Richard Heeks

Report: MMOG "Gold Farming" a $500 Million Industry

Authored by Mark Hefflinger on August 25, 2008 - 11:59am.

London - Some half a million people in developing nations are working at least part time as "gold farmers," spending hours tediously accruing online currency within video games and then selling it to time-strapped players in an estimated $500 million virtual industry, the BBC reported, citing a study by University of Manchester professor Richard Heeks.