Virtual finance
From Wikipedia, the free encyclopedia
Virtual finance is a branch of game design theory which is concerned with monetary aspects of virtual worlds, such as massively parallel multi-user games. Like real finance, virtual finance is concerned with issues like inflation, money forgery and convertibility of virtual monies.
A very popular virtual currency is the QQ coin an online play money created by A Chinese Internet company called Tencent Holdings Ltd. to sell such things as virtual flowers for instant-message buddies, cellphone ringtones and magical swords for online games. They are awards for free to top-scoring videogamers. The payment system was made in 2002 to allow its 233 million regular registered users to shop for treats in its virtual world. Virtual currencies are in use in many countries but nowhere have they taken root more deeply than in China.[1] Online currency marketplaces turned the QQ coins back into cash by selling them at a discount that varies based on the laws of supply and demand. The QQ coin retails for one yuan (13 cents) each.
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