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November 8, 2009

'Virtual Goods Start Bringing Real Paydays'

The above-headlined front page story in yesterday's New York Times got me all atwitter (sorry, no pun intended).

Though the thrust of the article was that people in virtual worlds like FarmVille are paying real cash money for pixels — one billion dollars this year in the U.S., around $5 billion worldwide — what struck me is that such transactions are only the tip of the iceberg in terms of what's possible for web monetization.

For example: How about if I were to create a WordCloud within bookofjoe such that the size of a fan's name or handle were proportional to whatever they threw in the virtual fountain?

Why, I bet I could make a dollar a day, maybe more, with such a feature.

My crack tech team's on this as I type.

Stay tuned.

November 8, 2009 at 05:01 PM | Permalink


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Also, Thanks Fred for the excellent link!

Posted by: Joe Peach | Nov 9, 2009 5:47:20 PM

That video transends the word "über"!

Posted by: Joe Peach | Nov 9, 2009 4:49:58 PM

Yeah, I'm with Fred (and Steve Lyons, aka Fake Steve Jobs). The Times really, really, really blew this one hard. They were fed a press release story and failed to even google 'zynga' to see first-page results about scams and pledges to clean up and so on.

This reflects incredibly poorly on the Times.

Posted by: Phillip Winn | Nov 9, 2009 11:11:51 AM

Why Mainstream media is dying:


Posted by: Fred | Nov 9, 2009 9:24:44 AM

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