December 14, 2008
12:08 am
Home metaverse opened for Sony PS3
The doors to the beta of first console-based massively multi-player virtual world of PS3's Home metaverse opened. With this, the PlayStation 3 has been opened to important revenue streams, namely micro-transactions and advertisements. The micro-transaction market has proven to be one of growth, with a great deal of interest turning toward it as rumors that EA's latest Star Wars MMO would include the exchange of real life money for virtual goods, and with destinations like Gaia Online claiming more than a million dollars of micro-revenue per month. Last June, Lightspeed Venture Partners estimated that free-to-play MMOs draw between one and two dollars per user per month.
Source:→ BetaNews
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Very interested to see how the whole 'home' concept on a console game is going to work out. Sony's dumped a lot of time and money into making this a reality, let's hope they can pull it off with panache.