Designing a multiplayer game with a “digital land economy” can lead to a crisis similar to real-world housing crises. Games with virtual land assets often suffer from land shortages, leading to speculation and unequal access for players. The implementation of a Land Value Tax (LVT) in virtual worlds can help combat harmful speculation and redistribute land for productive use. The paper offers a practical guide to implementing LVT in games, drawing on the Georgist economic theory. Game designers have the power to shape virtual economies but must consider the unique constraints and challenges of the digital world. By implementing LVT, games can avoid the pitfalls of land speculation and create a more equitable gaming experience.
https://progressandpoverty.substack.com/p/land-value-tax-in-online-games-and