FEASIBILITY STUDY:
Virtonomics Economic Game (Gamerflot Trading Ltd):
This is an online game for everyone who not only understands the laws of real life economy, business and finance but also enjoys playing online games, meeting interesting people and making useful connections. It is a versatile game that allows for the combination of logical and business gaming with real economic simulations & economic strategies hence the very high attractions with managers and other business men.
Some of the features of this game: • It is a business game with ideas that can be applied to real life business scenarios • It is a global game with translations currently in English, Chinese and French and has players from more than 40 countries • It is integrated with all popular social networks where most of its advertisement is done via introductions between friends • It is a unique system for business training. In 2009, several universities and business schools in the United States began using its business simulations as a training tool. • Players of this game actually make real money by either: a) Taking part in different contests and tenders as well as regular promotional campaigns b) Attracting other people to play the game. • Has currently got a players’ level of up to 204. • This game has got its own currency called VIRT which can be changed to real life currency via the games exchange rate. It buys VIRT currency at the exchange rate of 1 VIRT to $1 minus fee for the money transfer. (minimum of 100 VIRT is required) and transferred can be made via PAYPAL • Has two possible models: “Free-to-play” and “Game Subscription”
Some of the benefits of the game:
The developers of Virtonomics have been able to make money off this game by doing the following: • This game has a community of players on Facebook, My Space etc, with the game itself having players’ forum and chat rooms hence resulting in a reduction in the