RMT(Real����������� ������������������  Money����������� ������������������  Trade)����������� ������������������  on����������� ������������������  in-game����������� ������������������  items

by Jongsoo(Jay) Yoon iwillbe99@gmail.com!

twitter @iwillbe99 www.jayyoon.com

Game Addiction

Nature of Trade

Gambling Regulation

!VirtualCrime

Real Money Trade

Gambling Regulation !

•arcade game, especially redemption game “Bada Iyagi” in Korea •characteristics of game of chance wager, chance and prize •in-game items in MMORPGs •Game Industry Promotion Act •banning exchange game money or items for real money as a business

•apply to game money or items - obtained by chance in gaming - obtained by the irregular way, such as getting game item as a business - obtained by hacking

Nature of RMT of in-game Items !

•what to trade for real money in legal conception ? the item itself ? a right to use items ? a premium ?

!

•Terms of Use issue Supreme Court of Korea only addressed the interpretation of Terms of Use, not validity of RMT

•stability issue adjustment, change, banning playing, deletion by game developers

•taxation issue Supreme Court of Korea acknowledged the taxability of trading game money in a VAT case

Copyright by Jay Yoon Except where otherwise, contents on this work are

licensed under a creative commmons attribution Korea 2.0 license (http://creativecommons.org/licenses/by/2.0/kr)