real-cash-economy

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  • Entropia Universe comes to smartphones with pet battle system

    by 
    Shawn Schuster
    Shawn Schuster
    07.07.2014

    If you couldn't get enough of Entropia Universe's RMT-based virtual world gameplay on your PC, the devs have announced today that the game will soon be coming to several additional platforms, including smartphones and tablets. Through the new Competitive Pet (ComPet) system, players can battle their pets through various "maturity and price levels available to fit players of all types, including a free-to-play version." Before the ComPet system is launched, 200,000 ComPet deeds will be sold at 100 Project Entropia Dollars (10 USD) each and players will earn 30% of all deeded pet revenue. ComPet is set to be available in Q1 of 2015.

  • Planet Calypso's $70k virtual egg hatches after 6 years

    by 
    Shawn Schuster
    Shawn Schuster
    04.16.2013

    Entropia Universe's Planet Calypso is well-known for its real cash economy that usually includes some virtual item being bought or sold for an ungodly amount of money. In line with that, a virtual egg that last sold for $70,000 is hatching after lying dormant for six years. We put a paragraph break there to let you process that for a second. Yes, a $70k virtual Atrox Queen dinosaur egg is breaking open as part of a new event where players need to stop the newborn Feffox from causing further destruction throughout the planet. Once players stop the deadly beast, they'll need to band together one last time for a massive battle to save the world. The event began on Monday but runs until April 28th, so you still have time to join in. Sound like fun? Head on over to the game's official site to learn more.

  • Entropia Universe raises a glass to its 10th anniversary

    by 
    Justin Olivetti
    Justin Olivetti
    02.01.2013

    Entropia Universe, the "massively multiplayer online real cash economy," typically has been best known for its ludicrously expensive sales of virtual property and structure. Now it has another reason to be in the spotlight: The MMO(sigh)RCE has made it to its 10th anniversary. The title launched on February 1st, 2003, and has generated loads of money through the creation, sale, and purchase of its online worlds. According to MindArk, Entropia Universe is a favorite of the Guinness Book of World Records when it comes to the most valuable virtual items ever sold. MindArk recently released a mobile app for Entropia Universe and outlined a 2013 roadmap through the anniversary and beyond. [Source: MindArk press release]

  • Entropia Universe adds mobile app

    by 
    Elisabeth
    Elisabeth
    12.10.2012

    It's just what everyone needs: There's now a new and more convenient way to hand off your cash to a stranger, thanks to Entropia Universe's mobile app. Android users can now download the Virtual Tycoon app to gain full access to the game's Construction, Auction, Storage, Accounting, and Skills and Professions systems. You'll be able to put items up for auction, withdraw and deposit money, and bid on things while on the go. Support for iOS isn't planned until early next year, so those users will have to put up with parting from their money the old fashioned way for a while longer.

  • SEE buys Planet Calypso for $6 million, talks with Massively for an encore

    by 
    Justin Olivetti
    Justin Olivetti
    01.27.2011

    For $6 million you could buy a heck of a lot of tacos -- or one virtual planet. Wisely, SEE Virtual Worlds went the latter route, snapping up Planet Calypso from MindArk and saving itself massive heartburn. The sci-fi-themed Planet Calypso operates under the umbrella of Entropia Universe and boasts 950,000 registered accounts since coming online in 2003. As part of the deal, SEE Virtual Worlds also acquired all of the assets of First Planet Company, a former subsidiary of MindArk, which has been transformed into SEE Digital Studios. Under this reorganization, SEE Digital Studios is now responsible for developing and operating Planet Calypso, Planet Michael and Universal Monsters. The company is expected to hire on additional team members for these projects. Fresh from the champagne celebration, SEE Virtual Worlds President Corey Redmond sat down with us to discuss this deal and the future of these three titles. Hit the jump to boogie with Michael Jackson, scream in terror at the Wolfman, and navigate the economy of virtual worlds.