Angelina Chow, Jingzhi Guo
2009 Proceedings of the 11th International Conference on Electronic Commerce - ICEC '09  
Establishing an open virtual money exchange regime is a novel idea but rarely discussed. This paper provides a pioneer research on virtual money exchange (VONEX) approach, aiming to facilitate the exchange of virtual currencies among a variety of heterogeneous virtual communities. It has defined the intrinsic value and exchangeable value of virtual currencies and suggested a redistribution strategy, constituting the theoretical foundation of the virtual exchange rate system, by which a novel
more » ... EX exchange rate algorithm is derived. Further to the introduction of the algorithm, a proof is given to ensure its correctness.
doi:10.1145/1593254.1593311 dblp:conf/ACMicec/ChowG09 fatcat:x6rdngsr2fhlnohyil23bk225y