Man Sells Virtual Real Estate in Online Game for $635,000! WTF?

Welcome to Club Neverdie. This is what a $635k virtual piece of real estate looks like.

According to MindArk, the Swedish company behind Entropia, the virtual realm’s economy has a GDP of $442 million USD! That’s more than some small countries. The fixed exchange rate for Entropia has allowed gamers to view it as a potential area for investment. Jacobs originally paid $100,000 for the property that would become Club Neverdie, and he did so by mortgaging his real world home. Within a few years Jacobs had paid off that debt and was making enough from Entropia to live comfortably. Others have paid tens or hundreds of thousands for Entropia Universe property. With each sale seemingly exceeding the last in size and ambition.

How much would you pay for a string of ones and zeroes? How about a string of ones and zeroes that grossed you $200,000 a year? Jon “Neverdie” Jacobs made history by selling virtual property for a reported total of $635,000.

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