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MindArk: In-app purchasing is great, but who's regulating it?

Discussion in 'Entropia Universe in the Press' started by NotAdmin, Jan 20, 2012.

Jan 20, 2012 #1

NotAdmin Administrator

MindArk is mentioned in an article about in-app purchasing, which then goes on to question who will regulate the sales of these virtual items:

When Entropia Universe creators, MindArk, announced that one of their players had sold a virtual resort for $635,000 in November 2010, it marked a new high in virtual goods being sold for real cash.
...
Juniper Research says that by 2016 the IAP industry will be worth almost $5 billion. A nice big figure, but one that raises questions over who is regulating this increasingly lucrative industry.
Click to expand...

Full article:

http://www.mobile-ent.biz/news/read/opinion-in-app-purchasing-great-but-who-s-regulating-it/016766

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