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The Virtual Gold Rush

 
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The Virtual Gold Rush
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Joined: 16 Oct 2010
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Location: England

Post The Virtual Gold Rush
As a kid you might have wished "if only you could make money playing video games." Well now you can, if you don't mind violating the End User License Agreement of the game's manufacturer.
According to Synthetic Worlds author Edward Castronova,[link widoczny dla zalogowanych], black market [link widoczny dla zalogowanych] from some Massively Multiplayer Online Role Playing Games is valued higher on eBay than the Japanese yen and the currencies of third world countries.
So, neither gold farming startup companies nor individual gamers are willing to let the End User License Agreement stop them from cashing in.
You see your character might desire a magical sword, but not have enough gold to buy it. That's where the black market comes in. You simply go to eBay, or any of a number of gold selling websites,[link widoczny dla zalogowanych], and purchase with real money the play money that you need. As you can surmise,[link widoczny dla zalogowanych], this happens a lot.
The process of gathering game gold to sell for real money even has a name - "gold farming". And with a 100 million plus players globally that means that game gold is pretty valuable.
Thus your character might have their own castle, and be in a warrior guild with hundreds of other players, and team up together for epic quests to travel into dangerous dungeons and kill powerful beasts like dragons and demons.


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Wed 16:40, 06 Apr 2011 View user's profile
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