Virtual Property Sale Record Broken

Virtual Property Sale Record Broken

$335,000 purchase in Entropia Universe breaks record for largest-ever transaction.

EntropiaPlanets, a fansite dedicated to the world of MMOG Entropia Universe, reports that one of the games’ users, Jon Jacobs, has sold a number of in-game properties to another user, John Foma Kalun.

Entropia Universe allows users to convert real world finances to a virtual currency, offering a fixed exchange rate for users who choose to cash-out and convert their virtual currency back. Entropia’s in-game properties, therefore, have a real cash value.

Jacobs, who goes by the in-game name of Neverdie, has made a number of high-profile transactions over the past few years, from the $25,000 sale of his in-game items, to his purchase of a virtual asteroid for $100,000. The purchase of the asteroid, in 2005, was believed to be the most expensive virtual item sale in history. That record was broken by the 2009 sale of the Crystal Palace Space Station for $330,000.

The recent sale, confirmed by Jacobs to the fansite, amounts to a value of $335,000. Jacobs sold a number of bio domes, a mall, stadium and a club to Kalun.