A virtual economy refers to an economic system that exists within digital environments, where users can buy, sell, and trade virtual goods and services. This economy often operates in online games, social media platforms, and virtual worlds, allowing participants to use digital currencies or tokens to facilitate transactions. In a virtual economy, items like virtual currencies, skins, or in-game assets can hold real-world value, enabling users to exchange them for actual money. The rise of blockchain technology and non-fungible tokens (NFTs) has further expanded the possibilities of virtual economies, creating new opportunities for creators and consumers alike.