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The New New Economy: Earning Real Money in the Virtual World
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******************************** The New New Economy: Earning Real Money in the Virtual World http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1302 In the multiplayer online games that make up the virtual economy, currencies such as the Linden dollar trade against the U.S. dollar, companies create markets for everything from magic shields to potions, and the most dedicated players can earn a living by collecting and selling assets that other players want. While the market for virtual asset trading is estimated at anywhere from $200 million to $1.5 billion, its actual size is debatable because transactions are generally undocumented and unregulated. What's clear, however, is that the virtual role-playing games are increasingly popular, profitable and controversial.
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