EWOT: MLG and the Middle Man (November 8th, 2011)

MLG is an abbreviation for Major League Gaming, (yes I know, "very geeky"). Aside from the obvious, it has become a strong phenomena around the world, most including China, Japan, Korea, and the United States. People all around the world come to play together for a prize pool. MLG in general is a advertisement for people to come and participate in events that would allow sellers, or gaming companies to sponsor for events such as these. MLG and it's location is the middleman throughout all transactions since it brings buyers or gamers with specialized desires or talents for these games and brings them together with sellers. This phenomena as I said before is growing and until today did I realize how well it is for the Economy. This is their job so their amount of labor is actually put into playing a video game that can be mind blowing boring but it will earn them money for winning or even participating in the events. This is a innovation with technology since before there wasn't anything of this sort until MLG got introduced in 2002 by having players play a combat shooting game among one another to see who would come on top as the better fighter. Anyways, I know this was a probably a geeky EWOT but none the less it is a EWOT. I just realized how amazing it is to the economy right now and not a couple of years ago when I participated in one of the events.