Understanding Currencies in Video Games: A Review
Amir Reza Asadi, Reza Hemadi

TL;DR
This paper reviews the role and design of virtual currencies in video games, analyzing their mechanics and schemas to inform game economy design with practical examples.
Contribution
It categorizes virtual currencies based on game mechanics and schemas, providing a comprehensive analysis of 11 games to guide game designers.
Findings
Identified key types of virtual currencies and their mechanics.
Provided a model illustrating currency schemas and mechanics.
Offered insights for designing balanced in-game economies.
Abstract
This paper presents a review of the status of currencies in video games. The business of video games is a multibillion-dollar industry, and its internal economy design is an important field to investigate. In this study, we have distinguished virtual currencies in terms of game mechanics and virtual currency schema, and we have examined 11 games that have used virtual currencies in a significant way and have provided insight for game designers on the internal game economy by showing tangible examples of game mechanics presented in our model
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