Universal Currency for Prediction Markets

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The Sim Exchange:

What is DKP?

DKP is the common currency among players in Massively Multiplayer Online (MMO) games like World of Warcraft and Everquest, earned for performance and used for bidding on items. It is also the name of the currency on the simExchange. DKP is a completely virtual currency and is not backed by real money. On the simExchange, 1 DKP of stock price corresponds to 10,000 copies sold worldwide over lifetime for a game.

#1. What does it mean, &#8220-It is also the name of the currency on the simExchange&#8221-?? Is it a distinct currency with the same name, or the same currency with the same name???

#2. Why the hell would Jason Ruspini and the Yahoo! folks (David Pennock and Daniel Reeves) want to create new universal currencies if we have already DKP??? Can&#8217-t the play-money prediction exchanges (betting exchanges) join this group and share this currency?

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2 thoughts on “Universal Currency for Prediction Markets

  1. Midas Oracle .ORG » Blog Archive » Sim Exchange - How to earn additional money? said:

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  2. Midas Oracle .ORG » Blog Archive » Sim Exchange - How to earn additional money? said:

    […] Universal Currency for Prediction Markets Read the last blog posts by Chris. F. Masse:The topics that are popular with the Delicious […]

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