are blockchain metaverses, they are not Second Life. They also tend to be devoid of people .. because who actually needs or wants a social scene in the middle of a pump and dump ponzi scam. 

 

If you join any of the NFT project discord channels (and you should if your business model is NFT based), you will find a very different kind of community.

 

I'm already on Discord that's primarily for staying immersed in the blockchain metaverse projects. 

[Does Second Life plan to get into NFTs ?]

@Coffee Pancakeyou keep make some assumption about where I am on these issues. It will help the dialogue if we define the terms we are using. I define metaverse as all immersive multi-player platforms that allow interaction and communication between participants. Facebook understands that we are moving beyond text, image, sound and video forms of communication to new immersive experiences. The gaming industry leads the way in these immersive experiences with games like Fortnight, Rodblox and GTA as a few examples. Facebook is trying to figure out they place in the metaverse. Blockchain metaverses right now is primarily pay to play models. For me Second Life falls into the aspirational lifestyle category.  As we all know SL also has a pay to play component to it. I'm only interested in the aspirational lifestyle category, particular the area of ownership of aspirational lifestyle digital assets the users would like to own in the real world. Second Life is obviously the leader in that category. But if it doesn't innovate it will lose that position. 

[Does Second Life plan to get into NFTs ?]

@Rowan Amoreafter conversion to mesh using Blender my yachts should come in at around 700-1,000 prims unfurnished. Homestead islands are up to 5,000 prims now, so you can know have a private island with a home and your yacht docked out back. I will sell a limited number of yachts. The $4,000-$5,000 number would include the house, yacht, interior design, and terraforming and landscaping. I think the price is probably $5,000-$10,000 based on what NFT's outside of Second Life are going for. The first run of yachts will be a limited number of semi custom yachts from my current series. That means your yacht will unique to you and the work you do with your interior designer. I will also be offering 1 off custom yachts that will be totally unique

My goal is to eventually build a yachting lifestyle community within Second Life complete with open waters so you can anchor your yacht out in the open seas. I've hosted exclusive birthday parties and even hosted white parties onboard onboard with Frolic Mills after some of he's Best of Yachting Fashion shows. We are talking about collaborating together on some NFT projects. 

[Does Second Life plan to get into NFTs ?]

100% @Mollymews the point I'm trying to make is that as a creator in SL you want the widest audience you can find for your creations. SL has done a terrible job of promoting the platform to a much wider audience. Just about everything that is being touted around metaverses, NFT's and tokens Sl has been doing 13 14 years. Now that other people have discovered it they are taking advantage of people's ignorance and greed.

I agree there is a lot of crap and scams on Openseas, but it can be a powerful platform for Second Life creators to expand their market. Don't trash the technology associated with blockchain like NFT's, Tokens and DOA's as irrelevant, recognize the innovation and potential they present and harness it for your own benefit.

I became know as the builder of the largest yachts, with the most detail, with the least amount of prims. Fully furnished my yachts ranged from 2,000-2,500 prims. My target audience was residents that owned Homestead sims. I created all my yachts using Second Lifes rudimentary 3D modeling tool.

I'm now teaching myself how to convert my yachts to mesh using Blender. A lot of creators have been doing this for a long time, then importing them into Second Life.

Once that process is complete and all the textures updated, I'll put my first yacht up for sale on Openseas. Looking to partner with interior designers so that buyers of my yachts get the base yacht but they will work with an interior designer to furnish their yacht. I want to work with a creator that does terraforming and landscaping to work with the yacht owner on their new property in Second Life. They can also work with the interior designer on the interior of their home, or they can just buy the yacht and use SL or some other stand alone 3D model viewer to show off their yacht to friends.

All of that will be specified in the NFT associated with my yachts. And before people start pointed out you can already do that in SL marketplace with sharing of revenues generated by the sale of your product, I already know that. Which takes me back to my original point, Openseas just gives you a much bigger platform to reach a much bigger audience for your creations. 

[Does Second Life plan to get into NFTs ?]

And here you are @Coffee Pancakehanging out on a Metaverse chat board. I’m focused on the technology blockchain is not going away and it will add greater value to true digital asset creators. Facebook……I mean Meta……isn’t spending 10B on a whacked out bubble.

[Does Second Life plan to get into NFTs ?]

Luckily everyone hasn’t figured it all out like you so that means opportunities are still there. 

[Does Second Life plan to get into NFTs ?]

@Quistess Alpha my NFT’s will. 

[Does Second Life plan to get into NFTs ?]

I’m sorry Ardy didn’t realize I was talking to the Orb of knowledge or asking anyone on how to do it. 

[Does Second Life plan to get into NFTs ?]

What is your definition of an NFT? To meet NFT's are receipts of a transactions that have entitlements assigned to them recorded on a public ledger. Most of the top creators are using software like Blender to create versus SL modeling tools. Then they are importing a copy of their creation into. So why can't I sell my yacht as an NFT outside of SL and the user can then import it into SL?

[Does Second Life plan to get into NFTs ?]

No your missing the point. SL has real value and far more immersive experience than all the other metaverse projects and its not part of robust conversation going on. So Openseas is the right platform to market digital assets.

Here is a recently launched project from the real yacht world. These are real yacht designers in the industry that I know personally. They are missing the boat because they are just selling model yachts that have no interactive experience associated with them. They have no interior and no community. Second life has all that. Second life can simply serve as a viewer to show off your digital assets or allow you to have a totally immersive experience around your digital assets and community. 

CloudYachts - Profile | OpenSea

NFT Superyachts - Cloud Yachts

I created this 8 years ago complete with yacht sales and charter, retail space rental and apartment rentals. I'm in the process of recreating this experience in Second Life with completely updated versions of my 5 yacht models all convert to mesh. I should be able to reduce the prim count for my 120meter 5 level yacht from 2,000 prims to 700-1,000 allowing people to rezz their yacht along with the home on their island or land plot.

The opportunity is there for people that are forward thinking and following whats happening on the blockchain and the metaverse. The Presidents Executive order was a good thing for cryptocurrency because the government is finally acknowledging  the value of the technology and some regulation is needed for it to continue to grow.

 

[Does Second Life plan to get into NFTs ?]

I don't think NFT's are over I just think the hype is dying down because people were making money based on greed not true value creation. I think of NFT's as a receipt for a transaction that has entitlements attached to them. For example I plan on selling my yachts on Openseas. The benefit to me is that I can access a larger potential audience outside of SL. Most people don't know about SL so they don't realize how totally immersive the experiences are for aspirational lifestyle digital assets are in SL. 7 years ago I was selling my yachts for $175 US. As an NFT I think I can sell them for $5-$10K or more if I also include an interior designer to work with you in furnishing your yacht, Include your own profit island or home with a dock, with prepaid teir for a period of time. SL already enables you to collaborate with other creator and share the revenues on the sale of a product or service. The problem goes back to your started with a very small target audience to offer your products or services to. If I sell my yachts on Openseas first, then the owner can import a copy into Second Life to retain custody of their digital assets. I still have a lot of steps to work out in the process but that is the direction I'm going with NFT's.

[Converting Yacht Build To Mesh in Blender]

Thanks I found that video also. I think the key is that door ways must be created using 3 separate mesh objects because extruded objects or working with boolean modifiers, the shape you see isn't the physics your dealing with. its like a shape in a box so you are interacting with a cube not a shape or hole if that makes sense. I've successful imported parts of my yachts into SL and finding I'm cutting my prim count roughly in half. 

[Converting Yacht Build To Mesh in Blender]

The biggest challenge I’m having right now is the physics. It’s like the mesh is inside an invisible box so I can walk through doors or even walk on the deck.