First Planet Company, a subsidiary of the MindArk Group that develops and markets the Massively Multiplayer Online Role Playing Game Planet Calypso, which is based on the Entropia Platform and part of the Entropia Universe (still with me?), claims that the world record for most expensive virtual object ever to be sold has been smashed into thousands of virtual pieces.
First Planet Company about a month ago announced the public auction of the Crystal Palace Space Station, according to the release ‘an extremely popular hunting destination that is in orbit around Planet Calypso’. The lucky winner of the auction, Erik Novak (aka “Buzz Erik Lightyear”), ended up winning the bid with a $330,000.00 USD offer(Techcrunch).
Buyer was certain he would get great returns off of. 10 years later, after some great returns on the investment, it was decided that the Crystal Palace Space Station would be a publicly owned asset with 500,000 shares available at 10 PED ($1) per share. That’s a total-shares value of $500,000 dollars(bproperty)!
Video of Crystal Palace Space Station
Why it matters?
-it changes the known paradigm of ownership, It encourages investment in virtual objects of virtual worlds.
-It boosts the investment in virtual properties.