BidSL: eBay Style Auctions In A Virtual World

September 10, 2007 by Cris | 1 Comment

TechCrunch:

Ohio based BidSL launched Friday with a product that offers eBay style auctions in Second Life.
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BidSL allows any Second Life resident to put an item up for auction by renting an available auction device. The user can choose the number of days that the auction will run, and set a minimum bid as well. Items offered can be both virtual items (Second Life goods) or real world items.

The cost of running an auction is charged at a set rate usually around L$1-5, and sellers do not pay a percentage of the sale.

To place a bid on the item, a bidder right-clicks and pays the auction device the amount they wish to bid. If the person is outbid, the amount paid for the earlier bid is instantly refunded.

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