Showing posts with label terra nova. Show all posts
Showing posts with label terra nova. Show all posts

03 July 2007

A Declaration of Virtual Policy...

...made by representatives of law, industry, and academia, assembled in full and free convention as the first Synthetic Worlds Congress.

Whereas virtual worlds are places with untapped potential, providing new and positive experiences and effects, we resolve that...

(Via Terra Nova.)

21 March 2007

Virtual Dosh: A Taxing Question

Here's the latest contribution to the (academic) debate about whether and in what circumstances virtual dosh should be taxed:

Although it seems intuitively the case that the person who auctions virtual property online for a living should be taxed on his or her earnings, or even that the player who occasionally sells a valuable item for real money should be taxed on the profits of those sales, what of the player who only accumulates items or virtual currency within a virtual world? Should the person whose avatar7 discovers or wins an item of value be taxed on the value of that item? And should a person who trades an item in-game with another player (for an item or virtual currency) be taxed on any increase in value of the item relinquished?

(Via Terra Nova.)