The Economy

By Deane Barker on August 8, 2003

Wired News: Commerce Drives Virtual World: We’ve talked about There before, but Wired has an interesting article this morning that ties in with the piece yesterday about virtual economies.

“When they join, members get a modest 10,000 Therebucks to spend. But many items fetch four figures, so the bankroll can evaporate quickly. When members want more, as they invariably do, they can earn it by, for instance, developing an apparel business, hosting events or working as in-world tour guides. Alternatively, they can purchase more Therebucks using U.S. dollars.”