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"Game items for cash" takes on a new meaningFollow

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#1 May 02 2006 at 5:38 PM Rating: Decent
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When they send you an ATM card so you can cash out your earnings.

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But today the makers of Entropia Universe, a popular online science-fiction game, plan to introduce a real-world A.T.M. card that will allow players instantly to withdraw hard cash automatically converted from their virtual game treasury. So a player with, say, 2,000 spare P.E.D.'s (Project Entropia Dollars) left over after purchasing a new laser rifle in the game could withdraw $200 and take a date to a real-life ballgame.



/boggle
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#2 May 02 2006 at 5:39 PM Rating: Decent
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Honestly honey, I'm not camping Nagafen for fun.

I have to pay our son through college somehow!
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#3 May 02 2006 at 5:46 PM Rating: Decent
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"Hey Babes, I just sold that Fabled Gi for 15pp. That should pay for a weekend in Paris. You game?"
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#4 May 02 2006 at 5:47 PM Rating: Default
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Holy ****.
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#5 May 02 2006 at 5:50 PM Rating: Decent
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eh, it was only a matter of time. I swear I saw something about a MMO that had a currency exchange rate of india almost. when the game cash is almost as worth it as the real thing then why not I say!

"Wow! gas costs 10$/5GBP/70 gold/4m gil!"
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#6 May 02 2006 at 5:57 PM Rating: Excellent
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The article wrote:
For instance Jon Jacobs, known online as Neverdie, a 39-year-old Entropia player in Miami Beach, last year sold almost everything he owned (real and virtual) to scratch together $100,000 (1 million P.E.D.'s) to buy a huge space station in the game. By selling apartments and storefronts to other players and by imposing taxes on players' hunting and mining on his real estate, he is now making about $12,000 a month on his investment, he estimates. And his big nightclub is still under construction.
Sweet Jesus. Smiley: eek
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#7 May 02 2006 at 5:58 PM Rating: Good
Nobby
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Jophiel wrote:
The article wrote:
For instance Jon Jacobs, known online as Neverdie, a 39-year-old Entropia player in Miami Beach, last year sold almost everything he owned (real and virtual) to scratch together $100,000 (1 million P.E.D.'s) to buy a huge space station in the game. By selling apartments and storefronts to other players and by imposing taxes on players' hunting and mining on his real estate, he is now making about $12,000 a month on his investment, he estimates. And his big nightclub is still under construction.
Sweet Jesus. Smiley: eek
Indeed!

Cue "e-Daq"
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#8 May 02 2006 at 6:00 PM Rating: Decent
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That is absolutely insane.
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#9 May 02 2006 at 7:49 PM Rating: Good
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"Calling All gold farmers! Calling All gold farmers! Please assemble at landing pad 'B'! We will be leaving imediatlly to destroy Entropia's economy!"
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#10 May 02 2006 at 10:02 PM Rating: Decent
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GitSlayer wrote:
"Calling All gold farmers! Calling All gold farmers! Please assemble at landing pad 'B'! We will be leaving imediatlly to destroy Entropia's economy!"


It's amazing that they haven't yet.
I've played PE (free to download and play), and it was decent. Just didn't hold my attention span of a gnat. It's been around for quite some time now.
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#11 May 03 2006 at 9:01 AM Rating: Decent
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Wait, wait, wait... couldn't this litterally like fuck over the IRL economy just a bit if people just farm gold (P.E.D.'s or whatever) and keep withdrawing?




Ima go start a char now, economy be damned!

Edited, Wed May 3 10:04:59 2006 by Subrosia
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#12 May 03 2006 at 9:13 AM Rating: Good
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Think I just found my new place of employment. My house
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#13 May 03 2006 at 9:17 AM Rating: Good
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Wouldn't it be kinda funny to purchase in-game currency via RMT sites just to exchange it for real life money? Smiley: dubious
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#14 May 03 2006 at 9:20 AM Rating: Decent
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That was my first thought. My second was 'wait.. if the game is free to play, but will give out real money, where the hell is it coming from?' In game currency has no use in the real world (until such time as MMOs use £ and $ as currency that can be loaned from banks... so basically a second real life) so the covnersion is limited to the amount of players buying and selling in game items, meaning the pool that can be drawn from would be largely finite, wouldn't it? The pool would be determined by how many play seriously.

Okay, I'm confsed. Economics and business are not my strongest points...
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