Entropia Universe: Crystal Palace Space Station Auction Breaks $100,000

MikeB

Back in early December, First Planet Company, the folks behind Entropia Universe, announced that a massive new property would be auctioned off in-game on Planet Calypso: the Crystal Palace Space Station.

The auction began on December 14th, and is set to wrap up in the next few hours. What stands out about the auction is the current bid, which has just broken the game's previous record for $100,000 USD.  This information has been brought to our attention by Justin Thyme of the Talk Thyme show on GamerZone Radio. A screenshot of the auction as it stands is available below, and has been provided by Entropia Universe fansite EntropiaPlanets:

In the screenshot we can see that the user Qetesh Qetesh Qetesh has set the latest bid at 1,000,003 PED. At 10 PED/ $1 we get $100,000.3. This bid just barely breaks the previous record, which was set by Jon "NEVERDIE" Jacobs in 2005 when he purchased a Virtual Space Resort at $100,000. But with the way things tend to heat up at the end of an auction, and several hours remaining, it is quite possible the ante may be upped even further.

For more information on Entropia Universe's Planet Calypso, go here.

UPDATE: 

The auction has ended and the final sale price was a whopping $330,000! The ballsy investor who won the property goes by the in-game name of "Buzz Erik Lightyear".

Congrats Buzz!

You can view a screenshot of the final price at EntropiaPlanets.

Justin_Thyme

If you want to discuss that with us you can visit the IRC chat at www.entropiachat.com  or use your own irc client and direct it to irc.entropiachat.com port 6667

Justin_Thyme

Current Bid Zachurm Deathifier Emegen 2.200,000.00 PEDS  with about 5 minutes left.

everytime a bid happens end timer resets to 5 minutes left now

so this war can go for awhile

 

Xondar123

Your screenshot is broken.

MikeB

Originally posted by Xondar123


Your screenshot is broken.

 

Fixed. Thanks!

Lykke

Deathifier is first now again  Wow it's really exciting!!! Just like a thriller movie

Lykke TheNun

Entropiaplanets.com

Ravanos

wait wait wait sorry im a noob but this dude is spending 100k in REAL LIFE MONEY on an ingame palace? wow talk about hardcore.

Justin_Thyme

 

Just hit 3 million PED

MikeB

Originally posted by Justin_Thyme


Up to 2.81 Million PED    that is 281,000 USD

 

Keep me posted on the final tally!

MikeB

Originally posted by Ravanos


wait wait wait sorry im a noob but this dude is spending 100k in REAL LIFE MONEY on an ingame palace? wow talk about hardcore.

 

Apparently, yes. People generate real life revenue from these things as well. For example, Jon "NEVERDIE" Jacobs has reportedly made something like 1.5mln from his initial $100k investment.

Dahlifyr

Hold youre horses people, this is just one more publicity stunt From Mindark and FPC just like with the sellout of the Space-Station "CND" bought by Neverdie.

Thoose things are just toys for people with to much money and doesnt show anything about what the shape of the game is. I just dont think that this will be the good publicity that EU needs, it will just make the bad rep for it groove.

Nerblas

Sold by 330 thousand dolars... Ouch

Comnitus

Wow.

Not an amazed wow, more of a disgusted one.

MikeB

Originally posted by Nerblas


Sold by 330 thousand dolars... Ouch

 

If anyone can provide a screenshot / link to confirm this I'd love to update the story! Please e-mail me at mikeb@mmorpg.com.

scamtropia

330K USD to buy  4 domes (aka: slot caches).

Casinotropia gonna get a few new account creations, avatars with $$ eyes... new blood to rob blind.

GG Gambletropia!

 

EricDanie

When you can make money off these things it's no longer "sick" as in someone spending huge money for nothing, if you are good at playing a game you can actually invest and profit.

That's the difference between Entropia/Second Life, you can cash in AND out.

It also becomes more than a simple game with this two-side real money transaction.

Justin_Thyme

Mike I just sent you a link that has screenshots of the final of the Auction.

 

Scamtropia,

It sounds you have a sour taste since you were not able to spend properly to keep yourself in the game. The game is legit except for people that do not know how to properly spend your deposited amounts.

TenshiNoYume

Originally posted by Justin_Thyme


Mike I just sent you a link that has screenshots of the final of the Auction.
Scamtropia,
It sounds you have a sour taste since you were not able to spend properly to keep yourself in the game. The game is legit except for people that do not know how to properly spend your deposited amounts.
-------------------------------------------------------------------------------------------------------------------------------------------
My Reply:
Sorry, what? Scamtropia? Sour tastes? Such accusations are unfounded and don't have any supporting evidence.
The fact that an individual INVESTED 330,000 USD doesn't demonstrated FPC/MA's abillity to "rob the blood" or "steal from their consumers blind", it more or less demonstrates the participants willingness to invest such money. This willingness to depart with such money obviously demonstrates his hopes for the investment to suceed, and him to profit from it. Neverdie purchased Club Neverdie asteroid for 100,000 USD, but he has already made his return from CND based on comission from activity, and is in fact actually profitting, and has been for a while. I'd barely call that a scam. It's business. Obviously, "Erik Buzz Lightyear" has seen the profits one can make in the game, and has a fair chance now at doing so. However, it will be not MA's fault if he doesn't have an adequate business/financial plan, that's how business is like in the real world, this is how it's like in the Entropia Universe.
 

 

Justin_Thyme

I agree with you Tenshi.

I have no issues with this game I play within my means. I have never felt scammmed and in my opinion what I deposit is a fair cost for the entertainment that I receive.

 

Justin Thyme

Talk Thyme Radio Show

www.gamerszoneradio.com

 

 

scamtropia

Casino.

SweBlackbird

 

My father still playing it thought and very addicted lol. Oh well I play it too sometimes.

Azareal

Sigh, I'm of 2 minds about this :

1.   It makes me physically ill that people actually have this kind of money to spend on a virtual item in these though times when others can barely pull enough together to put food on the table for their family.

2.   It's interesting to note that you can actually make money from nothing, i.e virtual space.

Must be nice to be rich.

Scyris

This just shows that humans are morons, would would spend 330k on a VIRTUAL property in a fairly craptasic game anyway? then again if PED can be converted to RL USD and cashed out, some guy just made 330'000 ish USD for a worthless virtual property, and the buyer gets stamped with the "Moron of the year award".

treysmooth

Originally posted by Azareal


Sigh, I'm of 2 minds about this :
1.   It makes me physically ill that people actually have this kind of money to spend on a virtual item in these though times when others can barely pull enough together to put food on the table for their family.
2.   It's interesting to note that you can actually make money from nothing, i.e virtual space.
Must be nice to be rich.

 

I'm sorry but to those that earn money in a honest manner and then want to try to "invest" which in essence is what this guy did I have no issues.   Crappy game yes but its everyone's right to spend as they see fit.  I have no interest in a socialist system that knocks everyone down to the same lvl instead of letting those that work hard reap their rewards.  I'm not well off by any means but if one of my stock investments nets me millions I think its my right to spend said funds anyway I like even if its on virtual property lol(I would never do what this guy did).

lilreap2k3

Anyone talking trash about the person who bought the property is a moron. Neverdie, who bought his "space station" for $100,000 a few years back has made over $1,000,000 off of his property. This guy gets to live off his dividends, and never has to work again because of Entropia Universe. If I remember correctly Jon (Neverdie) Jacobs morgaged his house, and pretty much went bankrupt when he decided to invest in Entropia. The person who just bought this new property paid a little more for his so it may take a little longer to make his money back, but eventually he will be a millionaire off this game as well.

If you ask me this is smart investing, gaming isn't going anywhere and Entropia Universe is a big money sink for anyone that hasn't been playing for 3+ years. The people profiting big from this game are the ones who own property, and the ones with insanely skilled characters that have the most economic equipment.

If only I could scrape together $330,000, I would have bought it myself.

Azareal

Originally posted by treysmooth

Originally posted by Azareal


Sigh, I'm of 2 minds about this :
1.   It makes me physically ill that people actually have this kind of money to spend on a virtual item in these though times when others can barely pull enough together to put food on the table for their family.
2.   It's interesting to note that you can actually make money from nothing, i.e virtual space.
Must be nice to be rich.

 

I'm sorry but to those that earn money in a honest manner and then want to try to "invest" which in essence is what this guy did I have no issues.   Crappy game yes but its everyone's right to spend as they see fit.  I have no interest in a socialist system that knocks everyone down to the same lvl instead of letting those that work hard reap their rewards.  I'm not well off by any means but if one of my stock investments nets me millions I think its my right to spend said funds anyway I like even if its on virtual property lol(I would never do what this guy did).

I just can't wrap my head around it is all. If I had that kinda cash I would buy a real property and then maybe rent it out or something. I don't know, just old fashioned I guess.