Amazon Launches ‘Amazon Coins’ Virtual Currency Service
Virtual currency can be used to acquire virtual commodities that are sold by a variety of communities. The most popular are the social networking sites, virtual worlds, and other online gaming sites. This kind of purchase and sale of goods or services, whatever their nature, is gaining ground rapidly. You could be short of currency the is required to continue playing the game you are engrossed in on Facebook or for any other make believe online business transaction. You are prompted to acquire more currency and you do so without giving it a second thought, such is the compelling nature of addiction to games online. It is not just goods or services, you could acquire a piece of land that you can virtually own, in addition to farm supplies and other items. Virtual currency often denotes cyber currency or electronic money, which cannot be classified legal tender. It is actually an intangible ass et, however it is backed by virtual goods that are again not materially real. Virtua...