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Entrepreneur Makes Millions Selling Virtual Land

Posted by Soulskill on from the expensive-patterns-of-electrons dept.

kkleiner writes "How much would you pay for a piece of imaginary real estate? Anshe Chung has made millions renting it. Today, Anshe Chung Studios has 80+ employees managing thousands of rental properties, helping design new 3D virtual chat rooms, and making tons of money on virtual to real currency exchanges. Anshe was the first person whose virtual property exceeded a real world value of 1 million dollars, and Anshe Chung Studios is perhaps the single largest third party developer of virtual property ever."

4 of 142 comments (clear)

  1. Buy virtual realestate with bitcoin now! by kotku · · Score: 5, Funny

    Do two scams cancel each other out?

    --
    The bikini - security through obscurity since 1943
  2. This is the best second life thing ever. by AnotherShep · · Score: 4, Funny

    http://www.youtube.com/watch?v=RedLyae4b2s&t=28

  3. Re:Imaginary space for empty minds by Anonymous Coward · · Score: 5, Funny

    When you're older, you'll call it a paradigm.

  4. Re:Call now and SAVE on Virtually Nothing! by Hognoxious · · Score: 5, Funny

    Throwing some paint in front of a fan at a canvas is unlikely to create anything unexpected, but if the name of the artist is right, people will pay millions for it.

    You're talking absolute Pollocks.

    --
    Confucius say, "Find worm in apple - bad. Find half a worm - worse."