Culture

'Project Entropia' real estate sale fetches $179,000

After 10 days of bidding for three digital malls in the virtual world Project Entropia, buyers ponied up a shocking total of $179,668.

After 10 days of bidding for three digital malls in the virtual world Project Entropia, buyers ponied up a shocking total of $179,668.

According to a press release from MindArk, the Swedish company that publishes Project Entropia, two buyers won the three auctions: Onkel RobRoy Bob, who bought two of the malls, and Epsilon Eps Vaz, who purchased the third.

Virtual real estate has been getting more valuable, and the current record is probably the $100,000 paid by Jon Jacobs, known as Neverdie, for a virtual space station in Project Entropia.

Onkel RobRoy Bob paid $35,000 and $74,601, respectively, for two of the malls, while Epsilon Eps Vaz handed over $70,067 for the third. So, on an individual basis, the properties did not top Neverdie's purchase price. Still, the total paid out by the two was impressive.

As for why the two paid what they did, we'll never know exactly why. But they clearly felt there is payoff at the end of the day.

We'll have to see.