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

Get a job. The new normal.

It seems now its the time to start taking risks for job allocation, so if you have cash liquidity, don’t wait till this becomes pricier. Pick a number now!

The Sabotage Hedge Fund goes unexpectedly down as the Possibleworlds server valuation hits a severe bump. The recommendation is to not panic and keep it, if you already have it as it should regain its value anytime soon.

El Zorro  is not doing too good either, but with a little attention could regain its lost ground.

To invest or for more info: http://spacebank.org/bsx/

The Winners: 

Job Allocation
8,203.20
Yes
n / a
1,608.48
No
Hold
58.24
No
Sel

The Losers:

3,860.63
Yes
Hold
233.40
No
Sell
157.05
No
Sell

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

El Zorro Alternative Reality News survives after re-capitalization and split.

El Zorro Alternative Reality News did survive. After what was a round of negotiations, its shareholders agreed to re-structure, and capitalize with 5,000 DMS per share they held. Afterwards they  split the stock, which was composed of 500 shares and it is now 1,000 shares.  Additionally, 1 new share will be given for every 4 previously held.

It may sound like a losing situation, given that shareholders had to pay 5,000 DMS to keep a share valued at 710.95 DMS. And in that way it would have been, but this was the only way such a project can continue online and going for another year. There was also a debt with the Possibleworlds cooperative server, which was paid in full last night. Of the 9 shareholders only 2 decided to sell out.

After the split, it was expected that the value of the share would be around 355 DMS, but  it stayed at 455.71 DMS. This is great news. It means El Zorro, even if splitting, it is in fact growing.

To invest or for more info: http://spacebank.org/bsx/

The Winners: 

BSX listed virtual enterprise
2,348,545.20
n / a
171.18
No
Buy
79.85
No
Sell

The Losers:

455.71
No
Sell