Virtual goods

Virtual goods are non-physical objects and money purchased for use in online communities or online games. Digital goods, on the other hand, may be a broader category including digital books, music, and movies.^[1] Virtual goods are intangible by definition.^[2]

Including digital gifts^[3] and digital clothing for avatars,^[4] virtual goods may be classified as services instead of goods^[2] and are usually sold by companies that operate social networking services, community sites, or online games.^[2] Sales of virtual goods are sometimes referred to as microtransactions,^[5] and the games that use this model are usually referred to as freemium games.