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Ticker SLV
Company Name SL Video
CEO CockyDagger
Board Director Rodders Holgado
Description
Video in Second Life, in my opinion, is the most underutilized service offered through SL. The reason is Linden Labs decision to support the Quicktime format instead of using the more popular Flash video format. This new company would fill the niche by creating an easy to use video upload site that is SL friendly. It will offer easy to use tools for uploading as well as creating a strong in-world video presence by buying a private island called video island. This is a spin off of the video service that is already offered by the ISE. The reasoning for spinning it off is to raise capital to rent a dedicated server with the capacity to handle this service as well as buying an island to create themed areas to showcase videos. Spinning off the business will open up the video service to a much larger SL market then the exchange can reach.
Discussion and progress updates will be posted in this thread.
Because this is a spin off current ISE shareholders will receive one new share for each four shares of ISE they own. Given where the software is at, I feel this is a fair offer for current shareholders as well as being able to attract investors to the IPO.
I will get my 1 share for each 4 shares of ISE I own as well as giving myself 100,000 extra shares since I will be doing a lot of work over the next several weeks and feel this is equitable.
Original Number of Shares 2,000,000
Shares still available in IPO 1,250,000
IPO Price $L1.00
Website coming soon
Use of Capital
Xeon Quad Core 2.13GHz
2048MB RAM
250GB SATA
2000GB Transfer
$99/setup
$149/month
One year of dedicated hosting with the above server
L$259,463
One Private Island and 6 months of tier.
L$693,000
Marketing Blitz
L$200,000
Miscellaneous
L$ 47,537
Risks
Risks are many.
There are many established competitors offering video in the FLV format. If SL enables this format for viewing in-world and the service doesn't have enough traction it will be difficult to compete.
Video is expensive and growth could present many technical challenges.
ROI will not be immediate all earnings will have to be sunk back into the business for growth.
LL could offer a similar! service that without traction could render this service useless.
Growth in SL has to occur which has not happened in the last year.
Headquarters Coming after IPO
Land Owned Coming after IPO
Cash On Hand $L0.00
Monthly Income
This income statement is a projection and may or may not be accurate
Google adsense - L$27,500/month
Targeted Ads on website and in-world - L$20,000/month
Premium Accounts - L$50,000/month
Expenses
Expenses will be
Dedicated Server - L$40,975
Private Island - L$81,125
Advertising - L$50,000
Miscellaneous - L$25,000
Other Assets Software for website that is currently in development
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I bumped the shares to 2,000,000 and the amount to raise to 1,250,000 to find somebody to help build the themed island. They will get some Lindens and some shares too.
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Also, so there isn't concern that I will know who voted what. The poll only records that you voted not what you voted. The overall tally gets updated but does not save who voted for what. So please vote the way you feel.
A little expansion on my idea for the island. There would be a couple of music video cafe's that play different genre's, a movie trailer cafe, home movie cafe, machinima cafe, etc. There would also be shops to rent to people to help bring in revenue. There would be a theater that would stream in movies in the public domain.
A feature I forgot to mention for the website will be playlists. Members will be able to customize a playlist to have play in-world.
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I have chatted through e-mail to Rodders and it appears that we will work out a partnership for the in-world private island or islands through JAM. More details will come later when there is more time and when we know for sure that the vote will pass. Right now it is 8-1 in favor. I'll let the vote go till next Thursday.
I have done a little more work, identifying a framework/CMS to use and getting it up and running. Also, the video library continues to grow a little bit each day and I will be adding videos from the public domain throughout the week to help build up a library.
Lastly, I went in-world this morning and did work on getting a TV made to hand out but didn't finish. The TV isn't necessary but will make it easier for inexperienced users to get video set up on their land.
Also, thanks to SL Reports for covering the IPO.
http://sl-virtual-world-news.com
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Here are instructions for hosting a video from the ISE on your land in SL.
http://www.intlstockexchange.com/punbb/ … php?id=256
I am close to having the ability to create a playlist on the website and get a free object to play videos.
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I am very interested in this idea, as it could be very nice to have a video night at the club I run (Mutiny - hint, hint
The playlist option would be a must. But I do have some questions:
Those who have a business and see much traffic know how 20-40 avatars can lag a place with their blings and hidden attachments. Streaming audio to them add a lot too. How will a sim with multiple areas, will handle streaming video to all of them? Wouldn't it be more profitable to get the technology out and rent it, then to host it on a sim?
What about copyrights? I'm sure Coky's daughter don't mind yet that we laugh at her eating her cake, but what about music videos of known artists? Or movies?
How many listeners/viewers can your server handle? If it picks up, it could become full in one day, and the business could just crash by the time you get enough to supply the demand. Or maybe I don't understand it well. Will we stream directly from your server, or via a rental video stream?
Yanik
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Thanks Yanik.
My goal is to get the technology out to other sims for the simple reason you state, a sim is going to hold 20-30 people. I do need a sim to develop the technology and I know Rodders will develop and make extra money for the new company. But to be effective the technology has to be for everyone, not just the sim we purchase.
Anybody will be able to video on their land but for club owners they will be able to buy into streaming. That way all club members see the same video at the same time and the club owner gets to set up a playlist. This part will require a fee because a socket will have to be dedicated to this. Pricing will be worked out after more research but a dedicated stream will be priced very inexpensively.
As far as copyrights, we will be doing the same thing Youtube does and follow the DMCA. Once we are made aware of copyright infringement, we will immediately remove the video. This is the only viable method of dealing with it and is why both LL and Youtube follow it as will we.
The last question is tough and I can only ballpark it because a lot depends on how the site is used and how the traffic shapes. I would guess realistically about 500-750 concurrent users.
The stream will come from the new server.
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Did some work today, the website is very close to being done. The vote is going very well 12-1 for. I have moved the newly developed features onto this website for the video software. Here are some screen shots with the new style for the site. I have also decided on the domain name and will reveal it after the vote.
Go to the Gallery and click on the images to get a larger and higher quality image

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of course I believe in sl video. I'd help fund it if need be.
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Great Chaos, the IPO is at 13-1 in favor so barring an unexpected turn I would guess that the IPO is going to pass. The IPO closes Thursday at 8am SLT.
If the IPO is in favor on Thursday at 8am SLT then the IPO will be moved to the approved status and people can start buying shares.
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>>Great Chaos, the IPO is at 13-1 in favor so barring an unexpected turn I would guess that the IPO is going to pass. The IPO closes Thursday at 8am SLT.
Clarifying, I think you mean this thread the "SLVideo IPO" POLL will close Thursday and begin being available. (The IPO itself will close after it is sold out after it is offered.)
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That is right Insouciant, my fault. This thread closes and the actual IPO begins, if the vote is in favor. I hope that the IPO also closes immediately too, that would be nice.
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The vote is now 14-1 with 48 hours to go. I have added a sort on the initial video page. I am about to add search and I have playlist ready to go to. I went ahead and bought the domain name. If the IPO doesn't pass then I'll deal with that.
I also changed the codec for audio and it has reduced the size of the files but they are still not streaming. Assuming the IPO passes and fills, I will change to a different audio codec that will definitely stream.
http://www.intlstockexchange.com/punbb/ … .php?id=73
LL allows you to share their video as long as you credit it, so here is an excellent tutorial on how to get video on your land.
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Locking thread. IPO is over.
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err, IPO over already!??! or poll to opine whether to offer IPO! I think the IPO is still going, having just begun (when this thread's poll expired).
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