(business) Gamer Buys $26,500 Virtual Land (from ATSNN)

Virtual real estate, what an idea! How does one so about becoming an online virtual realtor? Hey, this may be the next dimension in time share sales, resort property, and even the purchase of your own your own island, as follows-




This does open a new realm in the gaming world, and could quite possibly create a new business, the sale of virtual real estate.

Yeah,thats known as a no-life idiot ..... Jesus, 20k going down the drain like that?

That "no-life idiot" spent money on something he enjoys. We cannot criticize him for that. Look at us, we spend something that is priceless when we come to ATS: time. Some would tell us that this is a waste of it, but we spend time here because enjoy ourselves. We enjoy the company of others. Our community. Just as he enjoys his virtual community.

Believe me, if the game were worth it, I would spend $20,000. on a virtual island.

[edit on 19-12-2004 by Mephorium]

This is nothing new, personaly i have sold my Diablo II acount to people for like $100, and stuff like that, its just a game, what you should be asking is are people going to start to play these games like mad and sell stuff to make money.

TKainZero, have you gone to the BBC link? Just as you said items and other things can be sold for real money within the game. And Deathifer can actually charge people a tax who want to build a home or mine for gold on his land, essentially making money off of his investment.

[edit on 19-12-2004 by Mephorium]

i thought all thie imprtant info was right there, now reading the whole thing, i am intreged, i knid of want to play this game, the prospect of earning money, nahh, this is sick, there are going to be people that are always on this, it will become there lifes, as it has for this guy it seems. This is sick.

I have been reading up on this. It seems he had already generated the money in PED's (Project Entropia Dollars). So I don't think he spent anything at all. Though, after reading the EULA, I wouldn't spend my own money on this game. It seems they reserve the right to terminate ones account, which probably means losing ones money as well.

Here's the press release from the game's site itself as well as some info on the mmorpg if anyone is interested.

www.project-entropia.com...

I do play this game but not religiously .. while it is fun to play and it is free, it takes a very long and tedious trip to make it big unless you decide to deposit money into the game.

I'm not familiar with this particular game, but I can see virtual places being sold someday just like domain names are today.

Free , thats cool, my lil bro can play these things for days at a time, ill get him going, then instant cash, ahahahahahah

Originally posted by zensunni
Here's the press release from the game's site itself as well as some info on the mmorpg if anyone is interested.

www.project-entropia.com...

I do play this game but not religiously .. while it is fun to play and it is free, it takes a very long and tedious trip to make it big unless you decide to deposit money into the game.

Free? Win money? Tedious!?!

Hrm, sounds like WarOfConquest on which I have plundered away thousands of hours in order to win tens of dollars.

Do I dare download another?

Could probably operate both clients simultaneously. Hrm.

I'm in.

Contact me zensunni if you're ever going to be in ATS chat and want to divulge PE tips. I'll get ya hooked on WoC for your trouble.

This isn't that strange for on-line gaming.

I know people that invest hundreds routinely to do a "run" on WoC. Some have won thousands. Most though put it right back in the game like this guy did.

It's like a casino. You can win, but can you walk away?

i am havong problems installing this game, i want to see what it is all about, if anyone else downloads it tell me if it works

Originally posted by RANT
Free? Win money? Tedious!?!

Hrm, sounds like WarOfConquest on which I have plundered away thousands of hours in order to win tens of dollars.

I always wondered where you developed your economic viewpoints from, now I know... I see your virtual success mirrors the reality of the tax and spend liberal, nothing like validation... Irrespective of source.

Virtual Monkeys, not just for wiling away time anymore�

I'm downloading it right now. It sounds like a fun game to play and it's free. Spending thousands of dollars on a game that's not something I'd do but it is that guys money.

[edit on 20-12-2004 by cpr12r]

This is cool, quite a few online analysts have said this will be a fairly sound investment. Remember its people who put value on objects wether they are virtual or physical. In Diablo 2, I found a Grandfather sword and I managed to sell it for 300 bucks. It wasn't even all that good, it was just extremely rare. It's alot like trading sports cards to tell you the truth. Right now I'm playing World of Warcraft and right now the exchange rate for 1 gold is around 5-6 bucks American(1 gold = 100 silver = 10,000 copper) Allthough Blizzard is taking a hardline against people who sell ingame items because they don't want the economies to over-inflate, they have already banned 200 accounts for doing this as its against the EULA. However this isn't gonna stop them, WoW is gonna be very popular maybe even more popular the Lineage 2. How are they gonna police potential millions of people(ok right now its around 250,000 people but its growing fast).

Originally posted by sardion2000
How are they gonna police potential millions of people(ok right now its around 250,000 people but its growing fast).

Is it thqat already yesterday iut was under 200k!

What does this whole concept say about western society? I mean, everquest was recently ranked the 77th richest country on the planet (obviously by including these types of games), and it doesn't even exist, and the estimate earnings of a player on the biggest of these games is �1200 per annum; more than the average Bulgarian earns in a year.

What does that say about us?

Are we really the collective equivalent of the scary reclusive guy at the end of the road that sellotapes newspapers to his window and leaves a �2 million will made up entirely of coppers?

If this is any indication of the future it seems the eradication of worldwide social reality is a winner in the entertainment stakes.

i have no problem with this, this is what makes this guy happy, he probley has a vitrural wife and stuff too, just be happy you dont have to meet the real him.

Yeah. Happy.

Let's all make ourselfs virtually happy, who's gonna give a crap about reality when you can be virtually happy?