Entropia Universe Offers Shares In Its Most Valuable Virtual Real Estate
If you want to earn some real-world cash in an online game ... well, maybe you should consider another hobby. If you're dead-set on it, though, Entropia Universe has an offer for you. The famed Crystal Palace in the free-to-play game will soon be up for sale, in the form of 500,000 shares that players can buy for just the equivalent of $1 each.
It's not quite as simple as writing a check or transferring funds, though. Each share costs 10 Project Entropia Dollars (PED), which sell for $1 each, and "All shares pay out in convertible in-game dividends and are available to be bought and resold throughout Entropia Universe." Shareholders will receive "a proportional cut of the total loot collected across all four domes in the form of PED and can then choose to convert their earnings into real money." The sales start "the first half of 2019."
Will investing in Entropia's Crystal Palace make you rich? According to Entropia developer MindArk, the property gained 17% in value over the last year alone, but, as any investor would tell you, prior earnings do not guarantee future positive results. That said, Entropia's been at this business for a while now, so it might be a wiser investment than, say, cards from Valve's Artifact, which is having an interesting time of things right about now.
EDITOR'S NOTE: MMOBomb is obviously not an investment firm and we do not offer investment advice. If you want to invest in shares of a video game, you do so at your own risk of investment loss...I can't believe we live in a world where I felt compelled to spell this out...but hey, Happy Holidays!
About the Author
Jason Winter is a veteran gaming journalist, he brings a wide range of experience to MMOBomb, including two years with Beckett Media where he served as the editor of the leading gaming magazine Massive Online Gamer. He has also written professionally for several gaming websites.
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