What is a Charter Membership

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Occasionally, an older Resident may be listed in his profile as being a 'Charter Member' of Second Life. This is a privilege extended to the oldest Residents who were willing to risk a larger upfront payment for never having to pay subscriptions ever again for life prior to version 1.2. This membership type was extended at the introduction of land tier to provide a free 4096sqm of land tier per Chartered Member.