ice cream making and ranting

Thursday, November 10, 2005

Project Entropia

Have I been living under a rock? Have you all heard about this?

Man Spends $100,000 On Virtual Space Station In Online Game


There’s this online game called Project Entropia. It seems that the software is free, and the connect time is free, and the playing is free. But you pay for the objects in real money. There are ways to earn currency through the game, but if you don’t want to bother, you can just plunk down cold hard cash. This is the ultimate internet company! What a business model! I am intrigued.

Project Entropia uses an economy model that is directly linked to the real world. If you want to buy something in the virtual world, you can transfer money into the virtual universe economy. At this point your money is exchanged for PED (Project Entropia Dollars) and is ready for you to use. Should you make money in the virtual world, you can also withdraw it to your real world account and thus actually make money in a virtual world.


In theory, you could make actual money off this game. And that’s what Mr. $100,000 is banking on. Is this as bizarre as I think it is, or am I just ill informed of the online gaming community?

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