P2P Virtual Currency Exchange Launches

miller60 writes "In the wake of eBay's decision to halt auctions of virtual property, new companies are entering the market to fill the void, including one allowing gamers to trade game currency directly with one another rather than buying from IGE or other exchanges. The company, Sparter, says this eBay-like "peer-to-peer" approach will result in lower prices as sellers compete. It incorporates a reputation system and escrow for gold delivery. Sparter received venture funding from Bessemer Capital, signaling that VCs still see opportunity in the virtual economy, even if eBay doesn't."

playerauctions.com

[CrazyJim1]

Playerauctions.com was born when ebay started banning people for selling stuff, and now it should be even stronger. Nuff said.

Re:other sites

[rpgSE]

PlayerAuctions is owned by IGE and it is always broken. They do not want to fix the site it seems. There are tons of other sites out there that allow players to buy and sell, some all trading of in game gold for game cards so you can keep playing http://www.mmoexchange.com/ [mmoexchange.com] while others just track all the prices http://www.rpgse.com/ [rpgse.com] Either way eBay needs to look into changing their policies and paypal needs to help protect their customers from the infinate scammers out there dealing with virtual coin.