PlaySpan raises $16.8 million for gaming virtual goods platform
Virtual goods sales are starting to look better than real world goods sales these days. PlaySpan announced today that it has raised $16.8 million for its virtual goods platform and online payments business for online games.
Karl Mehta, chief executive of the Santa Clara, Calif.-based company… Continue Reading
PlayerAuctions sets up exchange for digital assets in online games
PlayerAuctions, a startup backed by a big Korean company, launched its digital asset exchange for online games today.
The company is tapping into the demand for markets that allow game players to profit from their heavy investment of time into massively multiplayer online games such as… Continue Reading
Live Gamer scores a virtual trading deal with Magma Studios
The way the stock market is going, I wouldn’t be surprised if virtual goods marketplaces will one day be bigger than real-world marketplaces. That’s the bet of companies such as New York-based Live Gamer, which allows players to exchange virtual goods in online worlds for… Continue Reading
Live Gamer lands $24M for virtual good trading
A new portal for trading virtual goods called Live Gamer announced its first funding today, promising to add some structure and protections to online transactions.
As massively multi-player online games (MMORPGS) like World of Warcraft have gained popularity, real-world markets have sprung up for everything from… Continue Reading