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

Sometimes you have to ask why?

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.

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"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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Kevin Parrish
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Kevin Parrish has over a decade of experience as a writer, editor, and product tester. His work focused on computer hardware, networking equipment, smartphones, tablets, gaming consoles, and other internet-connected devices. His work has appeared in Tom's Hardware, Tom's Guide, Maximum PC, Digital Trends, Android Authority, How-To Geek, Lifewire, and others.