That's a long descriptor phrase to cover the following:
- it's a simulator (economic)
- it's a game
- it's a real economy
- (it deals with virtual and real economy)
- I'm calling it an environment because when virtual and reality mix it's not JUST a game anymore
At the Market Glory website, Market Glory is described simply as: "an economical, political, social and military simulator where you can convert your virtual currency into real money."
I prefer "environment" because I think the part about "virtual currency into real money" is a draw for cheaters and join-withdraw-and-runners.
I doubt people will actually be able to join, withdraw and run with the money because the game (environment!!!) is very challenging and it requires a great deal of thinking, patience, and strategy to do well in the Market Glory environment.