An Australian spends $26,500 for an island that doesn’t exist

Are you having a hard time finding the perfect land for your new house? Looking for some nice vacation property? Forget about Montana, Cayman, Hawaii, or Fiji; buy your own virtual island. An Australian game player known only as Deathifier has spent $26,500 on an island that only exists in the game Project Entropia.

The virtual island includes an abandoned castle and beaches. Deathifier’s purchase is an investment in that he can tax other gamers who come to his island. He has already begun subdividing up the island and selling plots to other gamers who will use the land to build virtual homes.

Source: BBC News - Gamers buys $26,500 virtual land

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