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Webinar: The Design Pillars of Sustainable Game Economies

​Join us as we tackle the most difficult aspect of game creation: creating sustainable, balanced economies. ​Continuing our vision of a world of healthy and long-lasting game economies and building upon the recent publication of our Manifesto for Building Sustainable Game Economies, we are joined for this session by Pr. Edward Castronova, - known for his research on virtual worlds - who reminds us that virtual economies tend to behave like “real-word” economies. ​Applying macroeconomics principles to game economy and using examples from video game history, Castronova gives advice on how to design healthy game economies by setting metrics and control points that matter, as well as how to build data-driven economy governance. ​Speaker: Edward Castronova: Economist, Professor of Media at Indiana University, and a lifelong gamer. ​Edward has invested his work in understanding the cultural phenomena of games, video games, and virtual worlds. Castronova joined Machinations to advise the team on virtual economies. Chapters: 00:00 - Introduction 01:27 - The design Pillars of Sutainable Game Economies 04:16 - The Three Core Pillars of Sustainable Game Economies 05:10 - 1st Pillar: Currency Stability 39:40 - 2nd Pillar: Price Rationality 50:50 - 3rd Pillar: Proper Allocation 01:03:30 - Economy Design Best Practices 01:05:28 - Cheat Sheet and Parting Words 01:07:02 - Q&A To go further: ► The Machinations' Manifesto for Building Sustainable Game Economies: https://machinations.io/articles/the-... Check out past & upcoming webinars: ► https://machinations.io/articles/cate... Join the community ► Discord:   / discord   ► Twitter:   / machinationsio