About our Stock Exchange

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About our Stock Exchange

Vstex - Community based Virtual Stock Exchage:

The first Second Life virtual stock market managed with the contribution of ideas from an open community; this new marketplace is promoted by Vstex Company. The acceptance of new companies into our stock exchange and some rules will be delegated to our community using a democratic and automatic online voting system.

The starting point of the project is the view of "Second Life" as a huge ideas container, as a new communication model. As a natural consequence of the development of the web in the past ten years, users from all over the world can interact and cooperate.

Vstex aim is to provide all necessary means to those who have interesting ideas to carry out or for those who already have their own virtual businesses and want to expand; at the same time, it gives everybody the possibility to try out virtual investments or to cooperate with the achievement of the idea or the growth of the company they hold to be the best.

We don’t want to build a Second Life "carbon copy" of a real life stock exchange system; we know this is at the time almost impossible since the metaverse lacks a central, unbiased and not partial governing body which oversees the operations of the listed companies and exchanges.

Hence, the idea of a Virtual Stock Exchange community based (Vstex), where the relationships between investors and companies are not only represented by the share exchange on our platform, but also from the existence of a democratic community where persons with ideas join together in order to carry them out with the help of other users who are disposable to sponsor such ideas, thus creating a state of reciprocal confidence.

Community users decide which financial ideas can be accepted in the share market. The community as a whole decide to whom trust must be given before he enters the market, not a limited number of users.

The members of the community can also propose to become active collaborators in the realization of the business plan of the IPO company; this latter must give the preference to members of the Vstex community in case it needs further human resources for the realization of the project.

Vstex regulations are based upon a beta experience elaborated from the creators of the system, but will nevertheless develop in a democratic way through an automatic proposal/voting system which will take place on the website. For further info, please click the rules section

In order to realize this ambitious project, we bought the Vstex Island, an entirely private island property of Vstex. It is the pulsing core of all of our activities, where every Vstex listed company has got its own info desk where curious and interested people are received and can get detailed info (see the Vstex Island section)

We also use a sophisticated trading system, available on our website or through an inworld HUD, completely built by the founder team of Vstex, and operated on servers owned by Vstex. (click on the tools section for more info). The founders of Vstex are RL shareholders of an Italian web agency. In this case too, the development of the system will evolve according to the community’s suggestions.

In order to offer better protection to investments, Vstex operates a risk fund. The risk fund will be fed by a 0.5% fee on all transactions on the Vstex platform, a 2.5% fund commission on every IPO launched on our exchange.

Our aim is not to compete with existing stock markets; we pursue our vision of a safe financial market and crystal clear transparency and we'll be happy to cooperate with everyone sharing that vision.