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Complete 3 page APA formatted essay: Financial Analysist.Second Life was developed in Linden Lab by Philip Rosedeal with the intention of developing a computer hardware that was to allow people to imm

Complete 3 page APA formatted essay: Financial Analysist.

Second Life was developed in Linden Lab by Philip Rosedeal with the intention of developing a computer hardware that was to allow people to immense in a virtual world. In development of the hardware, there was struggle by the company to produce a version that was referred to as The Rig which was considered a form of prototype that was considered a clunky steel machine with computer monitors worn at the shoulders. The idea that was used was then changed into a version of software where people participated in task-based games and interacted in a three dimensional in an online environment.

Virtual worlds that are based on computers have existed for a long time since there was revolution in information technology sector which began in 1970s. The roots of the development can be traced back to Dragon and Dungeons type of role playing games. There has been repaying in development of the virtual world. Partly due to continual refinements and modifications, it has to the current situation proved impossible for academics and others to agree upon a definition virtual worlds that are computer generated.

The full introduction of the software was in 2003 where people that used it were allowed to reinvent themselves in an online environment taking on their own persona and exploring virtual world. Since the launch that was done on June 2003, the application has become a global phenomenon. The total number that has signed up for the virtual world currently exceeds 24 million people and there is an increase in the number by more than ten thousand each day. In 2005 and 2006, the virtual word began experiencing a lot of attraction that was on the media. During the time Anshe Chung became the virtual world poster child and symbol for the economic activity that the virtual word offered to its residents. According to statistics, by January 2008, those that were connected to the

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