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

By - Source: Tom's Hardware US | B 47 comments

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

Sometimes you have to ask why?

First Planet Company said Friday that an Entropia Universe gamer sold his virtual resort for a whopping real-world $635,000 USD. This was the same piece of virtual property orbiting Planet Calypso that landed in the Guinness World Records book in 2008 as the most valuable virtual item ever.

Deemed as the largest Asteroid Space Resort property in Entropia Universe, the resort was originally purchased for an incredibly steep $100,000 USD back in 2005. The previous owner quickly recouped the fee in the property's first eight months in business through mining/hunting rights alone, and was eventually valued to be worth $1 Million USD in 2006. That's right--the gamer's overall fortune was deemed to be worth a million dollars.

"This is the fourth major property opportunity offered on Planet Calypso," the company said. "The first sale for 'Treasure Island' took place in 2004 and sold for $26,500.00 USD. Australian gamer, David 'Deathifier' Storey recouped his full investment on 'Treasure Island' within 12 months and has continued to make a profit.”

The second (and much larger) auction took place in 2005 when American gamer Jon "NEVERDIE" Jacobs purchased the Asteroid Space Resort property sold today for a crazy $100,000 USD. Another big purchase was placed last year by Erik "Buzz Lightyear" Novak who bought popular hunting destination "Crystal Palace" for $330,000 USD.

Entropia Universe--containing the two virtual worlds Planet Calypso and Rocktropia--doesn't require a subscription fee. Instead, the MMOG thrives on in-game microtransactions like the ones mentioned above.

The huge Asteroid Space Resort property sold today was actually broken up into smaller portions and sold off to new investors.

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Top Comments
  • 38 Hide
    tacoslave , November 12, 2010 8:56 PM
    i havent even heard of this game
  • 28 Hide
    triculious , November 12, 2010 9:16 PM
    I don't think $100k+ USD qualifies for "microtransactions" anymore
  • 27 Hide
    dragonfang18 , November 12, 2010 8:52 PM
    I wish I had a disposable income....
Other Comments
  • 22 Hide
    ace741 , November 12, 2010 8:51 PM
    HAHAHAHAHAHA
  • 27 Hide
    dragonfang18 , November 12, 2010 8:52 PM
    I wish I had a disposable income....
  • 38 Hide
    tacoslave , November 12, 2010 8:56 PM
    i havent even heard of this game
  • 25 Hide
    bayouboy , November 12, 2010 9:01 PM
    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.
  • 24 Hide
    restatement3dofted , November 12, 2010 9:11 PM
    I have never heard of this game before, but hot damn - the creators have struck nerd gold with it.
  • 7 Hide
    RazberyBandit , November 12, 2010 9:12 PM
    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.
  • 28 Hide
    triculious , November 12, 2010 9:16 PM
    I don't think $100k+ USD qualifies for "microtransactions" anymore
  • 10 Hide
    cmartin011 , November 12, 2010 9:18 PM
    Wtf you never see me throwing real cash a video game that's what gambling, strip clubs, and real life are for
  • 22 Hide
    restatement3dofted , November 12, 2010 9:26 PM
    triculiousI don't think $100k+ USD qualifies for "microtransactions" anymore


    Dude, no kidding.

    cmartin011Wtf you never see me throwing real cash a video game that's what gambling, strip clubs, and real life are for


    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.
  • 12 Hide
    firedust , November 12, 2010 9:29 PM
    bayouboySeriously, who throws this kind of money at a game? Paying for access rights? Is this a joke? Makes my EvE Online habit look cheap.


    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.
  • 10 Hide
    XZaapryca , November 12, 2010 9:30 PM
    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.
  • 9 Hide
    eklipz330 , November 12, 2010 9:31 PM
    all you guys are laughing... but im thinking i should start playing this game
  • 4 Hide
    STravis , November 12, 2010 9:36 PM
    That's just some funny stuff - imagine paying that kind of money that can disappear with a power failure.
  • 12 Hide
    megahustler , November 12, 2010 9:36 PM
    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!
  • -5 Hide
    STravis , November 12, 2010 9:37 PM
    XZaaprycaWoW 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.


    Yeah but think of all the 'fancy' dates that come of scratch will buy you.
  • -5 Hide
    nebun , November 12, 2010 9:42 PM
    lol...i guess games are good for something
  • 4 Hide
    distanted , November 12, 2010 9:57 PM
    I got a virtual bridge I'd like to sell these guys....
  • 2 Hide
    bustapr , November 12, 2010 10:08 PM
    For that much you can make an better game, and insert this thing too...
  • 4 Hide
    borisof007 , November 12, 2010 10:13 PM
    XZaaprycaWoW seems "hobo" by comparison.

    Quoted for truth man.

    Holy virtual property batman!
  • -7 Hide
    V8VENOM , November 12, 2010 10:27 PM
    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?
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