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Gold farming is the practice of playing a massively multiplayer online game (MMO) to acquire in-game currency, later selling it for real-world money. [1] [2] [3]Gold farming is distinct from other practices in online multiplayer games, such as power leveling, as gold farming refers specifically to harvesting in-game currency, not rank or experience points.
In 2011, it was estimated that up to 100,000 people in China and Vietnam are playing online games to gather gold and other items for sale to Western players. [6] While this 'gold farming' is considered to ruin the game for actual players, many rely on 'gold farming' as their main source of income. [citation needed]
Gold farmers are folks who make money off of gathering gold in games like World of. In fact, a report (PDF link) by the Word Bank's infoDev finance program suggests that 75 percent of all virtual ...
Gold farming creates resources within the game more rapidly than usual, exacerbating inflation. In extreme cases, a cracker may be able to exploit the system and create a large amount of money. This could result in hyperinflation.
Mostly massively multiplayer online games in practice. Criteria: The focus of the page need not be economic. The system is a persistent world. The trade of virtual goods may be by the means of a virtual currency or without it. It may be unauthorised or illegal as long the practice is notable. The system allows human participation.
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