Banking in Second Life

An interesting tidbit on the social networking side, Wells Fargo is ramping up its virtual world efforts with Stagecoach Island. They have launched their own virtual world on the popular Second Life. Though initially coming to life two years ago, it’s been completely revamped and relaunched, with a new attitude.

Some of the new features include the ability for users to buy virtual land and build homes. Yeah, yeah, that sounds just like Second Life. But let’s remember that this is a virtual world that’s being launched by a bank. That means you can get virtual mortgages, open virtual checking accounts, apply for virtual credit cards, and secure virtual jobs. You even have to pay virtual taxes.