Virtual Worlds and Virtual Economies

In theory, the virtual world should have “better” payment rails than the “real world.” After all, its economy primarily involves goods that only exist virtually, which are bought via purely digital (and thus low marginal cost) transactions, and are, for the most part, $5–100 each. This economy is also large. Roughly $54B was spent on virtual goods,... See more

Now, what happens when you give millions of passionate gamers like this an opportunity to become actual digital homesteaders in a gaming world? A world where they can not only own scarce assets like virtual real estate, tradeable in-game loot, etc… but they’re also shareholders and beneficiaries in the success of the entire digital world itself?