Player Pays $330k (US) for Space Station in Project Entropia Universe

In summary: Dean Takahashi at GamesBeat reports that an entire space station in Planet Calypso of the Project Entropia Universe.This is a big deal for several reasons. First, it’s a lot of [...]
  • #1
19,412
9,961
So this post is sort of old news, but I wanted to point it out because there is a serious amount of money changing hands. *Dean Takahashi at GamesBeat reports that an entire space station in Planet Calypso of the Project Entropia Universe. *This is a big deal for several reasons. First, it’s a lot of [...]http://stats.wordpress.com/b.gif?host=virtualnavigator.wordpress.com&blog=11498882&post=12&subd=virtualnavigator&ref=&feed=1

More...
 
Last edited:
Astronomy news on Phys.org
  • #2
This seems like a massive risk because of game competition. Second Life is not like Hong Kong or NYC where there is literally no land left to develop which creates the high prices. Virtual worlds can be a dime a dozen. What happens when Second Life becomes out dated. What happens to that property when "Third Life" enters the arena. Virtual property is a virtual waste.
 
  • #3
That guy that bought an island for $26,000 in World of Warcraft couple of years ago said that it already paid for itself.
 
  • #4
waht said:
That guy that bought an island for $26,000 in World of Warcraft couple of years ago said that it already paid for itself.

How did he generate revenue with it?
 
  • #5
By taxing other people that come to your island and selling virtual real estate.

http://videogames.yahoo.com/events/plugged-in/the-world-s-most-expensive-island-online/1389891

While Storey's example is extreme, buying and selling virtual goods in videogames and virtual worlds is becoming mainstream. The virtual goods market in the U.S. is estimated to reach $1.6 billion this year, up from $1 billion in 2009, according to research firm Inside Networks. And the U.S. is just a part of the worldwide market, which some experts put as high as $10 billion; countries like China and Korea are major players.
 
  • #6
There is a lot of money flooding into virtual worlds. Sure, there is no such thing as a long term investment in real estate, but that does not stop the possibility for HUGE profits.
 

1. What is Project Entropia Universe?

Project Entropia Universe is a massively multiplayer online game developed by MindArk. It is set in a virtual universe where players can interact with each other and engage in various activities such as hunting, mining, crafting, and trading.

2. How does the space station ownership system work in Project Entropia Universe?

In Project Entropia Universe, players can purchase virtual space stations using real money. These space stations can then generate a steady stream of in-game currency for the owner, based on the activities of other players who visit the station.

3. How much did the player pay for the space station in question?

The player paid $330,000 (US) for the space station in Project Entropia Universe. This is the highest amount ever paid for a virtual item in a video game.

4. Can players make a profit from owning a space station in Project Entropia Universe?

Yes, players can make a profit from owning a space station in Project Entropia Universe. The virtual space stations have the potential to generate a significant amount of in-game currency, which can then be converted into real money.

5. Are there any risks involved in owning a space station in Project Entropia Universe?

As with any investment, there are always risks involved. The value and profitability of a virtual space station in Project Entropia Universe can fluctuate depending on the game's economy and player activity. Additionally, there is no guarantee that the game will remain popular and profitable in the long term.

Similar threads

  • General Discussion
Replies
4
Views
4K
Replies
8
Views
5K
  • General Discussion
Replies
4
Views
4K
  • General Discussion
Replies
4
Views
4K
  • General Discussion
Replies
7
Views
5K
Replies
9
Views
5K
Replies
18
Views
6K
  • General Discussion
Replies
4
Views
4K
Replies
4
Views
3K
  • General Discussion
Replies
2
Views
5K
Back
Top