Wednesday, November 10, 2010

Global 2010: Gamer makes a cool half-million by selling virtual property

asteroid 1Image via Wikipedia
Think the rent is, in fact, too damn high? Then stay as far away from online world Entropia Universe as possible, because its real estate prices will drive you insane.

Take, for instance, what just went down on Planet Calypso, where one of Entropia's wealthier players has sold off his interests in a "resort asteroid" for an eye-popping $635,000.

The seller is Jon Jacobs, also known as the character 'Neverdie'. He originally purchased the asteroid in 2005 -- eventually converting it into the extravagant resort 'Club Neverdie' -- for the then-record price of $100,000. For those keeping score, that's a gain of over $500,000 in just five years. In nerdier terms, that's an ROI of 535%. Match that, Citibank.

Though its exorbitant real estate transactions have earned it headlines, Entropia is otherwise similiar in form and function to massively-multiplayer games like World of Warcraft. Set in a sci-fi future, the game casts players as colonists who must fight creatures, collect and trade precious materials, and explore planets. Currently, Entropia is experiencing a 'Harbinger Event' whose outcome will be dictated entirely by its players.


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