Changes in the LindeX™ Exchange website page to keep SL economy healthy
tracked
Eva Artemesia
As we are seeing for a while now, our economy is not working great.
The linden market is stuck for various reasons, our currency is losing value, but I think LL can help us all by making some changes in the LindeX Exchange page.
Second Life should change the description in their website, to explain better how the market works and to direct people that can't wait to an instant payout.
We ask for a easier choice of words and concepts that direct users to make a thoughtful choice when they sell their lindens. By using a simpler interface like "Instant Payout" and "Linden Market for experts" we can help users and also help our economy.
We also ask to add a "Linden Market guide" in the same page explaining how the Limit Sell works, in terms or timing, mostly.
In this way we can help to keep the exchange rate low and have a valuable currency that allows residents and designers to live with their SL incomes.
This attached image is just an example, but it gives you an idea of what we ask.
Thank you.
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Alchera Pexington
Please bring back the Visa/Mastercard debit payments. I am in Canada and that is how I pay for things regularly. Both in store, and online. Paypal also doesn't take this type of payment so there is no reason for me to be on SL if I can't do anything. Until it comes back as a form of payment I won't be on. I am guessing you have lost a lot of Canadians. Just a guess. Debit/credit cards are huge here.
Kermit Linden
Merged in a post:
Change the L$ purchase page: more clear headlines, merging modules
Nyx Onyx
I'll suggest that we change the headlines on https://secondlife.com/my/lindex/buy.php to make it clear that we're not buying L$ directly, but rather putting orders on the LindeX market - unlike how it works when buying stuff off of Marketplace.
The term "order" should change the expectation to be that the goods aren't necessarily immediately delivered. Normally the order is quickly filled when doing the "Instant" variant, but it isn't instant, and if many are ordering at the same time, it might take a while.
I would also suggest that "Limit Buy" is merged into the "Instant Buy" module, with a simple "radio button" that reveals the rate box, I don't see a good reason to split it off into its own module, nor hiding it behind a setting on a different page entirely. The headline can then be simply "Order L$ on the LindeX", the radio buttons could be labeled "No rate limit" and "Set lowest rate", the latter making visible an input box.
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heidi412 Resident
Yes Please!!! As a resident with ADHD and a learning disability it has been extremely difficult for me to understand the Linden Market. I've come to find there is no way to accurately understanding exactly what I am doing and have made the mistake a few times of incorrectly purchasing Lindens, I mean, I may have a disability or two, but I figure if I can learn most other things even just through Wiki, the Linden Market should be no different.
Second Life is my world, it's how I live as I am homebound. Making things easier for peeps like me would just be the icing on the cake. Not that I am complaining because I will forever be grateful to the Lindens and every person who makes Sl my home.
But please think about a guide that would be easy for a person like myself to learn. This would increase my abilities to live and function in the real as well. There is no downside to providing information in a format that is easy to navigate.
Thank you to all of you for everything you do.
Spidey Linden
updated the status to
tracked
Issue tracked. We have no estimate when it may be implemented. Please see future updates here.
Spidey Linden
Merged in a post:
Reinstatement of the Instant Payout option on the LindeX™ Exchange page
Eva Artemesia
We are writing to express our deep concern and disappointment regarding the recent removal of the "Instant Payout" feature from the LindeX™ Exchange page. This sudden change has caused considerable distress within the creator and merchant community, particularly in light of the ongoing economic uncertainties that have already impacted user activity and income.
The Instant Payout option has long served as a crucial tool for creators, enabling timely access to earned funds and providing a sense of financial reliability. Many of us rely on this feature not only to support our creative businesses within the Second Life platform but also to manage real-world financial obligations. The recent promotional campaign offering 50 hours without withdrawal fees led many to believe that the company was actively supporting its creators and acknowledging the economic strain we are facing. Therefore, the removal of this feature shortly after such a gesture feels contradictory and disheartening.
Without access to immediate cashouts, we fear that the overall perceived and real value of the Linden Dollar may begin to decline, triggering broader economic repercussions across the platform. Delayed access to funds could lead to reduced reinvestment in the platform, price inflation, or even the departure of long-standing contributors and designers who can no longer afford to wait days for their earnings.
We strongly believe that this decision could have long-term negative consequences for the platform’s economic health and the retention of its most dedicated creators. We therefore respectfully urge you to reconsider the removal of the Instant Payout option and engage in open dialogue with the creator community to find sustainable solutions that protect both the interests of Linden Lab and its user base.
Thank you for your attention to this matter. We remain hopeful that a resolution can be reached that supports the continued vitality and growth of the Second Life economy.
Mynoir Resident
Me personally I think the instant cash out is awesome ! And here’s why as a creator I work countless hours on making things better for my Secondlife community and it’s nothing more then being able to pay your self when you feel like it not having to wait weeks for your $ to hit ! That could be so annoying and risky especially if someone is full time working from home. Because some of the payout didn’t hit on time ! I remember I had to wait over 10 days for my ls to hit and tried calling SL they couldn’t do anything about it. Going back would be a truly set back because this truly made a lot of designers work like never before ! And encourage others to come as well ! So going back to the old way would be a hard no for me and bad decision the community could make.
4kt Leeder
We love the option to instant cash out ‼️‼️ we shouldn’t be forced to have to offer to sell our ls ‼️ it’s 2025 moving forward we would like more freedom ‼
squidpaladin Resident
4kt Leeder We do have that. It's just labeled differently
szzurp Resident
I Just don't think removing the instant cashout option for your players is beneficial whatsoever 🤷.
Monamaldita Resident
The second table is the value that customers are willing to buy and pay, it is the value used in the "Instant Sale", as you can see you will lose more LS. Before removing this option it was at 279LS per dollar and now it is falling, precisely with the change. Like it or not, this will force everyone to learn how to sell and value their money, and have a better idea of how much their LS is worth. I recommend everyone to read about it and try it, you will see that it is worth waiting a few minutes or days to have more dollars for less LS. Offers are falling from customers, now it's up to sellers to be aware and value their work to lower resale as well. The maximum should be 249ls per dollar to be accessible and fair for both sides. LL needs to regulate and set a maximum and minimum limit for the market to be fair.
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