Option 2 is to just create  a new website, keep it on this server, and if growth comes raise L$ through either ISE share creation or use earnings to rent new servers if needed.

Option 3 is to spin off a new security with no IPO, use this server and then if necessary raise L$ through a later IPO in the new security or use the new securities earnings.

Option 4 is to leave the feature here and see what happens.

Thanks Duke, that can be evaluated further and can be refined or figured out.  My real goal is to get a unique technology, that is filling a niche, out there to use for all of SL.  A good portion of residents isn't going to use it because of distrust of stock exchanges.   Also, it will consume lots of resources, meaning money with little upfront payback and I don't want to burden the ISE with that.  This is not an off the back money maker, it will suck up all money it makes.

The second thing is to get big servers, which are needed.  This is a resource intensive app.  Converting video to a format takes CPU, hosting video takes bandwidth, etc.

I think all of the rest can be hashed out if the above two can be met.

Let me also say, this is a unique technology.  I have searched and there is nothing quite like it out there.   There are a few that will let you convert Youtube to QT online and download it.  But there is nothing that I have found that converts it and then hosts it for viewing in SL.

That doesn't mean that this is going to be a success, it could be a huge flop.  We'll see.  I am about to do a mini-test to gauge potential.

The model would probably be advertising, and then some amount of L$ for a premium account.  Those details will have to be worked out and research done to see if and what the market for this would be priced at.  I think probably 5 uploaded videos free and L$1,000 a month for a premium account which means unlimited uploads or something similar.   Advertising would be Google ads, other third party ads and selling ads directly.

Looks like I need to develop the technology a little more first before ipo'ing.   I don't want it to bomb, especially considering the kind of Lindens that would be needed to make this a reality.  I will probably develop the website and the in-world technology first.  So it should be a couple of weeks before this IPO's if it does IPO.

Sure Legolas, I can talk in-world over the week-end.  I was in-world for several hours today at the ISE branch office working on this actually.  I will be in-world working on it more this week-end so I'll be glad to discuss or answer any questions.

I am also starting to add the features on to the website to get a more mature product.  This is extremely risky and before I ask anybody to invest, they will get to see more than the proof of concept that is on the site.  With that said, this may be a huge bust and I want to keep telling people that.  I'll work as hard as I have to build the ISE site but it is risky and will take huge amounts of computing resources that could suck up lots of money.


At this point, the features added will be

1. a counter to know how many times a video been viewed - which is almost working on this site now, SL in-world is giving me a few problems
2. a comments section
3. customizable pages similar to what myspace or facebook has now
4. getting a better audio and video codec that will work in-world and allow streaming - again SL seems to want to give me some problems here

Hopefully I will have the site up and ready within the next 10 days.  I may go ahead and put the IPO application in over the weekend for approval.  I need to think about it, again because of the risk.  Wow, with the constant this may bomb badly I am doing a great job selling this IPO aren't I?