Still, she sees projects like In-Q-Tel's as confirmation that virtual worlds have value for serious organizations.
Of course, the federal government is hardly the only major organization discovering the value of virtual conferences.
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The Bitcoin virtual currency lost half its value on Wednesday because of a panic sell-off.
The value of the virtual portfolios fluctuates as employees comment, debate and try promising ideas.
Weibi can be used to purchase virtual goods for gaming and value-added services on the Sina Weibo site.
Grimmelmann, the law professor, said the virtual land does have real value.
Online services and exchanges dealing in Bitcoins have been hit by hack attacks that led to a drop in the value of the virtual currency.
His point was that focus should be on content, not the quick buck, and though there are a few gems to be found there, the vast majority of these titles are cranked out on an assembly line, and littered with costly additions where players pay to earn virtual items with no real value.
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Cyber-thieves are attempting to cash in on the rising value of the bitcoin virtual currency.
The virtual world is the perfect crucible for launching unrestricted currency competition and that competition will enable further opportunities for transporting virtual world earnings to real world value.
As I outlined in Virtual Currencies and Roach Motels, in-world economies are the perfect crucible for launching unrestricted currency competition and that competition will enable further opportunities for transporting virtual world earnings to real world value.
In the case of bitcoin, a strong case can be made that, even with secondary markets, certain virtual currencies lack the legal elements of material value and property.
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Later on, Jeffrey Rayport and John Sviokla applied the idea to the virtual world, the world of information, arguing that managers must pay attention to the way in which value chains work in both the tangible world of the marketplace and the virtual world of the market space.
Social media thus can be a means to establish professional credibility and value that can be shared throughout the virtual world.
Regardless of the measurable value, brands have been in a virtual arms race with their competitors to secure the most fans, likes, etc.
According to a 2010 Business Software Alliance (BSA) study, seven in 10 users say they support paying for virtual property, and eight in 10 say they value legal over pirated software.
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Entire virtual economies have emerged, assigning real-world monetary value to items or skills in games.
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This means that virtual items acquired within Entropia Universe have a real cash value, and a participant may, at any time, initiate a withdrawal of their accumulated PEDs back into real world currencies according to the fixed exchange rate, minus transaction fees, the minimum amount for a withdrawal is 1000 PED.
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This approach would allow entertainment value to go untaxed without creating a new tax shelter for virtual commerce, Lederman says.
These stored value cards give kids without credit cards a way to buy the in-game virtual currencies with real money.
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The European Commission has said it is studying a proposal to impose value added tax (VAT) on sales of music, software and other "virtual" goods over the internet.
The campaign will provide unique, in-game value to players by offering them the opportunity to build a CENTURY 21 Office building and earn virtual currency (Simoleons), helping them grow their cities by buying new homes, businesses and land, while interacting with our brand in a seamless and relevant way.
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