The Lucrative Environment of Virtual Business

Playing video games for a living is the fantasy of thousands of gamers across the wold, but in this internet age it is fantasy no longer. Benefiting financially from massively multiplayer online roleplaying games has become a profitable industry that has provided great wealth for individuals from all walks of life. Those competing in the real-money trading industry include dedicated professionals to part-time players, big-city businesses to the bedroom entrepreneur. Employing thousands of workers across Asia is necessary to satisfy the growing demand from Western gamers.
Little press attention is given to this explosive industry and thus investment is often hard to come by for new companies. Regardless of this, RMT remains most active in games such as World of Warcraft, Final Fantasy XI, EverQuest and EVE, to name a few. This can be shown in the World of Warcraft where participants compete through quests, grinding and other in-game tasks in order to acquire piles of the game's currency. Most blow their fortune within the game's stores or marketplace, but many decide to sell their precious Gil for real money - others even dedicate themselves (and others) professionally to this task, all in the search of profit.
The legitimacy of this practice is an ambiguous issue, but it is clear that many gamers and executives alike disapprove. Intellectual property infringement is the most commonly given reason for objection by gaming companies, but there are also accusations of hacking, scamming and phishing within the industry. Some also accuse RMT companies of overloading games with workers, which serves to dilute the population of real gamers and negatively affect the game as a whole. In South Korea, however, this is not seen as an issue and the practice is seized upon by both developer and player alike.
Developers such as Funcom have pushed passed the problems and seen nothing but opportunity for legitimized RMT. The bottom line for many is that there is money to be made, and the industry is continuing to grow. With the introduction of new titles to the genre and increase in gaming population, this industry is certainly one to watch, whether as an investor, opportunist or admiring onlooker.
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