Post Reply Game currency for real money
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Posted 3/19/18
Is there a way to get real money from in game currency so I can earn like 1000 dollars a month purely from playing and trading in game currency? It could be game from any country.
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21 / M / Bundaberg, Queens...
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Posted 3/20/18
Yes and no depends where you live what its worth depends on the game and how much ingame money you make.

It's always illegal or against TOS though.
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Posted 3/20/18

Ryulightorb wrote:

Yes and no depends where you live what its worth depends on the game and how much ingame money you make.

It's always illegal or against TOS though.


Hmm, you see, Bitcoin is legal, and it is a cryptocurrency. I've tried mining bitcoin for like 0.87USD per day, well ya, someone can get as high as 30USD a day.

The point is, these cryptocurrency are registered through ICO with initial fundings, and I thought, if I have to mine with my machine, maybe gaming currency could do the same trick, except well you will be grinding the game instead of mining bitcoins. As for certain game like Second Life I've heard they're doing it, I think they are legal
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Posted 3/20/18

fredreload wrote:


Ryulightorb wrote:

Yes and no depends where you live what its worth depends on the game and how much ingame money you make.

It's always illegal or against TOS though.


Hmm, you see, Bitcoin is legal, and it is a cryptocurrency. I've tried mining bitcoin for like 0.87USD per day, well ya, someone can get as high as 30USD a day.

The point is, these cryptocurrency are registered through ICO with initial fundings, and I thought, if I have to mine with my machine, maybe gaming currency could do the same trick, except well you will be grinding the game instead of mining bitcoins. As for certain game like Second Life I've heard they're doing it, I think they are legal


The problem is that gold you are grinding is still the companies property legally so even if it's digital they can sue and you can be taken to court for selling it.

Using your bitcoin example it would be basically the same as me taking your bitcoin then selling it for my profit atleast in the eyes of the legal system
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Posted 3/20/18

Ryulightorb wrote:

Yes and no depends where you live what its worth depends on the game and how much ingame money you make.

It's always illegal or against TOS though.


Well I live in Taiwan, when is it "Yes", and what is TOS?
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21 / M / Bundaberg, Queens...
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Posted 3/20/18

fredreload wrote:


Ryulightorb wrote:

Yes and no depends where you live what its worth depends on the game and how much ingame money you make.

It's always illegal or against TOS though.


Well I live in Taiwan, when is it "Yes", and what is TOS?


When you can manipulate the market to make enough profits and Terms of service.
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Posted 3/20/18

Ryulightorb wrote:


fredreload wrote:


Ryulightorb wrote:

Yes and no depends where you live what its worth depends on the game and how much ingame money you make.

It's always illegal or against TOS though.


Well I live in Taiwan, when is it "Yes", and what is TOS?


When you can manipulate the market to make enough profits and Terms of service.


Ya, I'd figure by now yelling at my computer doesn't work
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Posted 3/20/18

Ryulightorb wrote:

It's always illegal or against TOS though.


Not really. There are games out there that are built around the concept of real world currency exchange.

Entropia Universe, for example, is free to use but almost every action requires investment of real money to use (for example, you have to buy ammunition from the game maker). Things you loot from monsters or the environment can be sold to other players or manufactured into goods for resale.

The game skills you level up have a significant impact on your efficiency, meaning that long term players can undercut you and still make a profit.

If you manage to make money you can withdraw your game cash into a real world bank account.

Opportunities for profit are very limited though; the developer takes a cut of any investment from the ammunition you buy and the rest of the value is shared among the players - for 1 player to profit many others must lose.
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Posted 3/20/18

MidoriNoTora wrote:


Ryulightorb wrote:

It's always illegal or against TOS though.


Not really. There are games out there that are built around the concept of real world currency exchange.

Entropia Universe, for example, is free to use but almost every action requires investment of real money to use (for example, you have to buy ammunition from the game maker). Things you loot from monsters or the environment can be sold to other players or manufactured into goods for resale.

The game skills you level up have a significant impact on your efficiency, meaning that long term players can undercut you and still make a profit.

If you manage to make money you can withdraw your game cash into a real world bank account.

Opportunities for profit are very limited though; the developer takes a cut of any investment from the ammunition you buy and the rest of the value is shared among the players - for 1 player to profit many others must lose.


Well, I can't really think of any constructive means to gaming, it's like opium. And don't get me started on educational math games, those traumatized my childhood. Well but could you shrink down the operation of a company to the size of a game, that would be questionable. If gaming earns money, no one would be building websites, houses, or even food. That and when you finally put all automation to work, you put a virtual life on top of a real life. A job this tedious should get paid.
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Posted 3/20/18

MidoriNoTora wrote:


Ryulightorb wrote:

It's always illegal or against TOS though.


Not really. There are games out there that are built around the concept of real world currency exchange.

Entropia Universe, for example, is free to use but almost every action requires investment of real money to use (for example, you have to buy ammunition from the game maker). Things you loot from monsters or the environment can be sold to other players or manufactured into goods for resale.

The game skills you level up have a significant impact on your efficiency, meaning that long term players can undercut you and still make a profit.

If you manage to make money you can withdraw your game cash into a real world bank account.

Opportunities for profit are very limited though; the developer takes a cut of any investment from the ammunition you buy and the rest of the value is shared among the players - for 1 player to profit many others must lose.


well of course there are the exceptions i should of said almost always
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Posted 3/21/18
The only legal way to do this Fred, would be some sort of TCG like Magic the Gathering where you can buy and sell online cards with real money (in fact it's basically normal MtG, but on a computer). You're basically speculating with cards instead of commodities though so you might as well invest in commodities.

And speaking of commodities, Bitcoin mining isn't worth the time unless you can steal the electricity to do it, the complexity of a bitcoin now requires more in energy cost than the coin is worth. Also, ICO's are being looked into by the SEC in the US as several of them have been scams recently. You might also want to look at the most recent hacks of Bitcoin exchanges as well as the security of any coins you may own doesn't seem to be particularly high at the moment.

If you want to make money "gaming" I'd advise picking an online competitive game with some sort of prize competition (League of Legends and Starcraft spring to mind) and trying to win games with cash prizes. This will obviously be extremely difficult and you will have to "git gud"

Disappointingly, making a living from gaming isn't that viable. You might want to consider starting a YouTube channel and doing Lets Plays. It's not exactly what your thinking of, but you could pull it off.
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Posted 3/22/18
You might try to get a career with the game industry of course, either production or distribution.
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Posted 3/22/18 , edited 3/22/18
No. Gaming companies desire that you pay them, not the other way around. Among the closest you can get is being paid to promote a game or tech company, which requires you becoming popular enough to be considered a worthwhile investment for them in the first place. This is how YouTube gamers and the like can become famous and even wealthy. Connections are integral.
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28 / M / St.Louis
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Posted 24 days ago
You can buy game memberships with in game money in Eve Online.
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