To those who are not very familiar, if at all, with massively multiplayer online role playing games, then the term virtual currency will mean absolutely nothing to you. A strange concept but certainly not a particularly new one, a Virtual Currency is exactly what it sounds like.
Virtual currency is often have exchange rates with the real world currencies, especially the United States dollar. One of the most popular examples is about have a highly popular virtual world online, known as Second Life.
For example, in the popular MMORPG, a World of Warcraft, the currency is simply called gold. This gold is gathered in the game through numerous methods. Examples include doing daily quests, killing monsters in the game that drop gold and many other things.
In this game, as in any other of its type, the gold is then used to buy important items that you need to improve your character within the game itself. This gold is an essential part of the game as is the economy which is actually surprisingly advance.
This gold is then used to improve your in game character with better equipment and other things. Because of its inherent value, it is always going to have a vague exchange rate with the real world currencies. This is because some people always want to buy the gold, even if it is against the terms of service.
World of Warcraft is just one of many, but it also happens to be one of the most popular examples and with twelve million players, and steadily rising still, there are many people earning gold in the economy and selling it for real world money. Many other games of this sort operate in very similar manners.
Virtual currency is often have exchange rates with the real world currencies, especially the United States dollar. One of the most popular examples is about have a highly popular virtual world online, known as Second Life.
For example, in the popular MMORPG, a World of Warcraft, the currency is simply called gold. This gold is gathered in the game through numerous methods. Examples include doing daily quests, killing monsters in the game that drop gold and many other things.
In this game, as in any other of its type, the gold is then used to buy important items that you need to improve your character within the game itself. This gold is an essential part of the game as is the economy which is actually surprisingly advance.
This gold is then used to improve your in game character with better equipment and other things. Because of its inherent value, it is always going to have a vague exchange rate with the real world currencies. This is because some people always want to buy the gold, even if it is against the terms of service.
World of Warcraft is just one of many, but it also happens to be one of the most popular examples and with twelve million players, and steadily rising still, there are many people earning gold in the economy and selling it for real world money. Many other games of this sort operate in very similar manners.
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