Virtual Game Item Sold for a Cool $635,000 USD

[exfileme]

A virtual resort in Entropia Universe was divided and sold to investors for $635,000 USD.

Virtual Game Item Sold for a Cool $635,000 USD : Read more

 

[ace741]

HAHAHAHAHAHA

 

[dragonfang18]

I wish I had a disposable income....

 

[tacoslave]

i havent even heard of this game

 

[bayouboy]

Seriously, who throws this kind of money at a game? Paying for access rights? Is this a joke? Makes my EvE Online habit look cheap.

 

[restatement3dofted]

I have never heard of this game before, but hot damn - the creators have struck nerd gold with it.

 

[RazberyBandit]

Neverdie... His story was among those included in a show that aired on the Discovery Channel roughly three years ago. It was a damn shame what happened to his wife. I'm glad his investment paid off, though I must admit I'm shocked just how well it has.

 

[triculious]

I don't think $100k+ USD qualifies for "microtransactions" anymore

 

[cmartin011]

Wtf you never see me throwing real cash a video game that's what gambling, strip clubs, and real life are for

 

[restatement3dofted]

[citation][nom]triculious[/nom]I don't think $100k+ USD qualifies for "microtransactions" anymore[/citation]

Dude, no kidding.

[citation][nom]cmartin011[/nom]Wtf you never see me throwing real cash a video game that's what gambling, strip clubs, and real life are for[/citation]

Once you're into the realm of $50k+ investments, I think you ARE talking about "gambling" and "real life" - these people are just choosing to take their financial risks somewhere other than the established financial markets.

 

[firedust]

[citation][nom]bayouboy[/nom]Seriously, who throws this kind of money at a game? Paying for access rights? Is this a joke? Makes my EvE Online habit look cheap.[/citation]

People who turn around and make a profit. Spending 100,000 seems excessive, until you hear how the guy who bought it, turned around and sold the whole thing for 6x its original value.

 

[XZaapryca]

WoW seems "hobo" by comparison. Never heard of this game either. However, a real "resort" would probably cost a heck of a lot more than this. $635K buys half a closet in NYC.

 

[eklipz330]

all you guys are laughing... but im thinking i should start playing this game

 

[STravis]

That's just some funny stuff - imagine paying that kind of money that can disappear with a power failure.

 

[megahustler]

I have some prime virtual land in Florida that I need to unload quickly, at very low prices! Unicorn hunting rights, rainbow mining and earth spirit conjuring opportunities are excellent. Please contact me directly!

 

[STravis]

[citation][nom]XZaapryca[/nom]WoW seems "hobo" by comparison. Never heard of this game either. However, a real "resort" would probably cost a heck of a lot more than this. $635K buys half a closet in NYC.[/citation]

Yeah but think of all the 'fancy' dates that come of scratch will buy you.

 

[nebun]

lol...i guess games are good for something

 

[distanted]

I got a virtual bridge I'd like to sell these guys....

 

[bustapr]

For that much you can make an better game, and insert this thing too...

 

[borisof007]

[citation][nom]XZaapryca[/nom]WoW seems "hobo" by comparison.[/citation]
Quoted for truth man.

Holy virtual property batman!

 

[V8VENOM]

Virtual idiots -- so what happens if a server crashes and there are no working/verified backups?

I'd like to say get a life, but obviously this is THEIR life, kinda sad actaully -- maybe these folks need some mental assistance?

 

[mikem_90]

[citation][nom]triculious[/nom]I don't think $100k+ USD qualifies for "microtransactions" anymore[/citation]

That's the thing, in some of those games they're reaping in a bunch from just the players using the land. Micro transactions add up...

 

[NuclearShadow]

Due to recent developments I have decided to sell part of my comment box.
This space here... --> <-- The bidding starts at 100,000.00 USD.
Just think of the opportunity this virtual comment box space has!
You will be the envy of all your friends and peers.

It's a sca... I mean steal! Bid now!

 

[redwolfexr]

I played it long ago. The main concept is that all of the in-game money is worth real money at a fixed ratio. So you can bankroll as much as you want. The company that runs the game basically sells ammo and repair of in-game items to cover overhead.

If your "drops" are worth more than the ammo to someone else then you "profit". Not really that different than the Asian CS games -- except the developer just handles the framework instead of actual sales.

You still have to skill your character up no matter how much $$ you equip with. Gear way over skill wears down faster.

 

[tsnor]

A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, ...