Well, say he put in $10k of his own cash, made an insane character [I have no idea how much it takes to make a good char in this game] Would it be entirely possible for him to make that kind of $$ in game? Or is the majority of this coming from his pocket?
the highest RL sale of virtual goods I know of was a from a friend who plays UO. Sale price was around $12.5k USD
I can see the cover of the Wall Street Journal in 5 years...."Virtual Real Estate Investing...Is It For You???"
If the game is free, how do they make any money? Perhaps off the interest of the money people invest into PEDs? It can't be that much.
haha, that would be awesome.
Maybe he'll have to "hire" players with real money, to guard his char...and if they turn on him...well...that would be pretty funny as well.
I've never even heard of that game...
Hmm... at first I thought, what a genius idea this company came up with -- with the way people get addicted to MMORPGs, they will easily become trillionaires by selling virtual money they can just create.
But then, I realized that actually they are going to go into severe debt. EVERY MMORPG I have seen suffers from severe hyperinflation. As a character levels up, they become more powerful exponentially. Drops from low level critters can't possibly be valuable to high level characters because they can rip through tons of them like nothing. So the value of the stuff you get hunting/mining/whatever obtainable with more powerful characters must be proportionally higher. Also, new content added to the game invariably yields more powerful items than the old content, as an incentive for people to go explore it.
During the first week of Dark Age of Camelot, for example, while everyone's character was still low level, money was selling on E-bay at the rate of 1 gold piece = $2. Now it's roughly $2 per platinum piece (1 platinum = 1000 gold).
This new game will likely have similar hyperinflation, which means that characters will soon have millions of Project Enthropia dollars, which will present a big problem when they try to sell them back to the company.
But then, I realized that actually they are going to go into severe debt. EVERY MMORPG I have seen suffers from severe hyperinflation. As a character levels up, they become more powerful exponentially. Drops from low level critters can't possibly be valuable to high level characters because they can rip through tons of them like nothing. So the value of the stuff you get hunting/mining/whatever obtainable with more powerful characters must be proportionally higher. Also, new content added to the game invariably yields more powerful items than the old content, as an incentive for people to go explore it.
During the first week of Dark Age of Camelot, for example, while everyone's character was still low level, money was selling on E-bay at the rate of 1 gold piece = $2. Now it's roughly $2 per platinum piece (1 platinum = 1000 gold).
This new game will likely have similar hyperinflation, which means that characters will soon have millions of Project Enthropia dollars, which will present a big problem when they try to sell them back to the company.
HomeBrewerDude
Lifer
- Jan 18, 2001
- 14,465
- 1
- 0
I read some research a while back done that argued that the Everquest economy is one of the largest in the world. this was based on the fact that people sell items and leveling for US dollars. it was actually a really nice peice of work....I might be able to find a PDF if anyone is interested.
It's a money-consuming hobby.
The best items/weapons can cost hundreds of real dollars (sometimes more), there are some successful players, but getting to the level where you can seriously profit from the game takes a lot of time. One would have to be very lucky or have good connections to earn that kind of money.
BeauJangles
Lifer
- Aug 26, 2001
- 13,941
- 1
- 0
They make it nearly impossible to get have a good character without investing SOME money into the game. You can earn PED without spending your own money, ie this guy might not actually have spent 26k USD for the island, but certainly some of it was real money.
Economics undergrad and MMOPRGer here. One of the reasons I was attracted to the game was to see if "real life" economic theories would still apply in the virtual world, and if so, if that could be used to perform lab experiments on the subjects. It would be kinda like using rats to examine medical theories, not 100% reliable, but might be good enough to help support or refute any given theory.
It could be that all these free MMORPGs are really funded by economics reseach grants by some one with my idea, but with greater resources.
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