Uh-oh! Another big bank is the subject of a depositor run amid charges its chairman has run off with customers' money. Thankfully, this scandal is only taking place in Eve Online, a space-age virtual reality created by CCP, a games developer and Iceland's coolest company. But Ebank's troubles in the ether may offer some valuable lessons for earthly banking and regulation. Eve … [Read more...] about EVE Online offers lessons for the financial crisis
From the metaverse community
Ultima Returns as Browser-Based F2P MMO Strategy Game
Electronic Arts and Aeria Games have jointly announced the launch of Lord of Ultima, a new addition to the Ultima franchise that can be played within a browser.Following the successful launch of Battlefield Heroes and Need for Speed World, Lord of Ultima is the latest, and third, title Aeria Games has released from its multi-game deal for EA’s portfolio of Play4Free games."Set … [Read more...] about Ultima Returns as Browser-Based F2P MMO Strategy Game
Aussie R18+ legislation aiming for Jan. 2013 introduction
Australian gamers can expect to have an R18+ classification for games by January 1, 2013, according to the federal government.Federal Minister for Home Affairs Jason Clare today introduced the R18+ bill in parliament and announced the federal government expects the R18+ for games legislation to officially come into effect next year.Last month, Clare announced his intention to … [Read more...] about Aussie R18+ legislation aiming for Jan. 2013 introduction
Credit card thieves target OpenSim grids
Credit card thieves have figured out a way to steal money from OpenSim grid owners. They take the credit cards, and use them to purchase virtual currency from the grids. Then they turn around and redeem the currency for cash before the card holder notices the theft and complains. The credit card company reverses the transaction and now the grid is out the full amount — plus … [Read more...] about Credit card thieves target OpenSim grids
Academic Research Paper on OpenSim Community
While the nature of the firm has long been established as the dominant form of organizing for value creation, emergent forms of organizing such as the private-collective community model have recently gained attention from researchers and practitioners. Little is known about how such communities, where private goods from stakeholders are shared and freely distributed among a … [Read more...] about Academic Research Paper on OpenSim Community