in Research, Time

Project 1. Research #1

Virtual world?

Found an interesting read about our virtual economy.

The article breakdown on how we live in a digital space – how the virtual economy/world shows exponential growth and popularity.

The virtual world, like online gaming, are constantly evolving with time adding new features. The virtual world is real, people make virtual profits and etc to survive in the game. It even extends out to purchasing of virtual assets using real currencies and making real profits are also common. This is made possible with technology.

With the ever-changing development of technology, our real economy seems unattainable. Many aspects of our daily life seems to be revolving around the virtual world.

  • Music is now digital and played over devices/computers.
  • Print moved to the digital space.
  • Entertainment, such as TV, games and internet, some exist exclusively in the digital world.
  • Social Media is a new platform we use to communicate with others.
  • The ‘cloud’, how we store documents online

I feel that in today’s world, our reality towards the need for more virtual assets is apparent. The line between both worlds is thin. It overlaps and might merge eventually.