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Real cash for virtual goods | |
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| Time: 08:55 EST/13:55 GMT | News Source: News.com | Posted By: Brian Kvalheim | ||
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As far as real estate transactions go, there was nothing obviously freaky about David Storey's December purchase. A total of $26,500 for a piece of undeveloped land in an unpopulated but potentially prosperous new suburb--what's not to like? Except that the property exists solely on the servers of "Project Entropia," a computer game where players exchange real-world money for in-game goods, services and property. Almost every major online game has an in-game economy, where players exchange in-games goods for in-game currency. Most also have a real-world economy, where in-game currency and goods trade hands for hard cash. | ||
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