Click to learn more about the Virtual Goods Summit 2007

I am at the first Virtual Goods Summit taking place on Stanford Campus. Virtual worlds and good are really getting hot and here are some amazing facts:

  • Tencent with the QQ IM brand in China has more than 254 unique million users & 28MM simultaneous users
  • Neopets: 40 MM registered users and 750, 000 daily transactions
  • Nexon: 3.5 MM registered users, virtual goods cost between $0.60-$1.00. People by functional & decorative items like a rainbow colored balloon to use in a game rather than that standard balloon because people don’t want to be like all the others.
  • Nexon users spend more money on virtual haircuts than on normal haircuts!
  • Habbo Hotel sells more furniture than IKEA!

I am really happy that I decided to go here and skip the second day at Supernova. Virtual goods and worlds are going to be so huge – the fun has only got started.

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