Sponsor

Will In-Game Cash Transaction Be the Future?

Date: 10-09-2011 Views:

AWESOME

Responses
Your Reaction?

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

Cash Transaction

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.

Diablo 3 auction house

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.


Bookmark and share to your friends

SHARE

SUBSCRIBE

Player Comments (Totally Comments)

>> Leave a Comment

Submit News & Articles

Write Now
Recommended MMOs - May 2012

Writer Club Staff

  • ExcEsc Newbie Writer
    Articles »

    Exc is a student, blogger, web & graphics designer. A graduate of Bachelor of Science in Information Technology and currently taking up BS in Information System...

  • Dulfy Advanced Columnist
    Articles »

    Dulfy is a gamer chick that enjoys playing healers in MMOs. She enjoys the social interaction and the raiding intensity of MMOs...

  • Mimiron Elite Columnist
    Articles »

    I really like to share my views with the world, thus, passion to Blizzard franchises brought me here...

  • Zevri Elite Columnist
    Articles »

    I’m an avid gamer who does dive back into the real world from time to time. My all time goal is to start my own business, but...

  • Ron Fair Elite Columnist
    Articles »

    Ron Fair is a very passionate writer and scholar whose strong and sometimes unconventional opinions have stirred controversy...

  • Pamela Elite Columnist
    Articles »

    Pamela is an MMO vagabond with experience in a vast array of titles. She focuses on solo and duo content in MMOs with an emphasis on having fun without needing too many other players around...

  • Andaleon Elite Columnist
    Articles »

    Being one helluva multitasker, he's got his day job, managing a website, playing games, and writing for different gaming sites to juggle with everyday.

  • Michael G. Hurston is an avid gamer who works as a web migrationist, dabbles in mobile UI design and is the creative force behind Morbidgames Publishing...

  • Tony Stark Elite Columnist
    Articles »

    Tony Stark is a virtual world surfer, and enjoy this kinda life. He was a columnist...

  • LamestDude Elite Columnist
    Articles »

    LamestDude loves to play MMORPGs. They are indeed one of his passions beside the other one, which is writting...

  • Yuto Ishiara Elite Columnist
    Articles »

    There is nothing better than pursue your dreams, I describe myself has a very...

  • Benjamin Elite Columnist
    Articles »

    He keep an eye of the things going around the communities in the mmo games, and general games, also getting whatever info he can get into his hands, then for some reason, something new pops up out of his head...

  • Michael Fuchs Elite Columnist
    Articles »

    Michael Fuchs has been playing MMOs for over 8 years. He has a strong passion for the competitive side of video games.

  • William Yearous Elite Columnist
    Articles »

    William Yearous is 32 years old and a 6 year veteran of the US navy. He has experienced a lot of the world, and now is a stay at home dad of his 5 year old daughter...

  • Daniel Owens Elite Columnist
    Articles »

    To better my writing skills and establish a presence in the MMO gaming community are the passions that bring me here, I enjoy writing about new and upcoming MMO's...

  • Dominic is currently a student and an active participant in the MMO industry. He has worked for the press and has helped out a few gaming companies ...