Digital Divide

Is This the Start of a Whole New Economy

by Geof Lambert for Digarians
Monday, August 25, 2008. 08:09PM
324 Views 0 Comments

Report: MMOG "Gold Farming" a $500 Million Industry Authored by Mark Hefflinger on August 25, 2008 - 11:59am.

London - Some half a million people in developing nations are working at least part time as "gold farmers," spending hours tediously accruing online currency within video games and then selling it to time-strapped players in an estimated $500 million virtual industry, the BBC reported, citing a study by University of Manchester professor Richard Heeks.

"I initially became aware of gold farming through my own games-playing but assumed it was just a cottage industry," Heeks told the BBC.

"In a way that is still true. It's just that instead of a few dozen cottages, there turn out to be tens of thousands."

The rest of the story is here Click to Open Web Page

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