Since they determined that in-game assets are real property of the player, basically every MMO is gonna need to change their ToS if they operate in the UK, because all of them that I’ve seen (and I’ve seen a lot) have something in there that “All assets are the property of $gameCompany” to stop these kinds of shenanigans. But if all it takes is being able to tie the game dollar to real dollars in a capacity officially supported by the devs… Yeah that’s gonna be some lawsuits
As it should. If they allow direct conversion, all they’ve done is create a fungible asset, which already comes with a crazy amount of legal implications compared to some random number in a videogame.
They monetized gold by giving it a real world value. If they shut down I imagine this would mean that players need to be compensated for the value of their “gold”.
out of ALL the MMOs CCP (devs of EVE) are the most fucked here.
you have a developer of the game that is based in Iceland with a majority European player base that has an entirely player run economy with ships and mods that are the equivalent of like thousands of dollars. Add to the fact that player heists in the game are fairly regular. You may have never played the game but I can guarantee you that you’ve read an article about some massive in game heist.
If you’re CCP right now and reading about this, you’re concerned.
If the gold has a real world value, would the value essentially drop to zero if WoW was threatening to shut down? Everybody would be trying to sell and nobody would be buying.
Almost certainly. I’d say Project Entropia is also screwed, but that is literally a casino of a game, so as long as there are players, they’ll be making money. Second Life is more worrying, though. Both games let you “cash out” your funny money to real money, but Entropia literally functions as a casino, where SL is more like a full economy
Oh, this is gonna have implications
Since they determined that in-game assets are real property of the player, basically every MMO is gonna need to change their ToS if they operate in the UK, because all of them that I’ve seen (and I’ve seen a lot) have something in there that “All assets are the property of $gameCompany” to stop these kinds of shenanigans. But if all it takes is being able to tie the game dollar to real dollars in a capacity officially supported by the devs… Yeah that’s gonna be some lawsuits
As it should. If they allow direct conversion, all they’ve done is create a fungible asset, which already comes with a crazy amount of legal implications compared to some random number in a videogame.
WoW is screwed if they ever need to shut down.
They monetized gold by giving it a real world value. If they shut down I imagine this would mean that players need to be compensated for the value of their “gold”.
WoW? try EVE Online.
out of ALL the MMOs CCP (devs of EVE) are the most fucked here.
you have a developer of the game that is based in Iceland with a majority European player base that has an entirely player run economy with ships and mods that are the equivalent of like thousands of dollars. Add to the fact that player heists in the game are fairly regular. You may have never played the game but I can guarantee you that you’ve read an article about some massive in game heist.
If you’re CCP right now and reading about this, you’re concerned.
If the gold has a real world value, would the value essentially drop to zero if WoW was threatening to shut down? Everybody would be trying to sell and nobody would be buying.
Ah, the power of speculative currency
Yeah I would think so, it only has value based on what you can trade it for.
Almost certainly. I’d say Project Entropia is also screwed, but that is literally a casino of a game, so as long as there are players, they’ll be making money. Second Life is more worrying, though. Both games let you “cash out” your funny money to real money, but Entropia literally functions as a casino, where SL is more like a full economy