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Interview with $26,500 MMOG Land Owner - 17.6.05

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Project Entropia Treasure Island auctionThe Guardian Gamesblog has an interesting interview with David "Deathifier" Storey, who invested $26,500 to buy an island in the MMOG Project Entropia.

He has seen a return of $9,000 so far, and expects to reach profit by the middle of next year through a total of 60 one-off estate sales at between $450 and $550 each, and through ongoing taxation of players carrying out activities on the island:

How well has your investment returned?
Financially approximately USD$9,000 to date and we've really only just begun with the estate sales and land management, so there is still much untapped potential just in those two areas.

Aside from the financials there are intangibles such as the fame and recognition that came with the purchase in the virtual world, and the experience dealing with the various aspects of operations of the island, some of which mirror issues faced by real companies (advertising, resource acquisition, even law enforcement).

Overall the investors and myself are quite happy with progress so far, and we are still on track for full recovery and onto profit by mid next-year.

$26,500 virtual property owner speaks

Related:
Virtual trade gets real
CNET| Real cash for virtual goods (8 Feb)
Project Entropia
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By Rob (Email: Rob at igniq dot com) 



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