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• World_Stock_Exchange abstract "The World Stock Exchange (WSE) was a virtual securities exchange created Hope Capital Pty. Ltd. of Melbourne, Australia and managed by CEO, Luke Connell.The game opened on 5 March 2007 and first appeared in the virtual world of Second Life. Transactions occurred outside of Second Life on the WSE website. The game initially used the Linden Dollar currency from Second Life and in July 2007 integrated a new virtual currency called the World Internet Currency (WIC, WICS, W$). The WIC currency, similar to the Linden Dollar, could be converted to/from USD. In its first 25 days, the WSE generated $200,000 in trading volume. Players of the game were not legally protected as with a real stock exchange, instead trading was governed by the Linden Labs terms of service and the listing rules created by Connell.In July 2007, an avatar with inside information hacked the WSE computers and made off with 3.2 million LD (or about $12,000US). The WSE shut down temporarily to investigate and perform system upgrades. As a result, WSE software development and upgrades were moved in house and positions were no longer available to anonymous Second Life avatars. The incident sparked debate over the WSE's classification as a game since the virtual currency, Linden Dollars, were able to be exchanged for real money. Connell maintained that no crime had occurred since all transactions and companies involved in the game were fictional. He blamed the backlash against the WSE on a few disenchanted companies whose initial stock offerings failed to perform to their expectations. Shania Stewart, whose avatar first reported the theft had her company delisted from the WSE shortly thereafter. She later told BusinessWeek that the delisting occurred because "she believed the exchange had no intention of disclosing what happened". Linden Labs declined to comment on the incident.The WSE halted trading on 9 November 2008, pending an announcement. According to the 30 November 2008 announcement, the WSE planned to delist any remaining Second Life-based companies and would not reopen until late January 2009. In August 2009, WSE released a new announcement indicating that delays in the development process prevented meeting the earlier launch dates and the game was tentatively set to re-launch on 1 September 2009. The exchange never re-opened.While the site still claims that a new version of the exchange will be "coming soon", the main site still shows the same April 24, 2010 announcement as of September 2013. None of the Second Life investors who still held a balance in the WSE when the first market halt occurred in December 2007 have been returned their Linden Dollar or WICS balances.".
• World_Stock_Exchange foundingYear "2007".
• World_Stock_Exchange genre Role-playing_video_game.
• World_Stock_Exchange genre Simulation_game.
• World_Stock_Exchange industry Video_game_industry.
• World_Stock_Exchange keyPerson Luke_Connell.
• World_Stock_Exchange location Australia.
• World_Stock_Exchange location Melbourne.
• World_Stock_Exchange type Stock_exchange.
• World_Stock_Exchange wikiPageExternalLink www.wselive.com.
• World_Stock_Exchange wikiPageExternalLink www.wselive.com.
• World_Stock_Exchange wikiPageID "13710994".
• World_Stock_Exchange wikiPageRevisionID "589470719".
• World_Stock_Exchange companyLogo "178".
• World_Stock_Exchange companyType Stock_exchange.
• World_Stock_Exchange foundation "2007".
• World_Stock_Exchange genre Role-playing_video_game.
• World_Stock_Exchange genre Simulation_game.
• World_Stock_Exchange hasPhotoCollection World_Stock_Exchange.
• World_Stock_Exchange industry Video_game_industry.
• World_Stock_Exchange keyPeople Luke_Connell.
• World_Stock_Exchange location Australia.
• World_Stock_Exchange location Melbourne.
• World_Stock_Exchange slogan "Creating a Society based on Vision and Virtues".
• World_Stock_Exchange website www.wselive.com.
• World_Stock_Exchange wordnet_type synset-company-noun-1.
• World_Stock_Exchange subject Category:Fictional_organizations.
• World_Stock_Exchange type Abstraction100002137.
• World_Stock_Exchange type Company108058098.
• World_Stock_Exchange type FictionalOrganizations.
• World_Stock_Exchange type Group100031264.
• World_Stock_Exchange type Institution108053576.
• World_Stock_Exchange type Organization108008335.
• World_Stock_Exchange type SocialGroup107950920.
• World_Stock_Exchange type YagoLegalActor.
• World_Stock_Exchange type YagoLegalActorGeo.
• World_Stock_Exchange type YagoPermanentlyLocatedEntity.
• World_Stock_Exchange type Agent.
• World_Stock_Exchange type Company.
• World_Stock_Exchange type Organisation.
• World_Stock_Exchange type Organization.
• World_Stock_Exchange type Agent.
• World_Stock_Exchange type SocialPerson.
• World_Stock_Exchange type Thing.
• World_Stock_Exchange comment "The World Stock Exchange (WSE) was a virtual securities exchange created Hope Capital Pty. Ltd. of Melbourne, Australia and managed by CEO, Luke Connell.The game opened on 5 March 2007 and first appeared in the virtual world of Second Life. Transactions occurred outside of Second Life on the WSE website. The game initially used the Linden Dollar currency from Second Life and in July 2007 integrated a new virtual currency called the World Internet Currency (WIC, WICS, W$).".
• World_Stock_Exchange label "World Stock Exchange".
• World_Stock_Exchange sameAs m.03cfwn6.
• World_Stock_Exchange sameAs Q8036266.
• World_Stock_Exchange sameAs Q8036266.
• World_Stock_Exchange sameAs World_Stock_Exchange.
• World_Stock_Exchange wasDerivedFrom World_Stock_Exchange?oldid=589470719.
• World_Stock_Exchange homepage www.wselive.com.
• World_Stock_Exchange isPrimaryTopicOf World_Stock_Exchange.