A story of new blooming virtual currency market
This will be a never ending story I am afraid, before I entered this field this information never impressed me or I didn’t notice what I would experience on the ‘ground’–a ground made by virtual numbers 1 and 0, but enormously flow into cash flood from one country to the other side of the earth.
But it still flows silently, no goverments realize its value. No tax, no trade policy, no one talk loudly. And also, on one can conclude it with proper understanding.
Yes, this is a new blooming field, with globe trading flourished situation, on-line game virtual currency trading, or be said, ‘RMT’, ‘Real Money Trading’ in on-line game.
Entertainment, more and more people now enjoy vedio game at home, also they can play with friends on-line. So on-line game grows rapidly in recent years because of internet’s maturity. The hottest on-line game, ‘World of Warcraft’ as an example , it owns a huge number of members up to 9 millions. 9 millions players at least spent 20 EURO per account, then they may spend more money on game card, about 10 EURO per month. as the least time spend on this game-3 month. They can earn 50 EURO per player.
So , let’s multiply, 9 millions * 50 EURO=450 millions EURO at least, no including expansion fee and accesorial value-add products.
But this is only the corner of ice. A addicted player ( or called core player) will not spent only such little cash on it. If you want to be more powerful or to conquer the barrier new to all players, you got to pay more. More time, more concentration. No time for you? But you still want to finish that impossible mission? Ok you can pay.
There are special workers producing in-game currency at some cheap labour district, only if you pay some real money to them ( for currency in game), you can get power fast enough to conquer end game that too hard to finish.
So, this is where the RMT come from. And how virtual money come to real money.
But, to narrate the process is easy, if you are one of the crowds in gold rush, you will feel totally different, even breathless.
(to be continued…)