Posts Tagged ‘virtual currency’

 

Virtual Currency Deluge – 1. June, 2009

Virtual Currency Programs

The recent explosive growth in P2P games and services within the Facebook (FB) ecosystem has spurred FB to launch its own virtual currency program (VCP). FB is hoping that their VCP will help them access the growing hundred million Dollar virtual micropayment market within their very own ecosystem. This opportunity is met by a huge demand from developers and companies who are looking for new means to monetize their virtual goods and services. Given its need, the obvious question is whether or not such a virtual currency will gain mass user adoption and become successful.
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How To Pick The Right Virtual Gift? – 28. May, 2009

cakebmp

The first time I received a digital cupcake on my birthday, I was somewhat perplexed. Thanks..but what’s the point, I  thought.  A year later, it’s now a $35m industry on Facebook, and I still don’t have my head wrapped around virtual gifts. Back in Feb, the WSJ ran an interesting article titled Why do People Buy Virtual Goods? Apparently, the reasons behind digital gift-giving are much the same (and as abstract, if I may add) as with real goods.

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