Kitely Forums

oopsee joseppe wrote:curious...will there be a time when kc's are exchanged for rl currency? Don't really care just curious if this might be something on the back burner? Or possibly using a third party exchanger like "inbiz" where kitely bucks could be redeemable then exchanged for rl currency?

Just a little fyi, I have done some small amount of reading someplace saying that such things that inbiz does in that regard may have to change due to all the new focus on VR currencies going around lately.

I kinda suspect that Kitely is on the forefront in how they perceive this to go.

The response has always been that KCs will never be convertible.

Hi Carlos,

It shouldn't be a problem for a competent developer to create a script that updates the world state when receiving a region restarted event, so rental systems can be created.

Hi oopsee,

Kitely Credits are, and unless US regulations change, will remain a non-convertible virtual currency. It's technically easy to change that but, due to the legal burdens created by FinCEN guidelines, it would become prohibitively expensive for us to do so.

Your assumption should be that this will never change. I wouldn't expect governments to become more lenient in regulating virtual currencies.

Ilan Tochner wrote:I wouldn't expect governments to become more lenient in regulating virtual currencies.

From your lips to God's ears...ain't dat de truth!!

And, everything else!!

oopsee joseppe wrote:curious...will there be a time when kc's are exchanged for rl currency? Don't really care just curious if this might be something on the back burner? Or possibly using a third party exchanger like "inbiz" where kitely bucks could be redeemable then exchanged for rl currency?

Just bought it now, hope Kitely Market keeps getting better

Another idea would be to get rid of KC's all together and use USD or Euros as your currency in and out of world.

KCs get over the problem of PayPal's disproportionate transaction fees for low-cost items. Having both systems gives choice and flexibility.

Dot Matrix wrote:

Carlos wrote:I wonder if it is possible to create a rental box with a script that counts time wile a given world is online and in spite of going off when no one is in the land, still updates and resumes accurate counting when it comes back online during the next vist taking in account the offline time lapse ???

Something like this for a complete region?
http://www.kitely.com/market/product/30 ... sed-worlds

I have that one it does not count time backwards and also does not upgrade from regions down time and worse its non modify, you cant eve setup rental info

You guys, Kayaker has already created an object that accepts paypal inworld. I have two of them rezzed on poesy. One in the ballroom, the other in the auditorium. Go see. And then Talk to Kayaker.