Archive for 'Virtual Business, Finance and Economics'
30 Million down the toilet
Forbes.com has a very interesting article on the success of City of Heros, but along the way it drops this little nugget: “Cryptic thereby defies a troubling trend: Internet games, first ballyhooed as the next big thing, have struggled. Electronic Arts dropped perhaps $30 million (EA won’t confirm it) building, marketing and supporting Sims Online, [...]
Full StoryThe Other Way to Run a Forum
Thanks to Toy for passing along this tidbit. While the Stratics Mods are busy falling overthemselves threatening to ban people that provide links to sites that link to sites that link to sites that sell game currency, Robin Linden (an EA escapee, btw) offers the following breathtakingly simple and sane policy for the SL Forums: [...]
Full StorySOE vs Big Mick
Mick Lite and his OnlineGameBucks site just can’t stay out of the news lately. No sooner does he reward his 10,000th customer with 500K extra free simoleans in the hardcore city of Dragon’s Cove, than Sony Online Entertainment tries to bust a cap in his ass over his sale of time cards and CD Keys [...]
Full StorySecond LIFE Magazine tops 1K in-world circulation
In an important event for in-MMORPG publishers, the second issue of the free monthly publication, Second LIFE Magazine, topped a circulation of 1000 (figures based on copies taken from distribution stands throughout Second Life). With over 65 auto-updating distribution stands throughout the game, Editor Lorelei Patel believes that circulation could top 2000 for issue 3. [...]
Full StoryGavel Falls on Jessie Land Auctions: Land goes for gazzilions!
The auctioning of land confiscated from the permanently banned WWIIOLFalconBK Hanks is complete, and pretty clearly Falcon lost some serious assets. The plots sold in US dollars went for a total of $324 US. The plots sold in Lindens went for a total of L 27,149 ? equivalent to $152 US at current GOM strike [...]
Full StoryJeff Brown Spouts off again! You gamers are wasting your time.
EA’s Vice President for Corporate Communications, addressing the Edinburgh International Games Festival Well, Mr. Uber-foot-in-mouth has outdone himself. This time, EA’s Vice President for Corporate Communications Jeff Brown popped off at a gamers conference in Scottland, saying that gamers would be better off going out and mowing the lawn than … did he say play [...]
Full StoryCoolness: GOM’s virtual ATM machines in SL
So there I was in Club Elite, rapping with one of those fine Club Elite Escorts about her services. I was just thinking, you know, maybe we could play a nice game of Spades or rap about theology in the Club Elite VIP rooms like the escorts do in There ::cough cough::. But I was [...]
Full StoryJaqueline Richelieu plans investment bank/stock exchange in SL
In this very important interview with Ren Reynolds on Terra Nova, Second Lifer Jacqueline Richelieu discusses her plans for an in world investment bank, with an eye to taking public some of SL’s more successful businesses, and also a stock exchange for trading shares of the firms once public. Mechanics of the enforcement mechanisms are [...]
Full StoryInterview with virtual erotica publisher, Marilyn Murphy
Marilyn Murphy is the publisher and force of nature behind Players Magazine in Second Life. After I contacted her about the possibility of an interview she summoned me to her mansion where I was greeted by a scripted message bot called ?son of man.? I found Ms. Murphy holding court, with two lovely and intelligent [...]
Full StoryGaming Open Market dumps PayPal for YowCow
As reported earlier, GOM has ceased transactions in all markets except Second Life. As of July 9, they are also dumping PayPal for the payment service YowCow. Apparently YowCow is being more helpful about payments for virtual goods.Meanwhile, this issue has generated a lot of heat on Terra Nova. Jamie Hale’s latest press release follows.
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