Some facts about Entropia Universe, formerly Project Entropia
Each item ingame has a unique ID to prevent duplication.
Items ingame sell for thousands of dollars.
The best gun ingame 8-9k USD.
The best medical kit ingame 13-15k dollars.
There are item tracking sites that track values of items like stocks like
www.mytwopecs.com
You can own real estate, and tax other players for using it for hunting or mining.
Recently three estates sold for 10-20,000 dollars each. You can make between 10-100 dollars a day if not more on these lands.
Your virtual items are not owned by the avatars. You basically just have the right to use them. Everything is owned by the company and they retain the right to close your account for any reason at any time.
Virtual Theft is a problem in game where trust and defrauded scams have led to many people loosing 3,000-8,000 dollars if not more. There also have been hacked accounts where user's accounts have been emptied of many thousands of dollars worth of items.
If anyone does the math I think it was a good buy, I was interested in looking into purchasing it but I expected the auction to go on for 1 month before someone was crazy enough to pay the buyout. Three days didn't even give enough time to make up a business plan.
I explained it to my friends like this(who probably still think I'm crazy): The apartments on the main planet sell for 25,35,45 dollars for small, medium, and large. If all 1000 sell for at least 25, that's 25,000 USD back right there. Apartments also require 1 dollar a month rent on the main planet so ify he gets rent from these also, 1 dollar a month, that's 1000 a month for all. 12,000 a year: 37,000 USD total so far. I don't think he can sell the 10 hunting areas but currently on the main planet they've been selling around 4,000 dollars, so 10x4000 peds= 40,000USD, totalling 77,000 USD. I also think he will be able to sell advertising and I just made this figure up but maybe 1000 USD a month=12,000 a year... 89,000 USD total market worth theoretically. There's also taxes which I can say from owning taxable land can produce at a moderate sum of 6-8 dollars a day and that's a small area not hunted on much. His would probably make more. Also he can host special events that he may be able to charge admission.
The only thing I didn't like was how people couldn't visit it before it was sold!
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Some facts about Entropia Universe, formerly Project Entropia Each item ingame has a unique ID to prevent duplication. Items ingame sell for thousands of dollars. The best gun ingame 8-9k USD. The best medical kit ingame 13-15k dollars. There are item tracking sites that track values of items like stocks like www.mytwopecs.com You can own real estate, and tax other players for using it for hunting or mining. Recently three estates sold for 10-20,000 dollars each. You can make between 10-100 dollars a day if not more on these lands. Your virtual items are not owned by the avatars. You basically just have the right to use them. Everything is owned by the company and they retain the right to close your account for any reason at any time. Virtual Theft is a problem in game where trust and defrauded scams have led to many people loosing 3,000-8,000 dollars if not more. There also have been hacked accounts where user's accounts have been emptied of many thousands of dollars worth of items.
If anyone does the math I think it was a good buy, I was interested in looking into purchasing it but I expected the auction to go on for 1 month before someone was crazy enough to pay the buyout. Three days didn't even give enough time to make up a business plan.
I explained it to my friends like this(who probably still think I'm crazy):
The apartments on the main planet sell for 25,35,45 dollars for small, medium, and large. If all 1000 sell for at least 25, that's 25,000 USD back right there. Apartments also require 1 dollar a month rent on the main planet so ify he gets rent from these also, 1 dollar a month, that's 1000 a month for all. 12,000 a year: 37,000 USD total so far.
I don't think he can sell the 10 hunting areas but currently on the main planet they've been selling around 4,000 dollars, so 10x4000 peds= 40,000USD, totalling 77,000 USD.
I also think he will be able to sell advertising and I just made this figure up but maybe 1000 USD a month=12,000 a year... 89,000 USD total market worth theoretically.
There's also taxes which I can say from owning taxable land can produce at a moderate sum of 6-8 dollars a day and that's a small area not hunted on much. His would probably make more. Also he can host special events that he may be able to charge admission.
The only thing I didn't like was how people couldn't visit it before it was sold!