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Old 11-16-2010, 03:39 PM
 
713 posts, read 3,438,265 times
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In Largest Virtual Transaction Ever, Real Sale of Pretend Nightclub Nets Half a Million Dollars | Popular Science

Quote:
The real-life housing market might be in the dumps, but a Hollywood real estate mogul is making a killing in the virtual world. Jon Jacobs, aka “Neverdie” in the massively multiplayer Entropia Universe, just sold a virtual nightclub for the actual price of $635,000.
If you had $635K in your pocket would you buy a nightclub in a video game? Yet the guy will make back all that money and more in a few years. I tried that game and every item in the game cost real money but any money you make in the game can be put in your real bank account.

Quote:
Jacobs was making around $200,000 in actual cash every year from players purchasing virtual goods and services, Forbes explains.
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Old 11-17-2010, 06:11 AM
 
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Damn i thought i made out good when i sold my WOW account for 600 bucks. Ive never even heard of entropia!
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Old 11-18-2010, 09:51 AM
 
24,488 posts, read 41,134,517 times
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Did he make out well?
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Old 11-18-2010, 12:53 PM
 
713 posts, read 3,438,265 times
Reputation: 550
The guy who sold it bought it for 100K back in 2005 and was making 200K a year on average on it. Not only that but now that same guy who sold it just bought a planet in the game for 6 Million O.o
Quote:
Jacobs raised $6 million in funding for Rocktropia and is looking to raise a second round soon.
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Old 11-22-2010, 08:48 AM
 
7,372 posts, read 14,677,220 times
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What kind of game is this? I mean I assume we are talking about real money? I cant check the link here from work. But who would spend that much money on a real game?
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