Home » Why Sales of Virtual Goods are Soaring
What is the most you’re willing to pay for a virtual item in a videogame or virtual world? Five, ten dollars? How about $26,500?
That’s the amount David Storey, a 27-year-old graduate student living in Sydney, Australia, paid for a virtual island, the “Most valuable object that is virtual,” according to Guinness World Records.
It’s easy to write off Storey, who goes by the name “Deathifier,” as a geek gone wild, but he now owns a million-dollar empire. Storey runs Amethera Treasure Island, which he purchased in the virtual world Entropia, as a rare game preserve and taxes hunters on his land. Storey says the taxes bring in more than $100,000 in real money per year. For the full story at Forbes.com (no pun intended).