The Dark Side of MMO Economies

In this video, we explore the fascinating world of game economies and the ways in which they intersect with real-world finances. From the early days of Ultima Online to the blockchain-based MMOs of today, we'll look at how players and developers alike have grappled with the challenges and opportunities presented by virtual currencies and items. Along the way, we'll meet notable figures like the MMO hacker 'Manfred' and Tim Cotten, the Ultima Online developer who burned down players' houses in an effort to combat item duplication. Join us on a journey into a bold new virtual frontier, where the rules of economics and the nature of ownership are constantly being reinvented.

Tim's Article: https://blog.cotten.io/that-time-we-b...

Chapters:
0:00 - The Unbelievable Value of Digital Goods
6:35 - When Things Go Wrong
10:32 - A Visionary Solution
14:19 - The Future of Blockchain & MMO’s
16:26 - Outro

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