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''Habbo'' (formerly ''Habbo Hotel'') is an online community aimed at teens and young adults. It is owned and operated by Sulake, a Finnish company. Founded in 2000, Habbo has expanded to nine online communities (or "hotels"), with users from more than 150 countries. Since August 2012, more than 273 million avatars have been registered with an average of 600,000 visitors per month. In the Summer of 2020, Habbo celebrated their 20th birthday with a two month long anniversary campaign and boosted user numbers due to the COVID-19 pandemic. As of October 2020, they have reportedly accumulated 316 million avatars in the game since the game launched in the summer of 2000. The game boasts more than 800,000 monthly active users, reported in January 2021. Users on Habbo can create a character and build and design rooms, chat with other players, take care of virtual pets, create and play games and complete quests. History Habbo stemmed from a 1999 hobby project by creative designer S ...
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Habbo
''Habbo'' (formerly ''Habbo Hotel'') is an online community aimed at teens and young adults. It is owned and operated by Sulake, a Finland, Finnish company. Founded in 2000, Habbo has expanded to nine online communities (or "hotels"), with users from more than 150 countries. Since August 2012, more than 273 million avatars have been registered with an average of 600,000 visitors per month. In the Summer of 2020, Habbo celebrated their 20th birthday with a two month long anniversary campaign and boosted user numbers due to the COVID-19 pandemic. As of October 2020, they have reportedly accumulated 316 million avatars in the game since the game launched in the summer of 2000. The game boasts more than 800,000 monthly active users, reported in January 2021. Users on Habbo can create a character and build and design rooms, chat with other players, take care of virtual pets, create and play games and complete quests. History Habbo stemmed from a 1999 hobby project by creative d ...
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Virtual Currency
Virtual currency, or virtual money, is a digital currency that is largely unregulated and issued and usually controlled by its developers and used and accepted electronically among the members of a specific virtual community. In 2014, the European Banking Authority defined virtual currency as "a digital representation of value that is neither issued by a central bank or a public authority, nor necessarily attached to a fiat currency, but is accepted by natural or legal persons as a means of payment and can be transferred, stored or traded electronically." A digital currency issued by a central bank is referred to as a central bank digital currency. Definitions In 2012, the European Central Bank (ECB) defined virtual currency as "a type of unregulated, digital money, which is issued and usually controlled by its developers, and used and accepted among the members of a specific virtual community". In 2013, US Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treas ...
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Christmas
Christmas is an annual festival commemorating Nativity of Jesus, the birth of Jesus, Jesus Christ, observed primarily on December 25 as a religious and cultural celebration among billions of people Observance of Christmas by country, around the world. A Calendar of saints, feast central to the Christian liturgical year, it is preceded by the season of Advent or the Nativity Fast and initiates the season of Christmastide, which historically in the West lasts Twelve Days of Christmas, twelve days and culminates on Twelfth Night (holiday), Twelfth Night. Christmas Day is a public holiday in List of holidays by country, many countries, is celebrated religiously by a majority of Christians, as well as Christian culture, culturally by many non-Christians, and forms an integral part of the Christmas and holiday season, holiday season organized around it. The traditional Christmas narrative recounted in the New Testament, known as the Nativity of Jesus, says that Jesus was born in Bet ...
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Sulake Corporation OY
Sulake Oy () is a Finnish video game company primary known for the creation and development of ''Habbo'' and ''Hotel Hideaway'' games. History In its early days, Sulake developed and experimented with an open source Java based GNU called FUSE Light, an alternative to Macromedia's Shockwave. The key difference between the two technologies was that FUSE Light was designed to run on any operating system, while Shockwave was limited to just macOS and Microsoft Windows. This technology was first demonstrated on Sulake's Mobiles Disco, but it soon came to use on the beta versions of ''Habbo''. In March 2011, Sulake reported that revenue was up more than 20 percent over 2009, resulting in sales of €56.2 million ($78.7 million). Sulake's EBITDA in 2010 totaled €5.4 million ($7.6 million, 9.5 percent of revenue) and thus significantly improved from the previous year (€0.6 or $0.8 million). Net profit was €1.6 million ($2.3 million). Sulake has also been playing an active ro ...
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