How to Price Your Virtual Currency (Dataset Across 57 Social Games, SNS and MMO/Virtual Worlds)
One of the key early decisions to game design or creating a virtual currency platform is designing the price and exchange rate of virtual currency. Unfortunately after it’s been released, it’s also one of the most difficult to change, because the change impacts the userbase and economy of the system as a whole. So if you’re starting out, how do you decide how to price your virtual currency? Three Types of Virtual Currency To answer this question, I started by looking across a broad swath of popular social games, social networks, and some MMOs and virtual worlds. Currency is typically used… Read More »How to Price Your Virtual Currency (Dataset Across 57 Social Games, SNS and MMO/Virtual Worlds)