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11 in-game currencies you need to know about
For the foreseeable future, the most successful community currencies will come from games. What makes a virtual currency sustainable? The willingness of payers to convert and retain. Who has figured this out better than anyone? The free-to-play gaming industry, with annual microtransaction revenue of nearly $100b. What drives the willingness of gam... See more
Richard Kim • Warm Crypto
We can understand money's hardness through understanding two distinct quantities related to the supply of a good: (1) the stock, which is its existing supply, consisting of everything that has been produced in the past, minus everything that has been consumed or destroyed; and (2) the flow, which is the extra production that will be made in the nex
... See moreSaifedean Ammous • The Bitcoin Standard: The Decentralized Alternative to Central Banking
Money is not coins and banknotes. Money is anything that people are willing to use in order to represent systematically the value of other things for the purpose of exchanging goods and services. Money enables people to compare quickly and easily the value of different commodities (such as apples, shoes and divorces), to easily exchange one thing f
... See moreYuval Noah Harari • Sapiens
The vast majority of your users will be free. You can kinda monetize them with ads, but you are really only going to see a buck or two of revenue per month per user. The real money is found in the in-game digital purchases. These are the skins on Fortnite characters, an extra life in Candy crush, etc.
Evan Armstrong • How Free to Play Video Games are Forced to Make Addicts
Battle passes are everywhere – but few of them are good | Opinion
gamesindustry.biz
After reading about the broader economic view of currency as not just money but also time, skills, and effort, he decided to start VEN, the first global peer-to-peer social currency to move from an online network into the real world.