The OMC, or Open Metaverse Currency, is a virtual currency from Austria-based VirWoX that can be used to buy and sell virtual goods on OpenSim grids.The OMC is fully convertible, and can be bought and sold for US dollars, British pounds, Euros, and Swiss francs, and can also be traded for Second Life ‘s Linden dollars. The OMC has an exchange rate of around 270 OMC to US $1.The OMC isn’t transferred from grid to grid — instead, it’s kept in an online VirWoX account, requiring each transaction made inside a virtual world to be verified on their website. The status bar on the top of the viewers will show your current OMC currency balance if you are on an OMC enabled grid. A recent innovation — Pocket Money — allows hypergrid travelers to keep a portion of their balance in a fast-access account, allowing in-world purchases to be made without a second confirmation step.
Via www.hypergridbusiness.com

Via opensim-creations.com

Via www.kzero.co.uk

Strong growth in the virtual worlds sector throughout 2011 saw total cumulative registered accounts reach 1,772m at the end of Q4 2011. This growth was driven by booming user bases from worlds such as Poptropica, Habbo, Moshi Monsters, Stardoll and Club Penguin.Encouragingly, whilst the top-tier larger worlds (with over 50m registered users) continue to attract users and leverage their brands, mid-tier worlds (10m to 50m registered users) such as Bin Weevils, Wizard 101, Minecraft, Meez and Fantage also posted positive increases.
Via www.kzero.co.uk

Yesterday (and I nearly missed it), Karl Stiefvater put up a preliminary look at the crowd-funded parametric mesh deformer. “I should specify immediately that it’s not done,” said Stiefvater, “but the heavy-lifting part of it is.”
Via dwellonit.taterunino.net

Beginning around 2005 Colleges and Universities around the country became increasingly interested in the learning opportunities offered by the 3d Virtual World Second Life. Colleges and Universities around the country from Texas State Technical College which developed an online associate’s degree program, to Ivy’s like Harvard, flocked to Second Life to develop virtual campuses and classrooms. At the University of the District of Columbia, the Administration of Justice program created a Second Life Virtual World to simulate investigation scenes.
Via cat-udc.blogspot.com

Alvaro Cassinelli is an assistant professor at the Ishikawa-Oku lab at the University of Tokyo. He and his partner, Alexis Zerroug, have created a multi-modal, spatial augmented reality, a system that instantaneously changes household objects into communication devices. The effect, known as “invoked computing”, is a process that has enabled Cassinelli to transform a discarded pizza box into a laptop computer and a banana into a telephone. The idea won the grand prize at Laval Virtual, an international conference and exhibition on virtual reality and converging technologies.
Via www.guardian.co.uk

The Raytheon team of Reston Virginia along with other technology giants involved in Virtual Combat Simulation, successfully designed a portable, fully immersive, IED training platform using commercially available, off-the-shelf components. The Virtual IED Combat Simulator provides accurate, real-time, live-Soldier simulations for training exercises. Their configuration is flexible. Due to this, individuals, teams and full units are able to be trained simultaneously. As part of the IED Defeat Task Force, Raytheon Chairman and CEO William H. Swanson stated, “The task force’s goal is to identify and field technology and training solutions designed to defeat IEDs.. The task force’s goal is to identify and field technology and training solutions designed to defeat IEDs.”
Via www.examiner.com

As we reach the end of 2011, I thought it would be inter­est­ing to take a look back on some Second Life stat­ist­ics for the past year. The last time I did this was almost two years ago, where I briefly ana­lysed the Second Life con­cur­rency stat­ist­ics for 2006 to 2009. This time I’m going to give a brief over­view of some Second Life stats for 2011 and see how it com­pares to 2010.
Via aaronp.me

I’ve been reflecting back on how 2011 has been for Second Life. I didn’t make any predictions for the year, but on reflection, I believe it was a good year for Second Life. Perhaps the best year for Second Life that I can recall for quite some time.
Via dwellonit.taterunino.net