Entropia Universe

What is Entropia Universe?

Entropia Universe is a unique and pioneering massively multiplayer online virtual universe offering players the ability to engage in a wide range of activities and acquire virtual items with real-world monetary value. Developed by the Swedish software company MindArk, Entropia Universe operates on a micropayment business model, allowing players to buy and sell in-game currency (Project Entropia Dollars or PED) that can be redeemed for real-world funds at a fixed exchange rate. This feature enables virtual items obtained within the game to hold genuine cash value, and players can withdraw their accumulated PEDs back into real-world currencies, subject to transaction fees. The virtual universe's financial structure and strategic partnerships with media and financial institutions have facilitated the expansion of the Entropia Universe, with plans to construct new planets for third-party content providers to develop and market independently. Entropia Universe has made notable records, including the sale of the most expensive virtual world objects, such as a virtual space station and a virtual resort on Planet Calypso, further showcasing the unique and innovative nature of this virtual universe

Highlights

• Micropayment business model that allows players to buy and sell in-game currency (PED) redeemable for real-world funds
• Virtual items acquired within the game have real cash value that can be withdrawn by players
• Expansion plans to construct new planets for third-party content providers to develop and market independently
• Holds Guinness World Records for the most expensive virtual world objects sold, including a virtual space station and a virtual resort on Planet Calypso