Gamer makes a cool half-million by selling virtual property

[scpanther22]

:coolgleamA:

Take, for instance, what just went down on Planet Calypso, where one of Entropia's wealthier players has sold off his interests in a "resort asteroid" for an eye-popping $635,000.

The seller is Jon Jacobs, also known as the character 'Neverdie'. He originally purchased the asteroid in 2005 -- eventually converting it into the extravagant resort 'Club Neverdie' -- for the then-record price of $100,000. For those keeping score, that's a gain of over $500,000 in just five years. In nerdier terms, that's an ROI of 535%. Match that, Citibank.

http://blog.games.yahoo.com/blog/160-man-drops-record-setting-335-000-on-virtual-game-property

[Hawk]

for a fricken video game property?

holy hell, people need to get a life!

[Jbro]

Is Planet Calyspo the name of the game?

[charlotte49er]

Was that real money or Cyber money. I would imagine that that's Cyber money!

[Hawk]

ummm...no...real live money!!!

[charlotte49er]

ummm...no...real live money!!!

:out: That's craxy! Pay that much for something that doesn't really exist?

[LowDownBrown]

His name is my name too

[Wither]

:out: That's craxy! Pay that much for something that doesn't really exist?

They probably charge something virtually to get into that spot and likely sell that virtual money.

[TarPanther9180]

That's crazy. However, when they finally make a real life holodeck...I will pay for that.

[CLTPanther]

Commodity futures don't exist? It's esentially a contract with a right to buy/sell at a certain price. Are all conracts non existent?

[cptx]

i remember reading about some guy killing his friend for selling some awesome sword that he had earned in a game.