22 Oct 2002
The long-running game EverQuest, which has attracted the interest of economists because of its ability to create virtual economies, is suffering from a spate of virtual counterfeiting.
According to the BBC, the game's makers have had to crack down on users who have found a way to bend the rules.
Further reading
The huge amount of virtual money being pumped into the game is threatening to bring the EverQuest economy to its knees.
The influx of cash may have prompted hyperinflation and made it impossible for new players to get established.
Although EverQuest features the usual warriors, spell-slinging sorcerers and monsters, the characters that inhabit the world pursue a profession at the same time.
Typically the time needed by a player to substantially improve the professional expertise and power of their EverQuest character is so great, that it does not cause problems in the financial markets of the game world.
But some users have discovered an easy way to carry out these time-consuming tasks, and are unbalancing the EverQuest economy.
The counterfeiters, who are using macros to turn small cash piles into slightly larger ones, have set up huge counterfeiting organisations with dedicated computers that do nothing but run the macro.
Once a player has created a large pile of cash they can sell it for real money on the many auction boards and marketplaces, such as PlayerAuctions, that have sprung up.
Recent estimates put the amount of 'platinum' pieces available to buy on just one EverQuest server at more than three million.
The exchange rate of game money to real money is not very good - 100,000 platinum pieces sells for about $350 - but it is enough to tempt many people to try the scam.
Verant, the company behind EverQuest, has now started to crack down on people using the money-making macro, and is suspending accounts and confiscating items from users it catches exploiting the loophole.
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Do you agree?
macro's should be banned period
I hate macro's! I entered an online need for speed competition on websites and I was so fanatic but those pricks with their fancy keyboards shoved it up my ass! The grand prize was a custum race-seat...Good luck with your macro's it's not like they're driving like Hamilton suddenly. When I was young my brother had a turbo button on his SNES-controller and I thought that was cheap! I thought people played games to feel what it's like to be good at something in which you suck in daily life (PE I'm a diehard racefan and very good on a console but in reality nothing special)? How pathetic are macro's from that perspective? Where's the thrill? We know machine and machine is a perfect marriage, it's common knowledge. And now people are using them to have rich avatars in an RPG (I guess?) Good for u sonny, if you meet a nice girl take her to a restaurant. I'll bet she's impressed. Greetings, a frustrated disappointed old fart who spent his christmas (actually whole of december) racing a stupid banner-game hoping to win the earnes wayt!!!!! And what do I get? NFS (SHIFT!!! for Christs sake!!) for a console that I don't have and a pissed off girlfriend from who I have to hear this the upcoming 20 years. Because I'm the loser, naturally
Posted by: Roger 11 Jan 2010