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Domain: virtualeconomies.net

Stories and comments across the archive that link to virtualeconomies.net.

Stories · 2

  1. P2P Virtual Currency Exchange Launches

    Games · Money · · posted by samzenpus · from the buy-your-money dept. · 128 comments
    miller60 writes "In the wake of eBay's decision to halt auctions of virtual property, new companies are entering the market to fill the void, including one allowing gamers to trade game currency directly with one another rather than buying from IGE or other exchanges. The company, Sparter, says this eBay-like "peer-to-peer" approach will result in lower prices as sellers compete. It incorporates a reputation system and escrow for gold delivery. Sparter received venture funding from Bessemer Capital, signaling that VCs still see opportunity in the virtual economy, even if eBay doesn't."

  2. Taiwan Earthquake Disrupts Virtual Currency Market

    Games · Internet · · posted by Zonk · from the no-christmas-gold-for-you dept. · 53 comments
    miller60 writes "Telecommunications outages from Tuesday's earthquake in near Taiwan have disrupted the market for virtual currency from MMORPGs, with market leader IGE and other major online sellers reporting inventory and delivery problems. The market for the real money trading of game assets is highly dependent upon suppliers operating 'gold farms' in China and other Asian countries. With Internet access from Asia limited, these suppliers are apparently having trouble logging into games to make deliveries of gold and accounts. Online markets for the sale of game assets have grown in recent years, despite heated debates about the practice among gamers."