At 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.
Technorati Tags: Habbo Hotel, Neopets, Nexon, Virtual economy, Virtual worlds, puppy, puppy, QQ, Tencent, Vgsummit2007
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- Net Jacobsson is a former Facebook Executive, Advisor and Entrepreneur with many strings on his harp. Founder of Opportunistic Ventures & PlayHopper, Advisor to: CrowdStar, OpenFeint, PadWorx, PixOwl & and Board member of P1
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