Entropia Universe players invested the equivalent of $500,000 to own a space station

    
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Virtual world MMO Entropia Universe is no stranger to bizarre news stories. We’ve covered investors divvying up the moon, selling unique weapons for over $50K, and even invisible clothing worth more than my entire real-life closet. Today, however, we’re covering the Crystal Palace.

MMO readers will recall that at the tail end of last year, Mindark announced that it would be selling 500,000 shares of the massive Crystal Palace in-game location, allowing shareholders to accrue a cut of the loot players collect there, and then cash out.

Crystal Palace is back in the news today as Mindark’s amended that to note all the shares sold – in just two days.

“Earlier this month, Crystal Palace Space Station, the first company to be listed on the market, saw all of its shares claimed in less than 48 hours, marking the first time in the game’s 16-year history that shares in a privately-held estate were offered to the entire playerbase of Entropia Universe. On May 2, all 500,000 available shares of the iconic Crystal Palace Space Station were snatched up within a two-day period. Each share was offered at a price of 10 Project Entropia Dollars (PED), (equivalent to $1 USD) each via the recently implemented Share Center.”

Puts RMT in perspective, doesn’t it?

Source: Press release
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