November 14, 2005 | |
Man buys virtual space station for US$100,000 | |
Jon Jacobs, a director of independent films who hails from Miami, FL, has purchased a virtual space station from the Swedish software company that owns and operates the Massively Multiplayer Online Roleplaying Game (MMORPG) Project Entropia. This is believed to be the largest single purchase of virtual real estate by an individual.
Project Entropia is somewhat different from most MMORPGs, in that the client is free to download and it does not require a subscription fee to play. Instead, the developers make money by taking a percentage cut whenever players convert real money to the in-game currency, called the Project Entropia Dollar (PED), which is fixed at a rate of 10 PED for 1 USD. | |
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