Upland lets players trade virtual property for real money using Tilia Pay

Upland is launching virtual asset trading using Second Life’s payment network, dubbed Tilia Pay. That means that you’ll be able to acquire real-world properties in Upland’s virtual world and sell them for a profit that comes back to you in real cash.

This is an example of what goes around comes around in Silicon Valley. Back in 2010, Keith Lee started a company called Booyah, which created MyTown. It was a version of Monopoly where you used real-world locations and could take them over.