• Monetization:

  • Game sales: 

    • Minecraft does not require any subscription to play after a one time cost of roughly $30

• • Marketplace:

the game offers a variety of purchases in its marketplace   consisting of skins, maps etc. using minecoins which are bought using real money

• • Subscription: 

    • access to realms:  you have to pay monthly to host private servers 

    • consists of two tiers: 

      1. basic 

      2. plus

  • Virtual Economy:

    • Emeralds are the main currency for trading in village

    • Resources(diamond, netherite) have value based on their rarity and usefulness

    • In multiplayer servers, players can trade items like enchanted gear and mending books

  • Virtual Finance:

    • Deferred Consumption: Saving resources like diamonds provides better security, flexibility and bigger upgrades later in the game

    • Investing: Building automatic farms in the game, is just like investing as it provides passive income(resources) over time

    • Risk Management: You may choose to enter the nether at your own risk of losing your existing resources but with the promise of better loot

    • Budgeting: Choosing how much iron to distribute among building tools vs armor