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Virtual Property Investor Recoups Investment

afaik_ianal writes "Remember that guy who bought a virtual island in "Project Entropia" for £13,700? Well BBC is reporting that that he has managed to make his money back in under a year. According to the article, 'He made money by selling land to build virtual homes as well as taxing other gamers to hunt or mine on the island.'"

2 of 208 comments (clear)

  1. Developer's Giddy by cbrhea · · Score: 4, Interesting

    Now they can create another virtual island that's even sweeter and sell it for even more money.

    copy virtual_island1 virtual_island2
    print money

    Not a bad deal for the island-buyer either, as long as they've determined the risks, ie. the game's subscriber base withering away.

  2. Re:Virtual Property -- Supply and Demand by joecode · · Score: 5, Interesting

    Not so. The domain name space is stricly limited. But there is an unlimited supply of virtual reality. Therefore: It's just a pyramid scheme in disguise.