Microtransactions

Things I Learned Last Night

Space Tim Media

Comedy, Education, History

4.6 • 673 Ratings

🗓️ 8 March 2022

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Video games have long been a joyous escape for many throughout the world. Few other outlets provide people with the same expanse of experiences as that of gaming. However, the profit timelines for game developers have always been a dicey issue. Due to long development time and short sales windows, game developers are often left with many months straight without a profit. Microtransactions were born to combat this reality. If used well, the feature could provide added benefits to both gamers and developers. Unfortunately, they have not been used well, and the effects are beginning to be felt across the industry. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's the cinematic event of the year. Critics say incredible, jaw-dropping, action-packed with savings.
0:06.9	You're talking about Thunderbolts?
0:08.2	No, Serge, is two-for-one cinema tickets from Compaise Market, a wonderful offer.
0:13.0	So?
0:13.7	That you can use to see Marvel Studios Thunderbolts only in cinemas.
0:18.0	Woo-hoo! I'll get the popcorn.
0:19.6	Get two-to-one cinema tickets every Tuesday or Wednesday with compare the market.
0:23.4	Simples!
0:24.1	When you take out a qualifying product, we compare the market.
0:26.3	One membership per year, participating cinemas, two standard tickets only cheap as free.
0:29.3	T's and Cs apply.
0:30.7	What's up?
0:32.2	Have you ever heard of micro-transactions?
0:35.1	Micro-trans are we doing another Bitcoin-type thing?
0:37.4	No.
0:38.2	Micro transactions?
0:39.3	Yeah.
0:39.7	Is this a money laundering thing?
0:41.1	No.
0:42.7	I'm kind of surprised you don't know what this is.
0:44.2	I do know what it is.
0:45.0	Hold on.
	...

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