Level Up Allows RMT
Posted Friday, June 23rd, 2006 2:40 pm by Mike Abundo
Viewed 5563 times | Related entries: Gaming, Intellectual Property, Tech News, e/m-Commerce
Looks like top Philippine game publisher Level Up is going the way of Sony. They’ve flipped their policy on C2C virtual item real money trade (RMT), now encouraging it.
Now that they’ve got a policy that encourages C2C RMT, they should put in the technology to secure and automate it. That’s what they owe their customers: it prevents fraud. That’s how they can make money: global RMT estimates run as high as $800 million a year. That’s what Sony does with Station Exchange: they handled more than $180,000 in transactions in their first month.
Hey, Mobius, you pioneered B2C g-commerce in the Philippines. Heck, you deployed the first online gaming metacurrency in the Philippines. Level Up’s technology and marketing suffer a disconnect, but it’s only a matter of time before they bridge that disconnect to make money by securing and automating C2C RMT a la Station Exchange. Are you going to let Level Up get the jump in C2C g-commerce?
(Via John Cuneta.)
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[...] Anti-Keylogger Trick Posted on November 26th, 2006 in Security by Mike Abundo Most Filipinos access the Internet through Internet cafes of wildly varying quality — from posh luxury gaming centers to dingy little holes-in-the-wall (mostly the latter). The wide low end of that spectrum is a fertile password-hunting ground for keyloggers. Right now, Filipino script kiddies steal passwords to play infantile pranks on newbies’ social network and game accounts. As a fourth of the population moves online next year with social media advertising and RMT on the rise, things could get serious. That’s why hotseating Filipino netizens should use this anti-keylogger trick. For example the segment [...]
[...] I am not a proponent of online games, so no such software has been installed. Games are a time sink. The kids have better things to do with their time than trot around with a virtual AK-47 or a wield a virtual sword around some fantasy domain. Except, of course, on my PC. Call me double-standard, but until the kids are paying their own rent, they have to live by MY rules. I can tolerate a few games that promote strategic thinking—like Civilization IV. The occassional FPS is ok for its entertainment value—I am not worried about the kids turning into serial-killer zombies. But unlike Mike Abundo, I don’t believe that online games should and will become the next golf. I’ll elaborate on that in a different post. [...]
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