Virtual Currencies Gain in Popularity
Make way, Zambian kwacha. There’s a hot new exotic currency on the market, only it’s not 
from any country on earth—at least not one in the material world. This currency is called the Project Entropia Dollar (PED) and it’s used to buy and sell goods on the planet Calypso, in an online gaming world called Entropia Universe.
The PED is among a growing number of alternative currencies changing hands in virtual worlds, social networks, and other Web sites eager to make it easier for users to spend money and carry out other transactions while online. Read more:
Technorati Tags: Project Entropia Dollar, PED, Calypso, Entropia Universe, alternative currencies, Hans Andersson, Mind Bank, Shaun Rein, China Market Research Group, Second Life, Linden Research, Tom Hale, eBay, PayPal, Charles Schwab Teens & Money 2007 survey, Michael Ting, Obopay, Facebook, News Corp., MySpace, Business Week, NCET, Nevada’s Center for Entrepreneurship and Technology
…
