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LiveGamer - Startup creates market for trade of virtual goods
Live Gamer is working with Sony Corp.'s Sony Online Entertainment division, Funcom GmbH, Ping0 Interactive Ltd. and other online-game operators to create an online trading place for virtual goods - an area that is tainted by fraud and is tough to enforce. (read full story at: online.wsj.com)
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Comments
LiveGamer, I think, got a great niche. Gamers want to trade virtual goods, but virtual goods trading arena is filled with fraud. If they manage to get the blessing of game manufacturers, as the article suggests, they have a very good chance of hitting a home run.
Comemnt from John george -> I have input I want to say about the Livegamer blurb... My comment.. As a buyer of game currency I see no use in this service. I both buy and sell my currency to a very trusted company ( http://www.mogs.com ) I do not have to wait for someone to bid or use a buy now feature and on top of that I do not have to pay any fees to a company. I get paid immediatly after I sell or on the flip side I receive what I paid for when I buy. These companies are releasing these platforms, yet why would a customer such as myself that has been using a trusted company switch to something not as user friendly??