Reminder: Gold Farmers Are People, Too

The vast majority of people playing a big-deal MMO probably view it as an escape, something to do when not clocking in on the chores of daily life. Yeah, folks make friends and fall in love dressed in avatar skin but most players don't need it to survive. Some of them, however, do need to play a game to make rent or… » 1/23/14 3:00pm 1/23/14 3:00pm

North Korean Gold-Farming Allegations Officially Denied by Official…

North Korea has officially responded to allegations it supported a hacking network that allowed it to gold-farm some $7 million out of South Korea-based MMOs. North Korea's (adjusts glasses, clears throat) "Committee for Peaceful Unification of the Fatherland" on Sunday released a statement saying, in effect, "no u." » 8/14/11 3:00pm 8/14/11 3:00pm

The World Bank Proposes Fair Trade Gold Farming

An analysis by a World Bank initiative recommends that gold farming - you read that right - is a substantial growth opportunity for developing nations' economies, and that NGOs - bureaucrat speak for do-gooder agencies - begin connecting the rural poor in these nations to gold farming enterprises under a fair-trade… » 4/07/11 10:30pm 4/07/11 10:30pm

Launder That Money: RMTs in Asian MMOs

A gold farming/money laundering ring in South Korea has been accused of moving somewhere in the neighborhood of $38 million USD from Korea to China (with the help of real money transactions). According to PlayNoEvil, they made false purchases to a Hong Kong paper company to move the money, which is what eventually led… » 10/25/08 2:30pm 10/25/08 2:30pm

Warhammer Online Goes Gold, Gold Seller Gives Out Beta Keys

It's a press release twofer! Mythic Entertainment has announced that Warhammer Online: Age of Reckoning has gone gold, with the game shipping to stores in time for servers to go live on September 18th, and the gold farmers are ready for it! "Internet gaming service" SwagVault has announced that they'll be giving away… » 8/26/08 10:40am 8/26/08 10:40am

Everything You Ever Wanted to Know About RMT, and Then Some

Via Terra Nova comes a fascinating paper by Richard Heeks that covers the historical, social, and economic aspects playing into real money transactions. I've just had time to take a quick gander at the paper, but unlike a lot of information out there, this appears quite comprehensive and with a more unbiased position… » 8/09/08 1:30pm 8/09/08 1:30pm