[the_logos]

I assume by your dismissive "IRE's little business" you mean the virtual asset sales model.

Surely you're aware of products in the West like Habbo (65 million/year in virtual good sales) or the fact that virtually every MMO in Korea uses the model? Nexon alone does more than 400 million/year in virtual good sales in their online games.

Kind of makes you wonder how much of the objection to it is just good old-fashioned cultural conditioning when entire national populations have embraced the model (it was estimated for awhile that 25% of the people in S. Korea had played Kart Rider at least once, for instance, and it had about 15 million regular users at its peak. It uses the virtual asset sales model, like almost everything else there.)

--matt