Game Money Price Research

Game and Money:
A  Gamer Has Spent $26,500 on Virtual Property

A 22-year-old gamer has spent $26,500 (£13,700) on an island that exists only in a computer role-playing game (RPG).

The Australian gamer, known only by his gaming moniker Deathifier, bought the island in an online auction.

The land exists within the game Project Entropia, an RPG which allows thousands of players to interact with each other.The virtual island includes a gigantic abandoned castle and beautiful beaches which are described as ripe for developing beachfront property.

According to GameUSD.com,a game money price research site,this is almost the biggest transaction in the virtual world until now. 

"This is a historic moment in gaming history, and this sale only goes to prove that massive multi-player online gaming has reached a new plateau," said Marco Behrmann, director of community relations at Mindark, the game's developer.