Cloud Party Marketplace Now in Beta - Commerce System Comes With Royalties for Resold Items!
Cloud Party's Marketplace is now open in early Beta, adding a commerce system to the web-based virtual world backed by Second Life co-founder Cory Ondrejka. Emphasis on "early" -- everything in it has been set for a price of 0 Cloud Dollars, as CEO Sam Thompon explains in the announcement, so they can test out the system. Thompson tells me they'll enable the Marketplace with full commercial features when they roll out the new Cloud Party avatars -- probably within the next 1-2 months. In any case, as the screencap above shows, the Cloud Party Marketplace comes with a cool and (I think) unique feature: Royalties for object re-sales. As Thompson explains to me:
"The idea is to encourage people to create not just complete finished products, but components that other creators can use to build things. Some people might be great at modeling or texturing, but not scripting or animating. This allows for more fluid collaboration between creators, and the profits can be shared between the between the different creators."
"When you sell an asset with Resell permissions (see Permissions FAQ), you will be able to optionally set a royalty fee that will be applied whenever that asset is sold (either by reference on another asset or by itself with modifications). This royalty will be paid back to you each time the new object that uses or is based on your asset is sold."
Great idea -- and great progress, for a world that launched only three months ago.Tweet