Gamecraft

The New Gold Rush (Ep. 8)

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Feb 22, 2023
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ANECDOTE

Habitat's Economy Exploited

  • Habitat, a virtual world on Commodore 64, focused on player autonomy and in-game economy.
  • Players exploited bugs, including an arbitrage opportunity, amassing vast wealth quickly.
ANECDOTE

Axie Infinity Hack

  • Axie Infinity, a blockchain-based game, suffered a $620 million hack in 2022.
  • This incident highlighted the security challenges of virtual economies and their real-world impact.
INSIGHT

Core Economic Activities in Games

  • Virtual economies involve economic activities like paying, laboring (grinding), and resource control.
  • Players seek in-game benefits like improved performance, power, and status, blurring the lines between play and work.
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