Tobold's Blog
Saturday, August 02, 2008
 
The numbers behind gold farming

So how much money are these gold farming companies making? Good data are hard to come by, but PJ from MMOBux did some estimates based on PayPal data. According to those data the top company earned nearly 50 million dollar in 2007 via several websites, with the second one coming in at 20 million. Lots of money, but nothing compared to the 1 billion dollars that Blizzard made.
Comments:
Maybe I should be hitting them up to fund an MMO...

I actually am pretty surprised by these numbers. I knew it was lucrative, but I had no idea it was that lucrative.

I guess a lot of people feel the need to buy gold.
 
Have you wondered where is this money going to? Good things cant be.
 
Anything can be lucretive if there is a demand for it.

Ironically, why is there a demand for it? obviously the games arent fully accomidating to its own playerbase so much that services such as gold farming earn money in great stryde.

What i wonder is for every dollar spent towrds enriching your game experience thru one of these sites, is that a doller that isnt spent in the owners own economic region? Are gold farmers a mild reason for the deflating american dollar QQ?

~ten
 
Sorry Tobold. I have to correct you on your grammar.

It's pronounced:

"Fiddy milliowon dowa in two-thowswen-sefwen."

Tank you wery much.

Jason (resident drunken idiot of Channel Massive)
 
All this says me is that some MMOs must be so boring that alot of people are prepared to pay money for someone else to play it for them. Headsup game companies, make the games more fun and less grind!

Personnally, I just move onto a new game if it's not worth playing. Sad really that people feel the need to continue playing a game that's obviously not enjoyable.
 
I'm not surprised to see the gold farming industry in healthy state.

The problem is that the companies are happy to ban gold farmers but don't punish their customers.

If and when the companies that provide these gaming services decide to punish the buyers of gold then the market will slump.

Until then any action the company takes against the farmers is simply an operating expense.
 
Can't wait to see the 2008 numbers, which I'm sure will be much much lower. Since the 2.4 dailies, I'm sure people who would have otherwise turned to one of these services to purchase gold simply earned their WoW gold the "daily" way.
 
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