Virtual Currencies In Online Gaming
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Virtual Currencies In Online Gaming
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Author : Verena Kern
language : en
Publisher: GRIN Verlag
Release Date : 2013-09-11
Virtual Currencies In Online Gaming written by Verena Kern and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-09-11 with Language Arts & Disciplines categories.
Master's Thesis from the year 2013 in the subject Communications - Journalism, Journalism Professions, grade: 1,0, Vrije University Brussel, language: English, abstract: This master thesis approaches the field of virtual currencies in online gaming. It pursues the overall question if it is possible, to establish a universal, virtual currency in the online gaming environment. It aims on showing how virtual currencies in their particular fields work, what the different mechanisms imply and who the stakeholders are. In order to give a comprehensive insight on the topic, framework issues such as clarification of terms in the field of virtual currencies in online gaming will be given. Furthermore, processes, consequences and legal aspects are provided. The core of the thesis contains the analysis of four case studies, covering a representative range of virtual currencies in four different areas of online gaming. The analysis contains a massive multiplayer online role playing game, a gaming application for smart phones, a social network with a gaming section and a virtual marketplace featuring browser games. With the help of a business modeling matrix and a platform typology the cases are analysed on parameters such as e.g. functional and financial architecture. The results, put together in a comparative overview, help to point out particular potentials, chances and risks of virtual currencies in online gaming.
Wildcat Currency
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Author : Edward Castronova
language : en
Publisher: Yale University Press
Release Date : 2014-06-03
Wildcat Currency written by Edward Castronova and has been published by Yale University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-03 with Business & Economics categories.
Private currencies have always existed, from notes printed by individual banks to the S&H Green Stamps that consumers once redeemed for household items. Today’s economy has seen an explosion of new forms of monetary exchange not created by the federal government. Credit card companies offer points that can be traded in for a variety of goods and services, from airline miles to online store credit. Online game creators have devised new mediums of electronic exchange that turn virtual money into real money. Meanwhile, real money is increasingly going digital, where it competes with private currencies like Bitcoin. The virtual and the real economic worlds are intermingling more than ever before, raising the possibility that this new money might eventually replace the government-run system of dollars, euros, and yen. Edward Castronova is the leading researcher in this field, a founder of scholarly online game studies and an expert on the economies of virtual worlds. In this dynamic and essential work, he explores the current phenomenon of virtual currencies and what it will mean legally, politically, and economically in the future. In doing so, he provides a fascinating, often surprising discourse on the meaning of money itself—what it is, what we think it is, and how we relate to it on an emotional level.
Financial Crime And Gambling In A Virtual World
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Author : Clare Chambers-Jones
language : en
Publisher: Edward Elgar Publishing
Release Date : 2014-08-29
Financial Crime And Gambling In A Virtual World written by Clare Chambers-Jones and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-29 with Law categories.
Advancements in technology have seen gambling behaviour transverse a new path. The law has not kept pace with such advances, leaving grey areas of concern undiscussed and unregulated.The authors provide a critical discussion on laws relating to gamblin
Virtual Economy
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Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2024-01-16
Virtual Economy written by Fouad Sabry and has been published by One Billion Knowledgeable this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-16 with Business & Economics categories.
What is Virtual Economy A virtual economy is an emergent economy existing in a virtual world, usually exchanging virtual goods in the context of an online game, particularly in massively multiplayer online games (MMOs). People enter these virtual economies for recreation and entertainment rather than necessity, which means that virtual economies lack the aspects of a real economy that are not considered to be "fun". However, some people do interact with virtual economies for "real" economic benefit. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Virtual economy Chapter 2: Massively multiplayer online role-playing game Chapter 3: World of Warcraft Chapter 4: Twinking Chapter 5: Massively multiplayer online game Chapter 6: Virtual world Chapter 7: Duping (video games) Chapter 8: Free-to-play Chapter 9: Virtual crime Chapter 10: IGE Chapter 11: Gold farming Chapter 12: Gold sink Chapter 13: Virtual currency Chapter 14: Economy of Second Life Chapter 15: Virtual tax Chapter 16: Virtual goods Chapter 17: PlayerAuctions Chapter 18: Massively multiplayer online real-time strategy game Chapter 19: Video game monetization Chapter 20: Skin gambling Chapter 21: Loot box (II) Answering the public top questions about virtual economy. (III) Real world examples for the usage of virtual economy in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of virtual economy.
How To Make Money With Online Games
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Author : HowExpert
language : en
Publisher: HowExpert
Release Date : 2011-03-03
How To Make Money With Online Games written by HowExpert and has been published by HowExpert this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-03-03 with Business & Economics categories.
If you want to combine the fun and enjoyment of playing games online and making a profit from it, but need to know where to start – this guide is for you! In this step-by-step guide "How To Make Money Playing Online Games,” you will: - Learn how and what you need to get into gaming - Discover marketing strategies of the gaming world - Maximize your power leveling potentials – and how to earn as an employee and corporate - Discover secret strategies to earn through online games - How to earn money through MMORPGS - How to be a party player - Learn important tips and techniques on how to sell your virtual items - Learn how to make money and win prizes in competitions - And so much more! HowExpert publishes quick 'how to' guides on all topics from A to Z by everyday experts.
Commercial Transactions In The Virtual World
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Author : Avnita LAKHANI
language : en
Publisher: City University of HK Press
Release Date : 2014-06-30
Commercial Transactions In The Virtual World written by Avnita LAKHANI and has been published by City University of HK Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-30 with Law categories.
There is a growing trend in virtual world commercial transactions. In order to protect people’s rights in the virtual world and keep pace with innovative trading demands, it is essential for us to understand the commercial implications of virtual world economies by evaluating the effectiveness of the existing laws, practices, and policies in business, technology, intellectual property and related fields. This book, in 11 sections, investigates the issues and opportunities associated with commercial transactions in the virtual world. In 29 detailed essays, this book analyses every facet of virtual world transactions, including the nature of virtual commercial transactions, virtual goods and services, transfer of virtual property, issues of negotiable instruments, remedies for buyers and sellers in the virtual world, consumer protection, dispute resolution and other related topics. Each of these sections both contributes to and advances the field of commercial law and related disciplines. This book is an excellent source of reference for students, practitioners, academics, policy makers, and researchers as well as anyone with an interest in the exciting developments of commercial law in cyberspace. This book is published by City University of Hong Kong Press. 香港城市大學出版社出版。
Virtual Currencies Emerging Regulatory Law Enforcement And Consumer Protection Challenges
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Author : United States Government Accountability
language : en
Publisher: CreateSpace
Release Date : 2015-01-01
Virtual Currencies Emerging Regulatory Law Enforcement And Consumer Protection Challenges written by United States Government Accountability and has been published by CreateSpace this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-01-01 with categories.
Virtual currencies are financial innovations that have grown in number and popularity in recent years. While there is no statutory definition for virtual currency, the term refers to a digital representation of value that is not government-issued legal tender. Unlike U.S. dollars and other government-issued currencies, virtual currencies do not necessarily have a physical coin or bill associated with their circulation. While virtual currencies can function as a unit of account, store of value, and medium of exchange, they are not widely used or accepted. Some virtual currencies can only be used within virtual economies (for example, within online role-playing games) and may not be readily exchanged for government-issued currencies such as U.S. dollars, euro, or yen. Other virtual currencies may be used to purchase goods and services in the real economy and can be converted into government-issued currencies through virtual currency exchanges.
Digital Currency Breakthroughs In Research And Practice
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Author : Management Association, Information Resources
language : en
Publisher: IGI Global
Release Date : 2018-07-06
Digital Currency Breakthroughs In Research And Practice written by Management Association, Information Resources and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-07-06 with Business & Economics categories.
Digital technology has revitalized the landscape of the global economy. As digital currency, such as bitcoin and IOTA, continues to become more prominent in society, conducting further research in this area is vital to promoting economic advancements. Digital Currency: Breakthroughs in Research and Practice is a critical source of academic knowledge on the use of computers, smartphones, and the internet to purchase goods and services using virtual currency. The security and privacy aspects of using digital currency are also explored. Highlighting a range of pertinent topics such as electronic commerce, online transaction payment, and web-based electronic money, this book is an ideal reference source for business executives, financial analysts, business professionals, economists, IT professionals, and researchers interested in emerging trends in digital currency and finance.
Virtual Economies
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Author : Vili Lehdonvirta
language : en
Publisher: MIT Press
Release Date : 2014-05-09
Virtual Economies written by Vili Lehdonvirta and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-09 with Business & Economics categories.
How the basic concepts of economics—including markets, institutions, and money—can be used to create and analyze economies based on virtual goods. In the twenty-first-century digital world, virtual goods are sold for real money. Digital game players happily pay for avatars, power-ups, and other game items. But behind every virtual sale, there is a virtual economy, simple or complex. In this book, Vili Lehdonvirta and Edward Castronova introduce the basic concepts of economics into the game developer's and game designer's toolkits. Lehdonvirta and Castronova explain how the fundamentals of economics—markets, institutions, and money—can be used to create or analyze economies based on artificially scarce virtual goods. They focus on virtual economies in digital games, but also touch on serious digital currencies such as Bitcoin as well as virtual economies that emerge in social media around points, likes, and followers. The theoretical emphasis is on elementary microeconomic theory, with some discussion of behavioral economics, macroeconomics, sociology of consumption, and other social science theories relevant to economic behavior. Topics include the rational choice model of economic decision making; information goods versus virtual goods; supply, demand, and market equilibrium; monopoly power; setting prices; and externalities. The book will enable developers and designers to create and maintain successful virtual economies, introduce social scientists and policy makers to the power of virtual economies, and provide a useful guide to economic fundamentals for students in other disciplines.
Local Currency
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Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2024-01-29
Local Currency written by Fouad Sabry and has been published by One Billion Knowledgeable this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-29 with Business & Economics categories.
What is Local Currency A local currency is a type of currency that can be used to make purchases at participating organizations within a specific geographical area. This type of currency is used in economics. The difference between a community currency and a regional currency is that the former may be local, while the latter may be used for transaction within an online community. Regional currencies include a greater geographical area than community currencies do. To stimulate spending inside a local community, particularly with locally owned enterprises, a local currency serves as a complimentary currency to a national currency rather than replacing it. Its primary objective is to encourage spending within the community. It is possible that such currencies are not accepted as legal cash and are not supported by a national government. The worldwide database maintained by the Complementary Currency Resource Center has listings for over 300 complementary currencies, which also includes local currencies. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Local currency Chapter 2: Barter Chapter 3: Currency Chapter 4: Local exchange trading system Chapter 5: Virtual economy Chapter 6: Time-based currency Chapter 7: Complementary currency Chapter 8: Chiemgauer Chapter 9: Private currency Chapter 10: Demurrage (currency) Chapter 11: WIR Bank Chapter 12: Virtual currency Chapter 13: Money Chapter 14: Totnes pound Chapter 15: The Future of Money Chapter 16: Margrit Kennedy Chapter 17: Emissions Reduction Currency System Chapter 18: Fiscal localism Chapter 19: Community Exchange System Chapter 20: Bristol pound Chapter 21: Sarafu-Credit (II) Answering the public top questions about local currency. (III) Real world examples for the usage of local currency in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Local Currency.