On Wednesday, September 19, we will be launching the new Second Life auction system. Transitioning to FairMarket, an external auction platform powered by eBay technology, allows Linden Lab to continue our focus on improving platform stability and other core initiatives. At this time only Linden Lab land auctions (mainland and a small number of abandoned parcels) will be placed into the new system. In the future we may also allow other types of auctions and sales through this new service.
Buyers will probably notice only minimal differences. Click on Auctions from the Second Life homepage, and find land auctions in $L and $USD, featured parcels, and links to manage and track your bids. Please refer to the FAQ page when we launch next week for more details on registration, eligibility, bidding, billing and resolving problems .
The one exception is that currently you may participate in auctions for land reservations. Residents could reserve space for a period of three months. Under the new system, we are no longer supporting these reservations. For Residents who have unconverted reserved land, we will honor the reservation for a three month period (the maximum a single reservation auction runs without renewal) from the launch date.
After the three month period, all unconverted reservations will be allowed to lapse. This does not alter the reserved area inherent around all regions automatically, and we still will not allow regions to be impinged upon nor allow “blocking” by others. Further details on island placements and moves will be discussed another post.