If You Don’t Believe in Virtual Goods, Please Go Away
Saturday, January 10th, 2009There is a lot of people out there who just can’t wrap their mind around OneSeason and the idea of trading synthetic, virtual, online goods. Let me see if I can help you with this phenomena. I am not trying to change your mind, or talk you into it. This article is to just help those folks understand the booming online virtual goods industry where people do indeed spend MILLIONS BILLIONS of dollars for pixels of light on a screen. Did you know that people buy and sell “gold” from World of Warcraft, and “plat” (platinum) from Everquest (multi-player, online fantasy role playing games)? There are businesses set up where people “farm” gold on these games, then sell the gold on websites such as PlayerAuctions.com. I myself took advantage of this in 2003. I had an account on a game that I had played with some friends for a couple years called Everquest. When I became bored of that game, I discovered that people were selling platinum on that PlayerAuctions site for $55.00 per 1000 platinum. I had a lot of platinum. I sold all of my characters gear in the game to get more platinum. I liqudiated the platinum on PlayerAuctions. Then, I sold the character. Final take? About $5,000. This was the down payment for my first house. Fast forward to today, and this is a booming industry. Can I tell you why people spend hundreds of dollars to get stuff to fight skeletons and zombies in a video game? Nope. But they do.
Have you heard of the website SecondLife.com? According to their Wikipedia article they have been around for about 5 years. It’s a virtual world. People pay real U.S. Dollars for currency in the game, and people just….live a second life. Buy clothes, cars, land, and anything else you can think of. People go on vacation, get jobs, are fired from jobs. Religions have even come into second life now, and opened up churches. It’s a trip. Here is what you need to pay attention to. As of March 2008, it is being reported that SecondLife.com is earning $1.4 million dollars a month in revenue. Wait what? You heard it right. They have a $500 million market for nothing but pixels of light on a screen. People buy and sell currency, land, cars, PEOPLE (yes slaves) in that game. Second Life already has a person who made a million dollars.
I’m sure little education is needs with regards to Facebook, and the thousands of dinky little applications on there you can add to your profile. Bar fight is my favorite where you can pay real money for upgrades to your player and buy weapons. Also on facebook, for a fee, you can send unique, limited edition gifts to your friends or flowers to your girlfriend. Yes. People do it. And they do it a lot. Have I spent money on facebook applications? Hellllll No! I can’t see value in that! It’s absurd!
So here we are with OneSeason. I am a sports fan. I am a fantasy sports fan. In the age of the internet, and online entertainment, OneSeason is giving people who don’t want to spend money on Longswords of Dragonslaying, or Pink Mohawks for their avatar, a different platform for their online entertainment needs.
If you don’t believe in it. Fine. Don’t spend your money on it! I wouldn’t spend money on SecondLife.com. I can’t see value in that! But I have fun on OneSeason, and I see a value in that, even though, it’s a similar idea.
If you don’t believe in OneSeason. Fine. Just go away and let the rest of us have our fun!
Online virtual goods are the future, and there will be many more things like this coming in the future.
If you need more proof that virtual goods are here read this article from techcrunch.
http://oneseasonnation.com/2008/01/virtual-goods-the-next-big-business-model/




















