Virtual sales assistance to poorer countries

April 8, 2011 at 7:19 pm Eastern to share this page share this page Email Print
1,231 ShareFacebookTwitter. Virtual sales assistance to poorer countriesFlying mounts and other items, the most expensive in the World of Warcraft and other games on the main story to continue readingRelated reportsGames and raids in the World of WarcraftLush stolen cash card hackersTechnical knowledge: from screen to stageAs many as 10 million Chinese and Vietnamese people in the players to play online games to collect gold and other items sold to the West, the report suggests.
Virtual games for such a global market value of at least 30 billion dollars (1.8 billion pounds), the World Bank study estimates.

About 75% comes from the so-called "McKinnon" who reserve currency, to sell the game later.
To encourage the services of these games can help the development of many poor countries, the report said.
Virtual Farm
 If heaven and the popular online game World of Warcraft around the equipment, equipment, and players together, and their roles. Better equipment, so that people more powerful.
The monsters can be found on the device, and is made from the other players who found or purchased.
More and more reports that the West player of the game time is limited, have to buy games who is paid to operations in Vietnam as cash, equipment and a high level of character and people.
On a class of large-scale online game players mutiplayer quarter of all virtual items for real money to spend, recommendations. Some pay a lot of money, and a player to buy a single account almost 5,700 euros (5,000 pounds).
This led to a large number of enterprises to become the largest part of the supplier, it said, although many efforts to stifle the game studio deal, they believe damage to the game.
The game's largest supplier of eight gold China has about 10 million U.S. dollars (about 6.1 meters), the turnover of each year. There are about 50-60 companies 100 million (£ 600,000) annual income.
Billion dollar business
 Global virtual sales up to the latest figures show that the market value of $ 3,000,000,000 in 2009.
About 30% is the virtual currency trading is a human player "hand," the report said a further 50% from "Robot Farm", which automatically play the game, 20% were stolen from the hacker's account.

 Return more cash from the game sales to producers of cash crops such as coffee than from the supply chain of virtual items were a very mature player, said the report's author, the Lehdonvirta VILI doctors from Gothenburg University and the University of Tokyo, Dr. Mirko Ernkvist.
They gave a 100 dollar game is made for payment through the Paypal payment example. After handling charges, cash will be split between the major retailers ($ 30), small farmers (45 dollars) and individuals ($ 23), who gathered in the gold medal.
Coffee Comparison
 High proportion of funds from these sales, the work done to get there may mean that it can aid in the development of many countries, the countries that report, organized by the World Bank commissioned the development of information and development organizations.
It compared this with the coffee is worth 70 billion U.S. dollars annually, but only in 2009 reached USD 5.5 billion the state farm coffee beans.
"This shows that you can have a virtual economy on the local economy, despite its significant impact on small scale," it said.