$26,500 for a Virtual Island?!

A Project Entropia player, known as
'Deathifier', recently purchased the first-ever virtual island for $26,500 in an online auction.  Wow.  Sure,
the game features a real cash economy, meaning that Deathifier could conceivably turn this treasure into a budding profit, but... c'mon, this brings new meaning to a place called, Neverland!

For more on the virtual entrepreneur's plans, click here.