Virtual space station sold for $330.000

Sometimes, truth is stranger than fiction. A virtual space station in Entropia Universe was auctioned off at a staggering 330.000 -real- dollars yesterday. Entropia is a virtual universe that uses real cash to fuel its own economy.

The space station called Crystal Palace went on auction some ten days ago and saw bids go up to 3.3 million PEDs. PED stands for Project Entropia Dollars and are the in-game currency and is linked to the dollar to give it a solid base in the real world economy. According to Mindark, the company behind Project Entropia, the 330.000 dollar that was paid for Crystal Palace is the highest amount of real-world cash ever to be paid for a virtual item.