Achim Birkner is a Junior Lecturer and PhD student at the Otto-von-Guericke-University Magdeburg, Germany. His academic focus lies on the intersection of digital technology and education/educational research.
Lootboxes and Micro Payments as unbeatable revenue makers.
Is it all a gamble that needs to be sanctioned or are Lootboxes simply the new Panini Cards?
Lecture, Saturday, 20th October, 15:30 – 16:00
The goals of the presentation are: to firstly distinguish loot boxes against micro transactions; secondly to give a detailed look into the revenue generated from loot boxes and micro transactions; thirdly to relate loot boxes to older phenomena of youth culture like the Panini collectible stickers or other collectible cards; and lastly, coming from the conclusions drawn in the earlier chapters, a final conclusion is drawn that tries to find a balance between an unregulated free market catering to the interests of youth on the one hand and gambling and addictive tendencies on the other that made it necessary to regulate these things.