VEC

From Dreamworld Virtual World

The Virtual Economy Currency

Dreamworld has it's own virtual currency unit named the VEC which stands for VIRTUAL ECONOMY CURRENCY a logical choice and an appropriate name. VEC can be used to buy objects, goods, services, property inside of Dreamworld. It is the medium used to trade and commit financial transactions between avatars.

Dreamworld uses the EURO as standard real world currency to trade between virtual and real money. To guarantee a stable market a solid real world currency is essential, therefore the EURO is the most reliable choice for this purpose.

The scheme below shows in a transparent way the exchange rate between real money and VEC.

VEC	EURO	USD (approximate rate *)
1	0.01	0.012686
5	0.05	0.06343
10	0.1	0.12686
50	0.5	0.6343
100	1	1.2686
500	5	6.343
1000	10	12.686
500	50	63.43
10000	100	126.86
50000	500	634.3
100000	1000	1268.6

(*) Approximate rate for USD conversion is set because this is a very volatile currency with a high fluctuation factor.

More information on virtual money

While at first it might seem strange to exchange real world currency (Dollars $; Pound Sterling £; Euro €) for VEC soon you will find it normal to use virtual money in your virtual life. The best way to look at virtual money is to see it as a tool to buy what you need inside of another world. When you travel in real life you also get confronted with foreign currency, the same applies when you visit Dreamworld. The major point of attention here is that your virtual money does hold a real world value, 100 VEC can be exchanged for 1 EURO. Your VEC balance is not game money, it's real money which has been exchanged into virtual money and can be converted back into real money and get transferred to your real world bank account. Virtual money is a medium used inside of the Dreamworld to buy or sell goods or services and can be exchanged at any point into real world currency and be withdrawn to your financial account or bank.