Monday, November 15, 2010

$500,000 Profit for Sale of Virtual Property

The online world Entropia Universe, already the home of highest initial sale price for a piece of virtual property ($300,000), just had what is probably the most profitable virtual real estate transaction to date.  Jon Jacobs (aka "Neverdie") sold his share in a virtual asteroid for $500,000.  He had already made back his initial $100,000 investment over the past few years by renting out the right to use parts of the asteroid to other players.

Ben Barros

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