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View Full Version : Some Guy Buys Virtual Land for $26,500


JDex
12-17-2004, 07:32 PM
Any one up for making a MMORPG with me and selling some V-Estate to a world of suckas? It's a land rush I tell ya. :D

1001 JediNights
12-17-2004, 08:53 PM
This is sad. I can see him making a living playing that game. What a life.

I want to be paid to play videogames. I just won't invest money to do it.

This kind of reminds me of a television show, I forget what show I saw it on (it was a cartoon) they make alien contact with an advanced civilization, but the aliens are stupid as can be. They do nothing but watch t.v. and drink beer. They had robots that do everything for them, so there was no need for an education; they just sat around, drank and watch television. Keep up trends like this and we could end up like that!

[edit] Why did my post appear above the topic starter?

KevinKraeer
12-18-2004, 01:15 AM
http://news.bbc.co.uk/2/hi/technology/4104731.stm

This guy spent $26,500 for an island in the MMORPG 'Project Entropia'.

charleyc
12-18-2004, 01:25 AM
This is weird. I am not sure how I feel about this. Think about it...skip ahead several to 10 years...kids (or anyone for that matter) playing games can stay home from school, stay online all day/night, never leaving thier home, and make a better living then some low income people!?!?! A self inflicted Matrix movie. Somehow I really really hope the world doesn't come to that.

KevinKraeer
12-18-2004, 01:29 AM
I hear ya dude.

There was a caption under that one picture, it said

"Would you pay money for this virtual vista?"

No. No, I wouldn't.

leigh
12-18-2004, 01:29 AM
I must admit I think this is pretty ludicrous.

eks
12-18-2004, 02:15 AM
..........:eek:

KevinKraeer
12-18-2004, 06:34 AM
$26,500 folks.

Virtual land.

EpShot
12-18-2004, 09:13 AM
i'm guessing he's already made a fair bit of money in that game. I've heard of several people doing it. and considering the game has been around fro a while, and will inevitably draw more people. i wouldn't be surprised if he made a bit more money.

when i worked at EA, one guy in tech support sold his Ultima castle and land for a couple thousand (no i'm not kidding i remember the ebay auction)

so this isn't even the first time this has happened, though its probably the largest amount exchanged.

dmonk
12-18-2004, 11:59 AM
WTF

What a waste, but I guess people have spent money on worst.

FlyByNight
12-18-2004, 12:09 PM
u guys are all giving the standard scared knee jerk reaction. this is an excellent money making idea. this guy will get loads of money from this. it actually sounds like an excellent investment. everybody will be buying land off of this guy, while at the same time, paying all sorts of taxes.

the guys gona get his initial investment back ten fold. ' WHAT AN IDIOT?? ' :rolleyes:

FlyByNight
12-18-2004, 12:12 PM
o yea, and y are u all moaning that it will make people stay in all day at their computers?? you guys do it, I do it, WE ALL DO IT!!


thats how we found out about cgtalk, and why we have the bloomin time to comment on irrlelevant news topics.

come off ur high horse people

embodiedform
12-18-2004, 03:38 PM
Thats pretty rediculous- there needs to be a happy medium between spending time outside in the real environment and virtual ones-

DigitalNeutrinos
12-18-2004, 04:17 PM
u guys are all giving the standard scared knee jerk reaction. this is an excellent money making idea. this guy will get loads of money from this. it actually sounds like an excellent investment. everybody will be buying land off of this guy, while at the same time, paying all sorts of taxes.

the guys gona get his initial investment back ten fold. ' WHAT AN IDIOT?? ' :rolleyes:
I agree , at least its not like a drug habbit or buying a soul on ebay for sale.

titaniumdave
12-18-2004, 04:24 PM
I wish I had that much extra money to piss away. I think its time to create some virtual land of my own to sell. :thumbsup:

1001 JediNights
12-18-2004, 04:28 PM
I say we all get together and create our own MMORPG so we can sell virtual real estate. Oh, and this particular game should require the players to buy food, clothing etc. to make it more realistic. (and increase profits) :thumbsup:

Who's in?

JA-forreal
12-18-2004, 08:12 PM
Hum, businesses buy trucks to deliver their goods, equipment to make goods and provide services. Why can't a 3d land model structure project be bought and sold like any other commodity? In essence if you take a team of artist to produce the same thing for your CG company you are buying the skills of that said team for the duration of the 3d production work. Business is business no matter how it's dished out. Things are brought and sold to customers on many levels from just about any item that a person can develop.

A person could own a collection of music cd's, clothing, software or videos, etc. that could total $26,000. That's what most folks do with their money, spend it they way that they want to spend it.

As a graphics media person the goal is to get people to buy items from you that are made with ink, polygons and pixels in great volumes. This news only goes to show that a media company is having success on their end in a big way.

The trick is as a media developer knowing how to make more media content products with less effort and cost on your end while making a lot of profit on the buying end. I would say that computers help in this area in a grand way. This thread gives a rather nice outlook for media developers all around. It's a "what the market will bear" kinda thing, perspective.

arquebus
12-19-2004, 09:45 PM
What none of you people are aware of is that the money used in Project Entropia is equal to real money. Ten PED (Project Entropia Dollar) = One USD. Project Entropia is a totally free game, free to download and no monthly payments. The game developers make money because people voluntarily buy equipment to hunt, mine and fight. Its possible to make all your money back and even earn money by your successes in hunting, mining and fighting. The reason that island was auctioned off at such a high price is because it a very important part of the game economy. Who ever bought that island may just have the last laugh when he actually does make real profit from it.

JDex
12-19-2004, 09:50 PM
Better watch out... every country on the planet is about to try and start collecting property taxes on virtual real estate... :p

Gentle Fury
12-19-2004, 09:59 PM
What none of you people are aware of is that the money used in Project Entropia is equal to real money. Ten PED (Project Entropia Dollar) = One USD. Project Entropia is a totally free game, free to download and no monthly payments. The game developers make money because people voluntarily buy equipment to hunt, mine and fight. Its possible to make all your money back and even earn money by your successes in hunting, mining and fighting. The reason that island was auctioned off at such a high price is because it a very important part of the game economy. Who ever bought that island may just have the last laugh when he actually does make real profit from it.
You beat me to it. Had you all read the whole article you will see that it says he can now tax residents on his island and sell them land to build house. Also, he didn't just pay 22 large out of pocket. He started with an initial investment, then through playing the game (and there are so many MMORPG fanatics out there that do this) he actually earned the money to buy the island.

This is an interesting concept for a game, it's kinda like the online casinos meets everquest. You are investing your own money into playing it, but you have oppurtunities to make it back. This just happened to be the case of one die-hard, non-girlfriend having, pasty white gamer (named Deathifier no less.....lol) that figured out a way to actually profit from not having a life!

Way to go Deathifier!!! Or should I say, President Deathifier.......err maybe King Deathifier!

Ordibble-Plop
12-19-2004, 10:25 PM
Sounds ripe for plunder.

Roll on the hackers, gangsters and launderers all.

And I wonder what the tax department has to say about it, the real one that is.

It truly is a brave new world :rolleyes:

pnoland
12-19-2004, 11:44 PM
Yeesh, some people have waaaaay too much time and money on their hands. :eek:

Ollarin
12-20-2004, 12:35 AM
Damn...I wish i had that kind of money to throw around. :|

What next? Virtual marriages/kids? :/

EpShot
12-20-2004, 12:54 AM
Damn...I wish i had that kind of money to throw around. :|

What next? Virtual marriages/kids? :/
i think virtual marriages started with Ultima online, but i could be wrong ;)

peanuckle
12-20-2004, 12:55 AM
I remember reading in a gaming magazine a few years ago about the actual conversion rate between US dollars and Gaming Dollars. There were people on ebay selling suits of armor for everquest and people were actually buying them. This doesnt surprise me at all. Really stupid though...


Tanner

4SweetB
12-20-2004, 05:40 AM
I say we all get together and create our own MMORPG so we can sell virtual real estate. Oh, and this particular game should require the players to buy food, clothing etc. to make it more realistic. (and increase profits) :thumbsup:

Who's in?

It sounds too good to be true, lol.

We just have to work out a few little details.... like, what happens if the player's character dies in the game? This person who just paid us $26,500 for land might not be too happy with us, lol! I guess we have to figure out how to implement virtual inheritances.....

Deathcricket
12-20-2004, 08:52 PM
I find this really interesting. If you do an ebay search for any MMO game on the market you can find several people selling gold and awesome items. But this game seems to have taken it to a new level. But I found this pretty interesting, looks to be on the official site.

https://www.project-entropia.com/Content.ajp?id=1346

and I'll just quote this part to make my point.

""Income from the sale of land lots. Five lots per month will be available for sale under the duration of one year. These 60 lots alone have an estimated market value of 300 000 PED.""

So he pays 260,000 ingame money (which he already has) and owns this isle. Then he will make a nice return on investment, owns the hunting and mining rites for the isle, and god knows what else (I don't play this game but am sure there is other ways to draw income off it)? Seems like a good deal to me! Frankly I'm impressed.

Mister_Ninja
12-21-2004, 01:35 AM
the project entropia seems to be doing pretty well. But this is the first of its kind. It will be interesting to see what the first real competitor this gameing field will come up with.

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