Explanation on the inner workings of how the World Of Warcraft gold economy functions. Resembling a very basic capitalistic system, the way World Of Warcraft money flows is similar to our own society in the way of trading the value of goods and services between individuals and organizations
A virtual economy is an in-game economy, usually consisting of income streams, marketplaces, and moneysinks.
Virtual Economic Elements
Typical MMORPG income streams
- Money drops from mobs.
- Item drops from mobs.
- Harvested items (also known as resources or trade goods).
- Skill crafted items.
Typical MMORPG marketplaces
- Selling to a vendor.
- Using the Auction House.
- Informal player transactions.
Typical MMORPG moneysinks
- Training fees.
- Transportation fees.
- Vendor purchases.
- Repair bills.
- Quest item turn-ins.
- Auction House fees and cuts.