Tag China

China Bans Gold Farming

Not strictly an Age of Conan piece of news, but China has banned gold farming says InformationWeek. It really is a ban on virtual currencies, but MMO gold farming is surely the primary target.

The trading of virtual currency for real cash employs hundreds of thousands of people worldwide and generates between $200 million and $1 billion annually, according to a 2008 survey conducted by Richard Heeks at the University of Manchester.

He estimates that between 80% and 85% of gold farmers are based in China.

Luckily this isn’t as much of an issue in Age of Conan. Yet.

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