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    Will In-Game Cash Transaction Be the Future?

    Shu
    Shu
    Celestial Council
    Celestial Council


    Male
    Number of posts : 10794
    Location : Singapore
    IGN[Game NickName] : Ashura/Iori Yagami
    Current Status : Busy at Work
    Registration date : 2008-03-31

    Will In-Game Cash Transaction Be the Future? Empty Will In-Game Cash Transaction Be the Future?

    Post by Shu Sun Oct 09, 2011 9:02 pm

    What is waiting for gamers in 2012? No one knows for
    sure. But what we indeed observe is the transfer of the ownership and
    use right of in-game items. It proceeds gradually but may cause huge
    waves next year.

    In the past, it was typical for MMO developers to grant
    players the use right of in-game items but hold the ownership in their
    own hands. However, they seem to loosen their fingers now. First in-game
    auction house, then cash transactions via third party is tacitly
    accepted. The ownership of virtual items is gradually transferred to the
    players.

    A Brief Analysis of the Present and Future of RMT in Online Games

    Will In-Game Cash Transaction Be the Future? Cashshop1

    Although micro-transaction has become a major mode in
    MMO, cash transaction of virtual items is still illegal in many
    countries. According to the law, game companies should not take part in
    such deal, but also should adopt measures to stop players trading
    in-game items via third party. Such rule and regulation may change too
    in the future as the MMO industry has changed a lot since last
    generation.

    Diablo 3 may become the propellant. Its developer Blizzard has announced recently that the auction house in Diablo 3
    will support real cash transactions, which means players will be able
    to trade their in-game items with others for real money directly in
    Diablo 3. This news attracted tones of attention and disputes
    immediately after it was released. The fact that Blizzard will require a
    handling charge for these cash transactions also becomes the spotlight
    because Blizzard has built a base of 12 million subscribers by WoW.

    Will In-Game Cash Transaction Be the Future? Cashshop2

    Blizzard explained that they brought in such system for
    the safety of players' property. In their opinion, item transaction is
    evitable, so the best way to protect players from suffering property
    loss which happens a lot during transactions via third party, is to
    manage these deals by the company directly.



    In Korea, similar trend
    seems to come up to the surface. Publisher IMI, also Korea's biggest
    trading platform for virtual items, has confirmed that in their upcoming
    MMO Myengpum Online (translated), in-game items can be valued through a
    specific evaluation system, and players will be able to buy or sell
    them directly in the game with real money.

    Will In-Game Cash Transaction Be the Future? Cashshop4

    IMI also made an explanation. One of its officials said
    "This system guarantees in-game items have a fair value. And by this
    way, the time and effort spent by gamers will be recognized. MMO is not
    just about fun. It should be related to value and investment too."

    Will In-Game Cash Transaction Be the Future? Cashshop3

    Although in-game cash transaction is a hot subject in
    MMO industry now, it is still too early to estimate whether such mode
    would succeed or not. Like some insider said, "If the publishers are
    going to conduct cash transactions themselves, it will definitely cause
    huge shocks in the market since these cash transactions are mostly done
    via third party at present. But if the market is not ready to accept
    this brand new mode, it would go to the opposite direction and those
    third-party trading platforms would get their feet stronger."

    Will In-Game Cash Transaction Be the Future? Cashshop5
    Shu
    Shu
    Celestial Council
    Celestial Council


    Male
    Number of posts : 10794
    Location : Singapore
    IGN[Game NickName] : Ashura/Iori Yagami
    Current Status : Busy at Work
    Registration date : 2008-03-31

    Will In-Game Cash Transaction Be the Future? Empty Re: Will In-Game Cash Transaction Be the Future?

    Post by Shu Sun Oct 09, 2011 9:08 pm

    personally i think it will be the future trend for mmo companies

    jobs like pro gamers will not be impossible any longer.

    in novels they even have guilds inside huge mmo sponsor by big conglomerate with shops inside the game selling merchandise/lands/estates that can be bought and sold for rl cash.

    in theory when a mmo grows to be huge in size with the capabilities to house millions of players in a virtual environment then a real economy can be formed.essential a new world for humans to interact and socialize ^^
    Facade
    Facade
    Advisory Board
    Advisory Board


    Male
    Number of posts : 1036
    Location : New Zealand
    IGN[Game NickName] : Facade, Tsunami, Tsunade
    Current Status : Normal
    Registration date : 2010-02-01

    Will In-Game Cash Transaction Be the Future? Empty Re: Will In-Game Cash Transaction Be the Future?

    Post by Facade Mon Oct 10, 2011 2:07 am

    if gaming gets to that extreme I dont think i would ever play again.

    RL cash needs to be kept separate from gaming, that is exactly what ruins gaming. The game becomes who has the most cash to spend rather than who wants to actually play.
    Shu
    Shu
    Celestial Council
    Celestial Council


    Male
    Number of posts : 10794
    Location : Singapore
    IGN[Game NickName] : Ashura/Iori Yagami
    Current Status : Busy at Work
    Registration date : 2008-03-31

    Will In-Game Cash Transaction Be the Future? Empty Re: Will In-Game Cash Transaction Be the Future?

    Post by Shu Mon Oct 10, 2011 2:42 am

    in a way this reflect the real world i guess

    real life have no such thing as fairness

    who is to say there is fairness in mmo ...

    in a way the gaming company just wish to earn the money for middleman fee instead of the players going to buy third party gold.

    anyway facade.in those novels the reason why ppl will enter the game in huge numbers is due to time ratio and deep sleep time related to virtual reality.one can fall into a deep sleep state while playing and the time in the game is actually much longer compare to real time due to the way the device connect to your inner mind.in essence extending one lifespan heh

    its just a theory anyway. ^^
    Snow
    Snow
    The Almighty Banana
    The Almighty Banana


    Male
    Number of posts : 6807
    Location : Netherlands
    IGN[Game NickName] : Snow, Nuts, Nut, Snowball, Splash, Snowy
    Current Status : Busy at School
    Registration date : 2008-06-02

    Will In-Game Cash Transaction Be the Future? Empty Re: Will In-Game Cash Transaction Be the Future?

    Post by Snow Mon Oct 10, 2011 6:24 am

    We are all inside a game being played like that
    And now we ll create a game inside a game that will allow us to play games in sleep
    And then the ones we play inside that game will create a game inside that game that will allow them the same

    It's a never-ending circle XD (power-outage anyone?)

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