Virtual Goods are a Major Source of Revenue for Social Game Developers

Developing games for social networks isn’t at all shocking in this day and age. Companies both big and small make thousands of applications and games year with a fair amount of these games and apps sharing the common goal of making money. Eric Eldon of VentureBeat recently posted details on how quickly virtual goods are becoming a serious income stream for both small self-funded teams and large companies building social games. Eldon writes,