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Old 08-26-08   #1 (permalink)
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Default [money] Virtual Gold-Farming a $500,000 Industry
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Virtual gold-farming has become a $500,000 industry employing over 400,000 workers, according to new research by self confessed gamer Professor Richard Heeks.

The online 'industry' was found to have particularly flourished in developing countries where workers can earn an average £77 ($150) a month. China is known to be a big player in the sector with Heeks’s report suggesting that 80% of the gold-farming work forced are based here.
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Old 08-26-08   #2 (permalink)
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"virtual gold farming"?

Is that like where people dig up gold and stuff on wow or something and then sell it...?
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Old 08-26-08   #3 (permalink)
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$500,000 industry with 400,000 workers... lol
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Old 08-26-08   #4 (permalink)
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Yup, tons of employees farming gold and then these companies sell it for real money.
And yeah ocnjk, they don't pay much to each employee, so the people who run it make a very nice profit
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Old 08-26-08   #5 (permalink)
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Originally Posted by SentryOptic View Post
"virtual gold farming"?

Is that like where people dig up gold and stuff on wow or something and then sell it...?
yes
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Old 08-26-08   #6 (permalink)
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I'm a buyer... lol It's an addictiction and I hope to be on Intervention for it.
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Old 08-26-08   #7 (permalink)
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$500k per year/400k people. A job made for developing countries...
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Old 08-26-08   #8 (permalink)
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Well, let me ask... is 500k a year PROFIT?
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Old 08-26-08   #9 (permalink)
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In fact, gold-farming has become such a highly lucrative business that it has drawn in involvement from criminal gangs. Steven Davis, Chief of game security firm Secure Play, acknowledged that this was now becoming a problem with criminals opening accounts using stolen credit cards, collecting money and never delivering the promised gold or virtual goods in return.
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Old 08-26-08   #10 (permalink)
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Quote:
Originally Posted by ItsBobtista View Post
I'm a buyer... lol It's an addictiction and I hope to be on Intervention for it.
Noob lol
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