Network Sites: FPSguru.com RTSguru.com UnboundGamer.com
Login:  Password:   Remember?  
Show Quick Gamelist Jump to Random Game
Games:608  Guilds:3,081
Members:1,598,580  Online:0
Guests:0  Posts:4,852,495
MindArk | Official Site
MMORPG | Genre:Sci-Fi | Status:Final  (rel 01/30/03)  | Pub:MindArk
PVP:Yes | Distribution:Download | Retail Price:Free | Pay Type:Free | Monthly Fee:Free
Desktop Client | System Req: PC | Out of date info? Let us know!

Entropia Universe News - $135,000 in Virtual Property Sales

Posted by Dana Massey on Apr 13, 2005  | 6 comments in our forums

Project Entropia today announced that they had generated over $135,000 in online virtual property sales. Here is the press release from MindArk:

Project Entropia Generates Over $135,000 From Online Virtual Property Sales

Only Two Weeks Into the "Home for Everyone" Campaign, Over 7.7 Million Square Feet of Apartments Have Been Sold to Project Entropia Members

GOTHENBURG, SWEDEN -- Project Entropia, a rapidly growing virtual world utilizing a real cash economy, today announces the enormous success of the 7.2 version update and the "Home for Everyone" campaign as thousands flock to buy virtual property. On March 23, 2005, the launch of the 7.2 upgrade took effect including the auction of some 3,000 apartments in the Project Entropia universe, and within a few hours a third of the property was sold to interested buyers. Currently, the total revenue from the virtual property sales topples over $135,000 and growing.

Project Entropia created the campaign as the demand for apartments and other housing complexes have drastically gone up since the sale of the virtual "Treasure Island" for $26,500 last December 2004. Project Entropia has also decided to keep the prices of the apartments low and at a fixed rate ($25.00-$45.00) in order to accommodate more members. The strategy of cheaper housing options will ensure a healthy secondary market for apartments within Project Entropia with possible large profit margins for early apartment investors. Several members have already utilized their entrepreneurial skills and become estate brokers, seeking out attractive apartments, with nice views and well-respected neighbors, and brokered these to other participants. The new apartment plan also allows players to delve into a whole new virtual experience as they begin to furnish their new homes, and entertain guests in a virtual location.

"The possibility to own an apartment will strengthen our rapidly expanding community by introducing a price worthy alternative to houses and larger structures available for purchase within Project Entropia," says Marco Behrmann, Director of Concept Development. "We developed the concept to provide our members with a secure place to call home."

Project Entropia is part of the next generation of gaming known as MMORPG (massive multi-player online role playing gaming) which seem to resemble more of a virtual world and society rather than a typical online video game. This new wave of interactive entertainment allows players to interact in a world of three-dimensional virtual environments.

However unlike many other MMORPG's, Project Entropia actively supports sales of virtual products with actual cash value within its real economy system. The economy offers the user a secure and safe way to make purchases, sales and exchange real life currency into PED (Project Entropia Dollars) and back again into real money. PED allows members to invest in personal development and growth through the acquisition of goods, buildings, and land in the Entropia universe.

The heart of Project Entropia lies in a distant planet named Calypso, which includes two continents with large expanding cities that offer a variety of entertainment and social interaction for the citizens. Members of Entropia can create their own persona (avatar), via a character generation system, allowing them to choose a suitable life and virtual existence. Characters enter the evolving world full of unexplored and uncultivated lands where they can join a community or even create a civilization of their own. Project Entropia offers a new way for individuals to pursue dreams and fantasies through an adventurous virtual experience.


Project Entropia is more than a traditional MMORPG, it is a true virtual universe with over 238 000 registered accounts. The Project Entropia software is available to users free of charge with no monthly costs or associated subscription fees. Project Entropia actively supports sales of virtual products with actual cash value within its real economy system. The economy offers the user a secure and safe way to make purchases, sales and exchange real life currency into PED (Project Entropia Dollars) and back again into real money. The fixed exchange rate is 1 US Dollar equals 10 PED. PED allows members to invest in personal development and growth through the acquisition of goods, buildings, and land in the Entropia universe.

MindArk PE AB is the developer of the free three-dimensional online virtual universe “Project Entropia”, the only virtual universe using a true real cash economy system.

Related URL's
https://www.project-entropia.com

Read more Exclusive News...

 
 
 
Leave this field empty
Post Your Comment:
User Rating: 7.4
Popular Features:
Warhammer Online: Wrath of Heroes : Amenadresh Returns! Interview added on Friday May 25
Warhammer: Wrath of Heroes has been steadily gaining momentum over the past several months. We... Read More
Rift : Conquest - Open World, Three Faction PvP Interview added on Thursday May 24
Trion Worlds and the Rift team introduced a brand new way of playing the game... Read More
The Secret World : Hell Hurts Preview added on Thursday May 24
One of the most anticipated features in Funcom's The Secret World is running through dungeons... Read More
Diablo 3 : Review-in-Progress Part Two General Article added on Friday May 25
After 12 years was Diablo III worth it? That's far too loaded a question to... Read More
The List : 5 Ways MMOs Will Survive Column added on Monday May 28
MMOs these days are having a hard time...some of them anyway. Studios are closing. Developers... Read More
Latest News:
Entropia Universe : Investor Scores $2.5M in Virtual Real Estate Reported on Apr 04, 2012
Entropia Universe developer Mind Ark has announced that a single investor has snapped up $2.5... Read More
Entropia Universe : Planet Cyrene is Coming! Reported on Mar 14, 2012
Entropia Universe is getting a new planet to add to the existing ones of Planet... Read More
Entropia Universe : MindArk Interview Reported on Jan 28, 2012
Entropia Universe is developed by MindArk and is a huge hit with many MMO players.... Read More
Entropia Universe : Planet Arkadia Launched Reported on May 25, 2011
Entropia Universe players will be pleased to note that the newest planet in the game,... Read More
Entropia Universe : ROCKtropia 2.0 Released Reported on Apr 19, 2011
Jon NEVERDIE Jacobs has declared war on social gaming according to a press release from... Read More