Urgent Evoke

A crash course in changing the world.

I think the biggest change in relation to how we see and treat money is its increased transferable-ness and accessability by younger people. With money coming into the hands of younger and younger people, our economy as a wh*** has become more vunerable because the younger spenders are those spenders that spend it on 'wants' - rather on 'needs'.

Increased mobile phone use is generally not for need. It seems nowadays it is nothing out of the ordinary to carry a phone of $200 or more around in ones bag. It is the phones that will ultimately help decide the future of our economy. Mobile phones are easily accessable and always at out side.

We are carrying more money around in the form of our mobiles than we would like to think. Phone shops are popping up, it would seem, everywhere. The other day I was sitting at the bus stop when an 8 year old pulled out a phone and started having an in-depth conversation about how fast they could text.

It is these young phone posessers that are the most vunerable, because, unlike pocket-money they might get every now and then, phones are a source of cash that can be transfered into the virtual world. 'Acclaim' has a number of games available, some of which are focused on young children. In addition to this, they offer the game currency option. I know from my experience when I was younger that it is all too tempting to just pull out a phone and get the code which unlocks your online fame and wealth.

Many social networking sites and online games now offer game-currency. How to get this game currency?

- Credit card

- Phone

- Completing offers/surveys which ultimately ask for your mobile number.

With the virtual world becoming more and more accessable in various forms, it is all to easy for one nowadays to mistake its importance and become consumed by it. The virtual world could be the death or the salvation of our economy. It all depends how we choose to approach it. After a certain point in virtual games (in particular level-based ones), the game progress slows down; almost asking you to remake your account/character, along with all the money you have spent thus far on it. When you do you become unsatisfied with the new character's appearance or performance and are sucked once again into the never ending cycle of game money. Especially if you are a youth/young child.

Adults tend to lean more towards using credit cards for game cash. However, they actually earn their money and therefore are catious of over-spending. Children and young-adults on the other hand are more likely to place less worth upon their money as, well, it isn't their money. This is where the trouble begins: what happens when a large amount of people spend money that isn't theirs? What long and short term effects will follow?

I still don't know the answer to that question.

-Amber

Views: 37

Comment by Nick Heyming on April 1, 2010 at 3:35am
Interesting perspective. I worry about the youth sometimes, but for every way they're being taken advantage of, they're developing new resistances to information abuse...
Comment by Thomas Carlisle on April 6, 2010 at 4:36am
In a way this is an issue, but its it not as dire as you think. I bring your attention to FarmVille, the most popular social game available on Facebook. FarmVille itself is mostly rather innocent. Its Zynga, the company that owns it that creates the problem. They promote adds that are scams because they pay them more per add click, and the scams are indeed targeted at children because they had ready access to cell phones. Facebook allowed this to happen because Zynga was bringing in so much money for them through the adds. (These scams usually take the form of the surveys that ask for your phone number, that you mentioned.)

Now, however, they have been caught. The adds are going away, and FarmVille is cleaner. (As per the last time I looked into the story, back in Feb). Even if this wasn't the case, the scams would have gone away eventually anyways. Scams are usually very short lived, and even if they persist they eventually fade away as more legit companies are able to offer better rates, pushing the scams farther away. (When their profit margins begin to narrow, rather than compete the scammers just go looking for easier marks.)

For a more detailed look into this specific story go here.
http://techcrunch.com/2009/10/31/scamville-the-social-gaming-ecosys...
Comment by Patricio Buenrostro-Gilhuys on April 6, 2010 at 4:44am
I think virtual currencies MUST acknowledge the environmental and social impact. Something like this http://beta.interaction.rca.ac.uk/fom/index.php?/project/andrew-bro... for every virtual product. More about this on my post about Money and how the symbolic exchange forgets about the environment, people and reality http://www.urgentevoke.com/profiles/blogs/learn5-money-and-how-the
Comment by John D. Boyden on May 11, 2010 at 6:16pm
Don't know Amber? Take a look at Greece in the news. Then replicate it across the world :)
+1 KS! Good article!

Comment

You need to be a member of Urgent Evoke to add comments!

Join Urgent Evoke

Latest Activity

N updated their profile
Friday
Sophie C. commented on Asger Jon Vistisen's blog post Stinging Nettle
"I love that you've brought this to attention. An extensive database of uncommon but resistant and hardy plants/foods could be developed and organized by climate. Ease of growth and processing should also be taken in to account. I will try to…"
Aug 19
Meghan Mulvey posted a blog post

Fourth of July on the Lake

This past weekend was the annual celebration at the lake house in Connecticut. It is amazing that the lake is still so clear and beautiful after all these years. The watershed association has done a wonderful job protecting these waters from the damaging effects of development.The wood grill was finally ready to cook on, so we didn't miss the propane tank fueled grill anymore. The food actually tasted fresher than in the past and was easy to keep fueled.Dad was very proud of the solar hybrid…See More
Jul 6
Asger Jon Vistisen posted a blog post

Stinging Nettle

In this blog post I will focus on a plant that is abundant in our nature, and which is immensely nutritious. It's of course the Stinging Nettle. Let's start with the chemical constituents of this plant:37 % Non-Nitrogen-Extracts19 - 29 % Ash9 - 21 % Fiber4 % Fat22 % ProteinOnce the leaves are drid, their protein content can reach an astounding 40 %, which is much higher than beef, which even under the best of circ***tances can never exceed 31 % protein. In addition the Stinging Nettle consists…See More
Apr 13
Jonathon McCallum posted a blog post

The meal

It is 7'oclock, I was late home from work due to an assignment that i wanted to get ahead on. By the time I get home I am feeling extremley tired and I cannot be bothered to make a proper meal. I walk to the fridge and open it to see what there is for me to eat. All of the out of date foodstuffs have been automaticaly thrown away by the fridge, they will be recycled tomorrow as animal feed or something. I see i have organic local eggs and some local cheese. Foods are vacc** sealded for easy…See More
Mar 10
Jean Paul Galea shared a profile on Facebook
Mar 1
Kevin posted a blog post

Future

FutureToday is 2020/1/1. It is just like yesterday. The war is still continuing. It has started since 2010. In 2010, that year was a horrible year. Almost every energy ran out. Every country’s governments were crushed down at the same time. There were riots everywhere. All of the big company’s bosses were killed xdeadx in the riots. Troops fought each other everywhere. Food was bought up xawayx at once. There were no more food supplies in any shops. The economy was all crushed down. All the…See More
Jan 1
Namwaka Mooto posted blog posts
Jan 13, 2016
T D updated their profile
Sep 3, 2015
Brook Warner posted blog posts
Aug 25, 2015
Santiago Vega posted blog posts
May 5, 2015
Santiago Vega commented on Santiago Vega's blog post Act 8
May 5, 2015
Santiago Vega posted photos
May 5, 2015
Rico Angel Rodriguez posted blog posts
May 2, 2015
Rico Angel Rodriguez posted a photo

public servants

The exchange works directly for state and public workers and servants. It gives them credit in exchange for the amount of public work they contribute to the community. The more constructive they are based off a base rate the more credit they recieve.
May 2, 2015
Brian Hurley posted blog posts
May 2, 2015

Follow EVOKE on Twitter




Official EVOKE Facebook Page




EVOKE RSS Activity Feed










© 2020   Created by Alchemy.   Powered by

Badges  |  Report an Issue  |  Terms of Service