Guy pays $335,000 for virtual building

Club Neverdie is a virtual location in the virtual world of the game Entropia and "virtual" is a high-tech snazzy and more polite way of saying "make believe". Club Neverdie has seven bio-domes, a stadium, a nightclub, and a mall. Recently, the guy who built it sold it for $635,000 in real actual dollars. Forbes talks to the guy who BOUGHT most of the property, paying $335,000. They asked him the only proper question: WHY?

He said:

"When motion pictures were first invented there were a lot of critics saying that it is a novelty act and it would never amount to anything nor will be able to make any real money once the novelty wears off - last time i checked Avatar has grossed 2.7 billion dollars world wide. Most recent example is MTV and Internet but then you know those stories well enough. Virtual Universe is the next logical step in world entertainment and although there are a lot of critics and people shaking heads it is here to stay and take its ranks among the greats."

He's been playing the game 10-20 hours a week but he plans to cut back on his software developer job to devote 40-60 hours a week to it.

Look, it's easy to make fun of a guy like this. And it's probably also the right thing to do.

About the author

John Moe is the host of Marketplace Tech Report, where he provides an insightful overview of the latest tech news.

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