I think it's nuts people are willing to pay for virtual items, let alone spend fortunes on virtual worlds. Then again, if you can spend a small fortune and actually turn it around to make a bigger fortune, by all means go for it.
Found out there are millionaires who made all their money from Second Life virtual real estate. In the virtual world of Entropia, a man made $335,000 from selling a building. A building that doesn't actually exist that sits on an asteroid that doesn't exist for over a third of a million in dollars that do exist.
Insanity...but for the sellers, more power to you.
Links:
http://www.csmonitor.com/Innovation/Horizons/2010/1113/Man-makes-record-335-000-in-Entropia-Universe-virtual-real-estate-deal
http://realestate.msn.com/article.aspx?cp-documentid=13107800
I think it's marketable. Social Media is big part of our lives. Some good examples that I for-see come from mediocre yet effect virtual building tools like http://www.minecraft.net/.
ReplyDeleteWhat we are experiencing is just the beginning of "Virtual Sales."
Smart investors see potential ... and as for the developers/sellers, "More power to you."
Hi Mitchell,
ReplyDeleteIt was really nice meeting you the other day! Thank you for walking me to the computer lab.:)Keep up the great blogs. I didn't know that someone made that much money from a virtual world. Wow. Really makes you wonder. See you next class!
It's a whole new revenue stream.
ReplyDeleteI think that's pretty insane as well. Good for them I guess making all that money, but I don't know how I'd feel about myself if my career consisted of being a real estate agent for make believe houses...haha. But, maybe I need to get with the times.
ReplyDelete