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The Rise and Relevance of Virtual Goods in the Digital World

With the advent of technology, everything in the world has changed. It has paved the way to various advancements and improvements in our daily transactions in life, including how to exchange goods. Centuries ago, people can avail goods by means of bartering objects. They can also avail of a product or a service by offering something in return – animals, crops, or service. In early 700 BC, coins were invented which served as the universal embodiment of money. Coins were used to purchase goods and services. Fast forward to the…

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