
Josh Williams on Online Gaming, Blockchain, and Forte
EconTalk
00:00
Virtual Economies Unveiled
This chapter examines the intersection of online gaming and virtual goods, focusing on how players interact in digital environments through recognizable avatars. It discusses the monetization of gaming, ownership rights of virtual assets, and the complexities of trading in-game items, including the risks associated with gray markets. By illustrating real-life commerce within gaming contexts, the chapter highlights the evolving landscape of virtual economies and the challenges players face in acquiring valuable digital goods.
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