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News Discussion  » General: A Look at the Virtual Economy

3 posts found
Szark

News Manager

Joined: 5/02/06
Posts: 4423

 
5/19/09 5:21:35 PM#1

The folks at CNN Technology took a look today at virtual currencies and their uses in social networks and online games.

As our identities migrate further onto the Internet, currencies that exist only online are becoming a more significant part of commerce on the Web and in the real world. Some, like the hi5 Coin, operate almost like tokens in an arcade or tickets at a fair: They're a stand-in for real-world currency.

Other "virtual currencies," like Second Life's Linden Dollars, however, are traded on markets. The currencies also fuel online gaming communities and are becoming an important part of social networks.

Several online currencies are competing to be the economic engines for MySpace and Facebook, which don't have their own unified currencies. Other social networking sites, like hi5 and myYearbook, have created their own units of money for their users to spend.

Read more here.
Isturi

Apprentice Member

Joined: 3/03/09
Posts: 276

Sylar I believe your clock is a little off...
5/20/09 8:24:37 AM#2

I think that this is the BLURRED balance between VR and RL some people have a hard time distinguishing both.
Tails1

Novice Member

Joined: 10/10/08
Posts: 11

5/20/09 10:11:53 PM#3

YES!11111111111 now we get to be paid for our religion  addiction  obsession  hobby of choice. But on the downside this can result in even more botting. (which can then destabilize this growing economy )

OS:LCARS vista
http://akirashi.myminicity.com/
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