Virtual economy project receives TEKES funding

15 Nov 2007 - TEKES has awarded 2,5 year funding for the project Advanced Virtual Economy Applications (AVEA) from 1.1.2008. The project will study virtual economies: systems where millions of Internet users create and trade virtual items and currencies, often for real money. HIIT's industrial partners in the project are Nokia Research Center, CCP Games, Playdo, and SWelcom. The research will be carried out in co-operation with Waseda University, Tokyo, Japan. For more information, please contact Vili Lehdonvirta.