Gold farming is playing a massively multiplayer online game to acquire in-game currency that other players purchase in exchange for real-world money. People in China and in other developing nations have held full-time employment as gold farmers.
While most game operators expressly ban the practice of selling in-game currency for real-world cash, gold farming is lucrative because it takes advantage of economic inequality and the fact that much time is needed to earn in-game currency. Rich, developed country players, wishing to save many hours of playing time, may be willing to pay substantial sums to the developing country gold farmers.
Read more about Gold Farming: History, Figures, Rules and Enforcement, Law, Regulation and Taxation, Game Sweatshop, Development Potential, In The Media
Famous quotes containing the words gold and/or farming:
“As in digging for precious metals in the mines, much earthy rubbish has first to be troublesomely handled and thrown out; so, in digging in one’s soul for the fine gold of genius, much dullness and common-place is first brought to light.”
—Herman Melville (1819–1891)
“With the farming of a verse
Make a vineyard of the curse,”
—W.H. (Wystan Hugh)