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November 12th, 2010, 07:35 GMT · By

Entropia Universe Player Pays $335,000 For Virtual Property

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Entropia Universe is home to huge virtual deals
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A new record was set in popular online multiplayer game Entropia Universe, as a player bought a virtual property with $335,000 real-life dollars from another one, marking the most a person has ever paid for a virtual asset.

Entropia Universe is a popular online game which allows its users to convert real world finances to a virtual currency, and then offers a fixed exchange rate for those who want their virtual currency turned into real life money.

According to EntropiaPlanets, a fan site dedicated to the online game, one of the users, Jon Jacobs, has sold a number of in-game properties to another one, called John Foma Kalun, for a record amount of money.

Among the items sold were a number of bio domes, a mall, stadium and a club, all totaling $335,000, the largest sum anyone has even paid for virtual assets.

Jacobs isn't turning rich, as he invested a lot of money into his assets in Entropia Universe a few years ago, culminating with buying an asteroid worth $100,000 at that time or selling some of his other assets for $25,000.

That record was broken however by the sale of a popular player destination, Crystal Palace Space Station, back in 2009, which changed virtual hands for $330,000, going into the Guiness World Book of Records.

Now, this new sale has broken that record once more, even though multiple items were purchased.

Entropia Universe is a free to play online multiplayer game, which, as mentioned above, allows players to use real money, converted into virtual currency, to buy different things like properties or items.

While it doesn't have a subscription model, like World of Warcraft for example, it has still allowed its developer, Swedish software company MindArk, a steady revenue stream and is a very profitable online game.

Entropia Universe currently has over 800,000 registered players. 

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