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Gold farmers form trade association

January 22nd, 2007

This is embarrassing — the gold farmer and RMT companies in Korea, such as ItemBay and Item PlayForum, have formed an industry association in order to have more leverage with the Korean government, given its recent moves towards regulating digital asset trading. This means, I think, that they beat the actual game companies to it. It’s called the “Digital Asset Distribution Promotion Association,” and the CEO of ItemBay will be its first head.

Of course, it’s not hard to see why they might need this sort of legitimacy, when articles are coming out with titles like “Online Gamers Turn Tricks for Cash: The profitable world of Korean gold farming.” Never mind that the guy in the article who actually turned tricks for cash was based in Philadelphia…

Perhaps the most unique use of a “female character” was by Rob Conzelman of Philadelphia who wrote of his own experiences as a “cyber whore” for Dragonfire magazine. He explained that he tried his hand at “gold farming” but was frustrated by the amount of game time needed to acquire even a small amount of game cash. Plundering and pillaging dungeons and cities was not enough to get him the money he needed so instead he resorted to the world’s oldest profession — prostitution. He went to the largest cities in the World of Warcraft where he stripped off all of his female character’s clothing and positioned her in front of the cities’ inns and propositioned players to have a good time upstairs. It is surprising how many players actually took him, excuse me, her, up on her proposition, and she soon made much more money than she could have done tramping through dungeons.

Conzelman summed up his experience as: “I was earning zilch when I played legitimately, but cyber-whoring paid off in virtual dividends. Instantly I earned the equivalent of 80 cents and boosted my wage to a near real-life $4 an hour wage. That’s way better than those Chinese gold farmers, assuming I could maintain a rate of 12 clients an hour.”

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