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Forums - Gaming - Gold farming worth $500m - report

 

"Gold arming could be worth as much as USD 500 million, according to research carried out by the University of Manchester.

 

The report, written Professor Richard Heeks, head of the development informatics group, suggested that gold farming employs 400,000 people who earn an average of USD 145 (GBP 77) per month, worth about USD 500 million.

"I initially became aware of gold farming through my own games playing but assumed it was just a cottage industry," Heeks told the BBC. "In a way that is still true. It's just that instead of a few dozen cottages, there turn out to be tens of thousands."

Gold farming is where MMO players generate in-game currencies which they sell for real currency, often going against developers' and publishers' terms of service."

 

All of us who play MMROGP's should be familiar with this.

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Wow... thats just a huge amount :o



Vote the Mayor for Mayor!

I thought it might be more than that to be honest. I am fairly sure people essentially run gold farming sweatshops in SE Asia where they hire people on very low wages to gold farm.