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Reader Comments (48)

Posted: Apr 4th 2012 11:14AM (Unverified) said

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Am I the only one who saw that 27% return on annual investment?! Consider that if you get a 10% return on the US stock exchange you have a solid year. Even Bernie Madoff couldn't get away with saying he'd give you a 27% return. Crazy.

Posted: Apr 4th 2012 11:14AM Yarg2011 said

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Played this game years ago, don't really see how they can get a 27% return on investment. Pyramids and such spring to mind.

Posted: Apr 4th 2012 11:24AM Mikx said

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wait, what? A 27% rate of return, is that in real money or gold?

Posted: Apr 4th 2012 11:57AM chum said

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Money laundering comes to mind.

Posted: Apr 4th 2012 12:00PM Space Cobra said

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Sheesh, isn't this the MMO that charges you for bullets?

I had entertained about going in on the "Land grab" thing when it was offered, but I try to play MMOs/games for fun. (Although, I know some people play Auction Houses for fun and what-have-you; whatever floats their boat).

Hmm...I really do not *want* to, but I may have to research this again; 27% annual investment ain't bad, but I am worried about the grind and even putting the attention into it.

Posted: Apr 4th 2012 12:06PM Pasha said

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Money is imaginable product without actual value (only a toilet can turn paper money into valuable asset) - I don't see any point not to trade lump sum for another imaginable product like company stock or some interweb pixels.

Posted: Apr 4th 2012 12:08PM Ceridith said

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I've got a virtual bridge for sale, if anyone is interested.

Posted: Apr 4th 2012 12:16PM Lateris said

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A good old SWG crafter buddy of mine switched to this game and cashes out 100 to 500 a month pending on the conversion to US dollar. Its an ultimate dream to play a real market in a game for her. She also has the time to learn the game and naturally plays the markets and ebay. I kind of wish stocks would be allowed in more mmo sci fi games.

Posted: Apr 4th 2012 1:45PM Ceridith said

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@Lateris
And how much money did she have to "invest" into this game to be able to make this much a month?

This game is just a virtual pyramid scheme.
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Posted: Apr 4th 2012 12:38PM ApathyCurve said

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P.T. Barnum likes this.

Posted: Apr 4th 2012 1:45PM madeleen said

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I tried to play this game.

It pushed me into the world naked (literally) and no money to buy clothing. I learned later that the naked avatars thing was a glitch. But I never went back to see if it was fixed because customer service never answered my complaint and the forums told me that it was my problem.

Posted: Apr 4th 2012 2:25PM Germaximus said

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Oh how i wish i had the kind of money these idiots have.

Posted: Apr 4th 2012 3:07PM Beholder87 said

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Right now players get around 5 PED ($0.50USD) per week per deed. This man or woman can expect to get 125000 PED ($12,500USD) per week for their 25,000 land deeds. And since you can withdraw money from this game, not a bad weekly income I think.

Posted: Apr 4th 2012 5:00PM Softserve said

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@Beholder87 Even then it'll take him 4 to 5 years to break even on that... Who is to say this will even be around then?

Seems like an odd place to invest.
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Posted: Apr 4th 2012 3:19PM (Unverified) said

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As a player, let's talk numbers and facts.

These land deeds are essentially unsecured bonds offering something like 25% of revenue received by Planet Calypso, the largest portion of the Entropia Universe system (which also includes ROCKtropia, Arkadia, Next Island, etc.) That revenue is basically deposits (folks paying to play) minus withdrawals.

The game system is simple: You spend TT value ($1 = 10 PED TT) doing activities like hunting, crafting, etc. During those activities you get loot back. Generally you get less TT value in loot then you spend on the activity. You can make up some losses by selling loot to other players. Most folks can't close that gap. So you lose your money and eventually have to deposit again to keep playing. This is where the company revenue comes from and how the weekly payments to those land deeds are sourced.

Currently, those land deeds are averaging ~ 5 ped per week. ($0.50)

At $100/land deed, $2.5 mil = 25,000 land deeds. So $0.50 x 25k = $12,500 income per week.

But let's say this doesn't stay and drops to half, or $0.25/week/deed. That's $6,250/week or $325,000/year.

So even under drastically reduced returns, he'll recoup his whole investment in just over 7.5 years. And that still holding onto he principle, which he can sell piecemeal if revenue drops too low for their taste.

Best part? I know of others making even more on their investments ingame.

Any of you guys doing that well on the stock market?

But these folks DECIDE to invest heavy in this game. Most other players simply pay what they're willing to spend for their entertainment. (For me after over 6 years ingame, I average ~$60/month. For me it's worth that much to play. :)) Entropia offers PERSONAL CHOICE in how you play, but honestly, someone playing on $10/month isn't news worthy. This is news worthy not because it's normal, but because it's ABnormal compared to the vast majority of Entropia players.

Posted: Apr 4th 2012 3:36PM PhelimReagh said

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There's one born every minute...

Charlie Ponzi would be proud.

Posted: Apr 4th 2012 3:57PM BobbyChin said

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I put 50 bucks in at first just to test the waters a few years ago. The first two months I was down about 20 bucks, but I figured it was cheaper than a subscription. Then I changed my strategy to go after more exotic loot. Most of the remaining 30 bucks was invested in armor and such so I did have to put in another 10 bucks for ammo and probes. But I never had to deposit again after that. Since then I have cashed out over 20,000 USD, and I only put in 60 usd total. That is without hitting even a fraction of an "All Time Hall of Fame" loot (Sort of like winning the lotto).
And like many others I have paid my tuition with the game.

I also got some friends to play who are big MMO buffs and they too were able to easily make a 100 or so bucks profit in their first month without any capital. Of course having capital doesn't hurt if you know what you're doing, but it's not necessary if you play smart. My friends did not stick around though, I guess they'd rather pay 15 bucks rather than earn 100 bucks a month. What they actually said though, was that the game was fun but they were afraid of making this game into their "work". I think they're bloody retarded. The game is a lot of fun and you can profit, so you're afraid? You'd rather play wow for 20 hours a week as a hobby, something that you'll never see a return with? (Unless you quit and sell your account for what? 100 bucks after paying a few hundred in subscription fees?)

Enough rambling about my friends though. It pisses me off when I see people bashing the game when they are clearly ignorant. You can profit off this game, I got through college solely on an income from this game, yes I actually withdrew the money and saw it in my bank account. This game wouldn't be around 10+ years if it wasn't legit, as far as I know, not one withdrawal has been declined ever in the history of this game. There are several people who are living proof that investing a large sum in this game can make you into a millionaire in this game.

Posted: Apr 4th 2012 4:32PM ApathyCurve said

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@BobbyChin

"I also got some friends to play... I think they're bloody retarded... Enough rambling about my friends though. It pisses me off when I see people bashing the game when they are clearly ignorant. "

I think I may have divined the real reason your "friends" did not "stick around," Bobby.
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Posted: Apr 4th 2012 4:56PM BobbyChin said

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@ApathyCurve

Still doesn't change the fact that this game is legit.

And I still play with my friends on other mmos, fps, and rts games, and am invited everyday to do so, so it's not like they're staying away from the game because they're trying to avoid me like you rudely implied. I kindly ask that you F-off and mind your own relationships and stay on topic. Thanks.
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Posted: Apr 4th 2012 5:43PM Space Cobra said

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@BobbyChin

I don't think your friends are "retarded" as much as they probably don't want any "pressure" on their leisure hobby.

People think differently. You may enjoy accumulating money that way, but maybe they want something different from their gameplay? More variety or different system and no need to, what they may perceive as "grind".

I do feel interested to try out this game, but people are not always on the "same rung" or "same thought", especially for entertainment. It may not "click" with me or it may. I know I like to be flexible and varied in my own hobbies: I don't just play one game or do one activity. Some people don't like to feel 'trapped" by one thing, because then it gets "boring" for them and not much fun (even if the game was initially fun for them; people can get bored of chocolate ice cream if they eat it everyday).

So don't be too hard on your friends. :)
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