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Free to play (often referred to by the pseudo-acronym "F2P") is term that usually means a game does not charge a subscription fee, but can mean many other things as well.
Generally with free to play MMOs there are people who play it for free, and those who pay a subscription fee on top of this. The subscription fee will usually grant players many small advantages, such as movement speed increase, leveling increase, more gold acquired and such. There is a fine line between "free to play", and "pay to win", and it is easy for "free to play" games to slip into this.
Many people are thinking about whether World of Warcraft will go free to play or not, as this seems to be where the MMO market is heading right now. Many people have announced they will cancel their subscription if this goes ahead, and others have stated they will come back to WoW if it becomes free to play. The Introduction of a cash shop has been received with strongly mixed opinions.
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