The MMORPG Entropia Universe is known for allowing players to invest a lot of real money. Now fans spent half a million dollars on shares of a space station. What do you get for $500,000?
What is Entropia Universe? The science fiction MMORPG has existed since 2003 and serves as a kind of virtual second home for many players.
In Entropia Universe, the main goal is to build a successful life and trade with real money. The money you earn in the MMORPG can even be withdrawn.
The exchange of in-game currency for real money works both ways.
An MMORPG focused on real money trading
What is special about the MMORPG? Entropia Universe has repeatedly made headlines for bizarre stories. In 2015, a player paid nearly 50,000 euros for a single weapon.
The misclick of a player during an auction in the game cost her $10,000.
The MMORPG is full of such stories.
What has happened now? A fan of the online game offered at the beginning of 2019 to sell 500,000 shares of the Crystal Palace space station. Each share is worth one dollar.
What is Crystal Palace? The space station is used among other things for hunting Aurli and Kreltin, which are only found here. Crystal Palace was sold in 2010 for 3,300,000 PED in-game currency to player Buzz Erik Lightyear. This corresponds to $330,000 since 10 PED equals one dollar real money.
Have the shares been sold yet? The developer studio MindArk announced that all 500,000 shares of Crystal Palace have now been sold. As a result, the owner of the station is now $500,000 richer. It took only two days for all the shares to disappear.
Players see the space station as an investment
What do players gain from a purchase? Players are now shareholders of the station and thus participate in the profits generated by the company behind the space station.
The revenue of Crystal Palace in 2018 was 524,261.36 PED, which translates to about $52,426.
Are there more such actions? The developer studio MindArk recently integrated the “Share System” into the MMORPG. The first action was the sale of shares of the Crystal Palace space station. Other companies in the game are already planning to utilize the share system as well.
Entropia Universe turns players into shareholders
How is the action received in the community? Real money trading is a significant and important topic in the Entropia Universe community. Players understand the online game more as a form of investment than as a game.
They are constantly searching for new opportunities to earn money.
This topic is being hotly debated in the official forum. Players like the new way they can earn money.
Mac Farmer writes, for instance, in the official forum: “Good job introducing a new system that allows us to buy shares without entering into overpriced contracts or having to pay trading fees.”
