Second Life is an online virtual world, or metaverse, developed and owned by the San Francisco-based firm Linden Lab and launched on June 23, 2003. Second Life users, also called residents, create virtual representations of themselves, called avatars, and are able to interact with places, objects and other avatars.

Does Second Life give you real money?

Linden Labs, the creator of Second Life, implemented L$ to facilitate the exchange of goods and services within the virtual world. Residents can obtain L$ in several ways: Residents can buy L$ with real world money at the LindenX, Second Lifes currency exchange. Currently, $1 buys about L$250.

How much do people make on Second Life?

After all, about 200 Linden Lab staff people are specifically working on Second Life, and they earn an average of $100,000 a year. (Executives earning low six figures, low level support staff making maybe $50-75K.)