Entropia Universe today announced the final sale prices from its July 2006 real estate public auction. Entropia Universe players spent ?213,784.00 on purchasing the various virtual land from July 5th to late July. 

(Gothenburg, SWEDEN) - Entropia Universe, the fastest growing virtual world utilizing a real cash economy, today announced the final sale prices from its July 2006 real estate public auction. The auction began on July 5, 2006 with an opening release of six new land areas full of hunting and mineral rights and closed late July with total of thirteen properties sold. The various virtual land masses including remote snow covered mountains, riverfront estates, vast rainforests and jungles, lake homes and more sold for a combined ?213,784.00.

"The success of the recent Entropia real estate public auction marks the beginning of the virtual property boom," says Jan Welter, CEO of MindArk, developer of Entropia Universe. "In 2005, the Entropia Universe turnover (amount of virtual Project Entropia Dollars converted back into real world currency) was estimated at ?165,000,000 US dollars. With the massive virtual business development and economic growth seen in this year within the universe, we saw a need for new land openings and opportunities. Therefore, we created fertile and abundant properties for sale in hopes of facilitating business endeavors and continuing the economic prosperity of Entropia Universe."

Entropia Universe is the only virtual gaming community that actively supports sales of virtual products with actual cash value within its real economy system. The economy offers the user a secure and safe way to make purchases, sales and exchange real-life currency into PED (Project Entropia Dollars) and back again into real money, at a fixed exchange rate to the US Dollar. PED allows members to invest in personal development and growth through the acquisition of goods, buildings, and land in the virtual universe.

The heart of Entropia Universe lies in a distant planet named Calypso, encompassing two continents with large expanding cities that offer a variety of entertainment and social interaction for its citizens. Members of Entropia can create their own persona (avatar) via a character generation system, then having the option of choosing a suitable life and virtual existence for their avatar. Characters are able to enter the evolving world full of unexplored and uncultivated lands where they can join a community or even create a civilization of their own. Entropia Universe offers a new way for individuals to pursue dreams and fantasies through an adventurous virtual experience.

In December 2004, Entropia Universe set a world record, certified by the Guinness Book of World Records, when it sold a virtual Treasure Island for ?26,500 USD as the largest virtual dollar amount spent, to 22-year old Australian David Storey, a.k.a. "Deathifier." The recent sale of the Space Resort for ?100,000 USD to famed gamer, Jon ?NEVERDIE? Jacobs, sets a new record for the most valuable virtual item.

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