The Open Metaverse Currency (OMC) is a virtual currency. Its currency unit is the Open Metaverse Cent (OM¢). It is used to buy or sell virtual goods or services in virtual environments (worlds).
Unlike other virtual currencies it is accepted in a number of such worlds, not just one. Specifically, it is compatible with the OpenSim HyperGrid. This means you can go shopping with your avatar in any of the OMC-enabled grids, and pay in a single virtual currency from a single account. And if you run a business in one of those grids, you can receive OMC from users all around the hypergrid.
Payments made in OMC are free of charge for both the sender and the recipient.
Your virtual money is not really transferred between the OpenSim servers (which should not be considered a safe environment). Instead, it is kept securely in your VirWoX account, and every payment made in the virtual environment has to be authorized on our secure website with your username and password. Please be careful to choose a strong password and make sure that you enter it only on the VirWoX website!
The website also offers detailed reporting of payments sent and received. If you use multiple identities (avatars), you will need separate VirWoX accounts for them, but it is easy (and free) to send OMC from one account to another.
OMC can be bought or sold for real-world currencies such as EUR and USD. It is also possible to directly exchange Second Life Lindens (SLL) for OMC and vice versa.
This page contains up-to-date and historic data on the size and performance of the Open Metaverse Economy, i.e. the part of the OpenSim Hypergrid which has adopted the Open Metaverse Currency (OMC) as virtual currency.
