1. The real-world value of Virtual Property Wian Erlank

2. Say what? What is a virtual world? What is virtual property?
Why should we care?

3. What are Virtual Worlds?
"virtual worlds are computer-moderated, persistent environments through and with which multiple individuals may interact simultaneously. (Bartle 2004)

4. What are Virtual Worlds?
"A virtual world is an alternative, non-physical world, in contrast to the real, physical world we live in." (Erlank 2012)

5. Types of Virtual Worlds
Levelling
Killing for points and social status
Examples:
WoW
Everquest
Non-levelling
Socialisation is the purpose
There.com
Second Life

6. What is virtual property?
"Property" has different meanings
Mostly objects
Found INSIDE virtual worlds
Similar in form and function to real world counterparts
Have value
Either economic
Or Sentimental
And should be protected
By same legal remedies as in the real world
It is not "just a game"

7. Virtual property object
Example:
Virtual chair at wrestling match or
Virtual sword
Versus ….

8. Interesting facts Virtual World Crime Economically Speaking
Theft of items – both in and outside of VW
Courts will protect against theft
Economically Speaking
More than 7 Billion US Dollars

9. Conclusion: Don’t laugh at the person who plays WoW:
They are probably making money….
And could have a real sword.
Questions?