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ATM Cards Available

Posted by Jon Wood on May 02, 2006  | Comments

ATM Cards Available -

The makers of Project Entropia have announced that players will now have access to real-world ATM cards that will allow easier conversion between virtual coin and cold, hard, cash.


CENTER>Revolutionary ATM System Allows Players to Use Any Versatel Machine Around the World to Convert Virtual Funds to Real Cash

(Gothenburg, SWEDEN) – Entropia Universe, the fastest growing virtual world utilizing a real cash economy, today announces the introduction of an ATM card system that connects directly with real-world Versatel machines internationally, for easy access to the conversion between virtual and physical currency. This groundbreaking development allows Entropia members to conveniently access virtual PED (Project Entropia dollars) and transfer it into “real” cash. The implementation of the system is just another benefit of the built-in “real cash economy” of Entropia Universe.

An Entropia Universe participant can acquire the ATM card from MindArk, the developer of Entropia Universe. The card is associated with the participants’ Entropia Universe account (similar to a bank account), allowing one to efficiently and securely access funds to make a withdrawal of virtual money (Project Entropia Dollars) in real life currency using any Versatel machine around the world. All of the features of transferring, withdrawing, depositing, viewing account balances and more are available with this virtual ATM system. This innovative service for Entropia Universe members provides true economic freedom and puts them one step closer to bridging the gap between the virtual and real world.

“The ATM system is a crucial and significant element in the true monetization of virtual currency, by supporting instant and convenient conversion to real cash,” says Jan Welter, CEO of MindArk, developer of Entropia Universe. “MindArk is changing the online gaming and virtual community landscape by introducing a real cash economy that offers validity and secure monitoring of one’s funds. We aim to become unique forerunners of online virtual entertainment, and with the ATM technology and economic stability of our universe, we are creating the next level of the online experience.”

Entropia Universe is the only virtual gaming community that 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, at a fixed exchange rate to the US Dollar. PED allows members to invest in personal development and growth through the acquisition of goods, buildings, and land in the virtual universe. In 2005, the Entropia Universe turnover was an estimated $165,000,000 million US dollars.

[ expand press release ]

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