-
Archives
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
-
Meta
Category Archives: Virtual Currency
Analysts Pessimistic About Zynga’s Growth Potential Ahead of IPO
Perhaps the most well-known social gaming company is getting ready to launch its initial public offering (IPO) later this week and analysts are already tamping down expectations. Forbes reports that predictions of the Farmville parent company will ”slow to … Continue reading
Posted in Multi-user Online Environments, Virtual Currency, Virtual Items / Virtual Goods
Tagged Castleville, Cityville, Farmville, IPO, Petville, Poker, Zynga
2 Comments
Is your online game gold real?
If you’ve been reading this blog for a while, you know that my law review article about virtual items was published in the William Mitchell Law Review this month. I’m very excited about it, and apparently, I’m not the only … Continue reading
Blizzard Changes Course, Integrates Real Money Trading Into Diablo III
If you’re a hardcore player of World of Warcraft, you know how stringently its parent company, Blizzard, has fought to keep the spectre of real money trading (RMT) from corrupting the game. Gold farming and power leveling were/are scourges of … Continue reading
Feeding Virtual Horses Sparks an IP Battle in Second Life
I’m not sure how I missed this story when it first emerged last winter. A company that designs and sells virtual animals in Second Life is suing a competing animal maker over the IP behind the way the companies make … Continue reading
Posted in Legal Developments, Litigation, Multi-user Online Environments, Virtual Currency, Virtual Items / Virtual Goods, Virtual Stuff..., Virtual Worlds
Tagged Amaretto, Blizzard, CDA § 230, Diablo III, DMCA, economics, Farmville, irreparable harm, Justin Scheck, Ozimals, Second Life, virtual currency, virtual horses, virtual pets, virtual rabbits, virtual worlds, Wall Street Journal, World of Warcraft, Zynga
2 Comments
A Real “Virtual Currency” Emerges: Could BitCoins Threaten “Real” Currencies?
I’ve talked fairly often on this blog about the trade of virtual goods and virtual currencies in virtual worlds such as Second Life or Facebook. While novel, neither of these elements are legally what they claim to be. With respect to virtual … Continue reading
Posted in Multi-user Online Environments, Virtual Currency, Virtual Items / Virtual Goods, Virtual Worlds
Tagged Bitcoin, currency, Dollars, economics, electronic, electronic wallet, Facebook Credits, inflation, IRS bank, legal, legitimate, Lindens, macroeconomics, merchants, mining, money, money laundering, Planet Money, Ponzi scheme, privacy, regulation, revenue, sales tax, secrecy, security, tax, tax evasion, virtual currency, WoW gold
2 Comments
Second Life Class Action Update: Virtual Land Suit Still Awaiting Ruling on Dismissal Motion
Happy New Year everyone! I thought I’d start off 2011 with an update of what’s going on in the virtual land class action case I last told you about in August. For those of you who are just catching up, … Continue reading
Posted in Contracts and Agreements, Litigation, Virtual Currency, Virtual Items / Virtual Goods, Virtual Land, Virtual Stuff..., Virtual Worlds
Tagged Bragg, Bragg v. Linden, case, class action, court, dispute, federal court, Lawsuit, litigation, Pennsylvania, Second Life, virtual land
Leave a comment
Chinese Divorce Court Denies Woman’s Claim to Shared Virtual Assets
The breakup of a marriage can be as traumatic in a virtual world as it can be in the real world. We have already seen how it affects gamers in Korea, where the popular game Maple Story even features in-world … Continue reading
Last Minute Gift Ideas: Facebook Is Now Selling Gift Cards
Just a quick link to share this timely article in case you’re out of ideas for your 8-year-old niece or nephew. You can buy Facebook Credits at your nearest Target store. This story from Variety discusses the new giftcards and … Continue reading
Second Life is Finally Calling Linden$ Tokens
Linden Lab, the creator of Second Life, issued a revision to its Terms of Service agreement earlier this month. The terms span 23 pages in Times New Roman in 11pt font, so if you’re not the sort of person who … Continue reading
