Cruel summer.

 

Summer hasn’t been all that kind to the Digital Material Sunflower nano-macro economy, as there hasn’t been much emphasis on inter-node and translocal trade, and more on other sort of digital labor, such as Comparte Digital.

We can also see that unless radical measures are taken to combat inertia more of this can be expected.  In the meantime, the exchange rate at the beginning of the week, its the following:

1 Digital Material Sunflowers =
Second Life L$ 0.01

100 Digital Material Sunflowers =
$ 0.003 Brooklyn Torches
$ 0.04 Tumines
Second Life L$ 0.62

1,000 Digital Material Sunflowers =
$ 0.03 Brooklyn Torches
$ 0.45 Tumines
Second Life L$ 6.17

5,000 Digital Material Sunflowers =
$ 0.13 Brooklyn Torches
$ 2.23 Tumines
Second Life L$ 30.83

A Digital Material Sunflower Money Exchange in Greenpoint.

Its official, the New American Sweatshop is running a permanent Digital Material Sunflower money exchange in Greenpoint, Brooklyn.

More news as they materialize.

1 Digital Material Sunflowers =
Second Life L$ 0.01

100 Digital Material Sunflowers = 
$ 0.004 Brooklyn Torches
$ 0.07 Tumines
Second Life L$ 0.98
1,000 Digital Material Sunflowers = 
$ 0.04 Brooklyn Torches
$ 0.72 Tumines
Second Life L$ 9.78
5,000 Digital Material Sunflowers = 
$ 0.20 Brooklyn Torches
$ 3.58 Tumines
Second Life L$ 48.88

Frankfurt’s temporary DMS Money Exchange is closed now.

The temporary Digital Material Sunflower Money Exchange in Frankfurt closed after a successful week where reports tell us that there were trades in national currencies like the Kenyan Schilling, Ghanan Cedi, as well as the more traditional Euro.

The money exchange which is run by the New American Sweatshop is considering starting a more permanent operation in Green Point, Brooklyn.

More news as they materialize.

1 Digital Material Sunflowers =
Second Life L$ 0.01

100 Digital Material Sunflowers = 
$ 0.004 Brooklyn Torches
$ 0.08 Tumines
Second Life L$ 1.10
1,000 Digital Material Sunflowers = 
$ 0.04 Brooklyn Torches
$ 0.82 Tumines
Second Life L$ 11.00
5,000 Digital Material Sunflowers = 
$ 0.22 Brooklyn Torches
$ 4.09 Tumines
Second Life L$ 55.00

A temporary money exchange in Frankfurt.

This week a temporary Digital Material Sunflower Money Exchange will be running in Frankfurt, Germany, in collaboration with the New American Sweatshop. Afterwards it is expected that the money exchange relocates to Greenpoint in Brooklyn, where it will be one of two money exchanges operating simultaneously in the borough that saw the network currency born.

The Digital Material Central Bank is taking risks with illiquid literary commodities as a way to pump up the value of the DMS. A risky bet, but a noble one. We’ll see how it goes. In the meantime -as in the previous weeks- the trend is to go down.

1 Digital Material Sunflowers =
Second Life L$ 0.01

100 Digital Material Sunflowers = 
$ 0.005 Brooklyn Torches
$ 0.09 Tumines
Second Life L$ 1.22
1,000 Digital Material Sunflowers = 
$ 0.05 Brooklyn Torches
$ 0.89 Tumines
Second Life L$ 12.19
5,000 Digital Material Sunflowers = 
$ 0.26 Brooklyn Torches
$ 4.59 Tumines
Second Life L$ 62.62