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Microsoft Points, introduced in November 2005 as Xbox Live Points, [1] were a digital currency issued by Microsoft for use on its Xbox and Zune product lines. Points could be used to purchase video games and downloadable content from Xbox Live Marketplace, digital content such as music and videos on Zune Marketplace, along with content from Windows Live Gallery.
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In October 2011, users of Xbox Live reported having unauthorized access to their Xbox Live accounts, with Microsoft points subsequently being used and/or bought to purchase various in-game items for FIFA 12. Microsoft responded to such incidents by restricting access to the account for 25 days while the fraud team investigated.
The Microsoft Points system previously required to purchase content was criticized for being deceptive in terms of actual real-world cost, as well as for users often having to purchase more points at once than are immediately needed (in North America, users could only purchase points in increments of 400, costing around $5).
This symbol actually represents the Microsoft Point symbol when viewing a message on live.xbox.com or through the Friendz application for Mac. When ¤ is copied and pasted into a message through Friendz or live.xbox.com and sent to an Xbox Live Friend, it will show up as the Microsoft Point icon when viewed on an Xbox 360.
Single identity across all platforms (tied to a Microsoft Account) Cross-platform chat, with text, voice, and video; Unified friends list and message system; Single, worldwide currency for purchasing virtual games, music, videos and content (Microsoft Points) Cross-platform multiplayer online gaming, including game invites
Here virtual or game currency can be bought, but not exchanged back into real money. The virtual currency is akin to a coupon. Examples are frequent flyer programs by various airlines, Microsoft Points, Nintendo Points, Facebook Credits and Amazon Coin.
The game came in two variations: 1 vs. 100 Live and 1 vs. 100 Extended Play. [1] The Live version was hosted by Chris Cashman in North America [2] and James McCourt in the UK and Ireland, [3] and places a single contestant as "The One" against a group of 100 that make up "The Mob", with the rest of the players making up "The Crowd".