SOE Licenses 3rd Party RMT Company for In Game Virtual Property Sales

Gori · 12-17-2007, 11:40 PM

Putting this here for exposure, feel free to move it if you think it needs move LFG.
Haven't had a chance to read the whole thread, but the guy who started it is pretty reputable. Suprised it hasn't been linked here yet.

Now we can all become Gold Sellers

Here is the press release by the way. SOE is mentioned by name and their logo is on the site.

Live Gamer - The Trusted Source for Virtual Trading

Quote:

Live Gamer Inc™ Partners with Funcom GMBH, Sony Online Entertainment,
10TACLE STUDIOS, Acclaim, GoPets LTD, and Ping0 Interactive Limited to Launch
Publisher-Supported Marketplace for Secure Virtual Trading
$24 Million Investment by Charles River Ventures, Kodiak Venture Partners, and Pequot Ventures

NEW YORK CITY, DECEMBER 17, 2007 – Live Gamer Inc™ (www.livegamer.com) today announced its introduction as the premier provider of a publisher-supported, secure platform for real money trading of virtual property. Live Gamer is partnering with top massively multiplayer online game (MMOG) publishers and virtual world operators worldwide, including Funcom GMBH, Sony Online Entertainment, 10TACLE STUDIOS, Acclaim, GoPets LTD, and Ping0 Interactive Limited. The company was founded by industry veterans and backed with $24 million in venture funding from Charles River Ventures, Kodiak Venture Partners, and Pequot Ventures.

Formalizing and Legitimizing the Existing Virtual Economy
Virtual trading today represents an estimated $1.8 billion in real money exchanged annually among MMOG players and virtual world inhabitants who buy and sell rights to use in-game goods, services, and characters . To date, such transactions have usually meant braving an unstructured, unsanctioned marketplace in which players lack protection from unethical traders, and do business in violation of the publisher's terms of service. By introducing a fully transparent, secure, publisher-sanctioned marketplace, Live Gamer helps protect content creators from the distorting impact of illicit trading on their intellectual property and provides a safe alternative for consumers around the world who spend millions of hours in-world every month.

aduros · 12-17-2007, 11:49 PM

I'd be lying if I said I was surprised. Their timing is just impeccable.

Illuziun · 12-18-2007, 12:06 AM

Gotta get that money, that's all it's about. If selling in game stuff is getting them that money then they're gonna take advantage of it.

Kyrsten · 12-18-2007, 12:10 AM

I don't know what to say.

Hexus · 12-18-2007, 12:19 AM

Why the hell do you think they brought in the assfucker that ran that huge RTM site? Anyone that didn't see this coming is an optimistic dumbfuck.

-Hexus-

aduros · 12-18-2007, 12:19 AM

And just a few days after the Test-to-Unrest fiasco. These guys are good.

Gori · 12-18-2007, 12:22 AM

LOL...
I was just looking at their site again and it turns out that is where George Scotto went.

Khalan · 12-18-2007, 12:23 AM

The real question is, what took them so long?

hennyo · 12-18-2007, 12:27 AM

So they letting people transfer off the exchange servers now?

aduros · 12-18-2007, 12:35 AM

Quote:

Originally Posted by hennyo

So they letting people transfer off the exchange servers now?

I would assume they'll be allowing Exchange players to transfer. This way they can convert the exchange servers to live, and accommodate the massive influx of renewed subscriptions and new players that will follow this announcement.