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Entropia Universe

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General Information about Entropia Universe

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Entropia Universe is a massively multiplayer online virtual universe designed by Swedish software company MindArk, based in Gothenburg. Entropia uses a micropayment business model, in which players may buy in-game currency (PED - Project Entropia Dollars) with real money that can be redeemed back into real world funds at a fixed exchange rate. This means that virtual items acquired within Entropia Universe have a real cash value, and a participant may, at any time, initiate a withdrawal of their accumulated PEDs back into real world currencies according to the fixed exchange rate, minus transaction fees,[citation needed] the minimum amount for a withdrawal is 1000 PED. As a result, revenue of the business is largely generated from activities within the virtual universe. As of 2009[update], the revenue model has proven to be sustainable and profitable.[citation needed]
The Entropia online community claims to have over 810,000 registered participants from over 220 countries and dependent territories.
Development of Entropia Universe (formerly Project Entropia) started in Sweden in 1995 by Jan Welter Timkrans and a group of colleagues. During its initial testing phase in 2002 the offices of MindArk were raided by court officials following a complaint by Microsoft that MindArk was using unlicensed software. MindArk has stated that this may have been an attempt by Microsoft to derail the game's development because of its threat to their game Asheron's Call. The game was launched commercially at the start of 2003.
On 30 May 2007, it was announced that Entropia Universe had been chosen by the Beijing Municipal People's Government supported online entertainment company Cyber Recreation Development Corp. (CRD) to create a cash-based virtual economy for China, creating the largest virtual world ever. The landmark deal was negotiated for almost a year and will bring an outside virtual world into China for the first time. Entropia Universe was chosen over several other proposals, including one by Second Life.
The technology introduced with this project will enable other companies within media, film, music and gaming industries, or other content providers, to acquire their own planet within Entropia Universe. As of 2009[update] a number of the world's largest corporations within the aforementioned business sectors are in negotiations to purchase their own planet within Entropia Universe. On the technical side, the server structure running the Entropia Universe will be one of the fastest on Earth.
On 4 December 2007, MindArk PE announced its intention to go public and that it was in the process of preparing for its upcoming initial public offering (IPO), which it stated will likely include an offering of newly issued registered shares as well as existing shares. MindArk intends to use the proceeds from the newly issued shares to implement its growth strategy, in particular the expansion of its market position and pursuit of potential acquisition opportunities. MindArk has appointed Credit Suisse to help the company evaluate its strategic alternatives including planning for the IPO.
On 27 August 2009 an event called Second Golden Age (SGA) was started, running until the end of the year, despite the platform still being in a beta phase with yet unresolved issues.

HowTo ... ... about Entropia Universe

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How to Make Money in Entropia Universe :
How to Make Money in Entropia Universe. Entropia Universe is unlike other massively multi player online games. It is diffrent in that it has a real cash economy. You can earn ...
eHow
How to buy Crystal Palace in Entropia Universe :
How to buy Crystal Palace in Entropia Universe. (Dec 28,2009) Crystal Palace sold for 330,000 US dollars to avatar Buzz Erik Lightyear surpassing the previous world record of 100 ...
eHow
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Popular questions about Entropia Universe

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What is the name of the online site where you create your own character and interact with other peop...
I saw it advartised on tv. I also would like info on any other sites where you make your own people or pets and interact.
Yahoo Answers
Is the Entropia Universe actually a fun MMORPG to play?
Considering that the chance of "earning" real money is a selling point, but actually earning money as common as a casino making everyone a winner, is the game actually fun to play on it's own?If have experience, please compare to SWG:
Yahoo Answers
What are the best Computer MMORPG or MMO Games?
It can be pay or free, but i want the best either way.
Yahoo Answers
What is another game similar to second life?
Can anyone tell me, I liked the concept of Second Life but the tutorial didn't even work for me, so I couldn't really get into it, but I loved that concept. Also it had a lot of gliches in it, so wondering if there's another one I coul
Yahoo Answers
Can you tell me ny free online games that are like the sims ?
It would be good if they didn't have to be downloaded.
Yahoo Answers
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Other Authored Articles about Entropia Universe

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Soldiers of Fortune - Entropia Universe society
Soldiers of Fortune is the oldest society in Entropia Universe. It was founded in 2001 by Buzzi, 2 years before the society system was implemented in the universe. We are active in all a...
Get Money To Play Games Online
According to a survey conducted by Nielsen Entertainment there are over 50 million active online gamers in the U.S. alone. That is a lot of people spending time online gaming, but more importantly it...

General Web listings about Entropia Universe

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Entropia Universe Portal
Official site, with game information, gallery, downloads, merchandise, forums, and community section.
http://www.entropiauniverse.com/
Entropia Universe: Information from Answers.com
Entropia Universe Platform: IBM PC Compatible Release Date: April 11, 2006 Genre: Role-Playing Style: Persistent World Online RPG Game Description
http://www.answers.com/topic/entropia-universe
Main Page - Entropia Universe Directory
Entropia Universe has been updated to VU 10.0. We are about to launch a brand new site ... Editing the Entropia Wiki - Advanced Guide to editing the Entropia Universe Wiki. ...
http://www.entropiadirectory.com/
Entropia Universe - Entropia Universe Directory
Entropia Universe is a massive virtual universe with a real cash economy. ... Entropia Universe presents a vast landscape to explore, with two continents, Eudoria and Amethera. ...
http://www.entropiadirectory.com/wiki/Entropia_Universe
Entropia Universe Loot
Entropia Universe mobs and their loot in simple table! Come and see what is worth to hunt! #1 information site for Entropia Universe hunters. Also links: tools, ...
http://www.entropia-loot.com/
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Photos about Entropia Universe

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Videos about Entropia Universe

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Latest News about Entropia Universe

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Planet Calypso Sees 2nd Amazing Sale of the Year
Planet Calypso (PC) Unique virtual egg sold for over $69,000.00 USD.
2 days ago - IGN PC Games
Planet Calypso Sees 2nd Amazing Sale of the Year
GOTEBORG, Sweden, Feb. 5 /PRNewswire/ -- First Planet Company, developer and publisher of the largest real money Massively Multiplayer Online Game, announced today the sale of a legendary Virtual Egg for an a stunning $69,696.00 USD.
2 days ago - redOrbit
Planet Calypso Sees 2nd Amazing Sale of the Year
GOTEBORG, Sweden, February 5 /PRNewswire/ -- - Unique Virtual Egg Sold for Over $69,000.00 USD First Planet Company, developer and publisher of the largest real money Massively Multiplayer Online Game, announced today the sale of a legendary Virtual Egg for an a stunning $69,696.00 USD. This comes on the heels of the Crystal Palace Station's recent...
2 days ago - ITNews
Virtual Egg Sold for $69,696 USD -- "NEVERDIE" Avatar Sets Virtual World Record
LOS ANGELES, CA--(Marketwire - February 3, 2010) - Cyber Superstar Avatar Jon "NEVERDIE" Jacobs held a public auction Sunday on his personal Asteroid, inside the Real Cash Virtual World platform Entropia Universe and Sold a mythological Virtual Egg for a Whopping $69,696.00 USD; setting a new World Record for the "Most Profit" made on a single Loot...
4 days ago - Marketwire
Online game gets banking licence
Real and virtual finances look set to get closer as Project Entropia becomes a licensed banking institution.
12 months ago - BBC
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Job listings about Entropia Universe

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Business Objects - BO - Universe - WebI - Xcelsius - Crystal
DC-Washington, Location Washington, DC; Arlington, VA Salary $70,000 - $140,000 Education Associates Category Information Technology Experience Required At least 2 Years Short Description Business Objects - BO - Universe - WebI - Xcelsius - Crystal - Reporting Tools - Management Required Skills Business Objects, SAP, Management, Reporting Tools, Un...
Monster
Business Objects Universe Architect (24835)
PA-Philadelphia, Dell Perot Systems is a worldwide provider of information technology services and business solutions to a broad range of clients. We are currently looking for a Business Objects Universe Architect to join our Consulting Solutions team. This role will involve 75-100% travel with no fixed location. Therefore, applicants will not be a...
Monster
BO and Informatica Data Warehouse Developer
NC-Raleigh, BI Data Warehouse & Business Objects Developer. Must have 5 years experience as a skilled BI/DW developer to assist with the design and development of “self service reporting” solutions in support of multiple financial and/or operational end customers. The contractor should possess the skills and experience necessary to part...
Monster
Business Objects - BO - Linux Integration - Reporting Tools
DC-Washington, Location Washington, DC; Arlington, VA Salary $70,000 - $140,000 Education Associates Category Information Technology Experience Required At least 2 Years Short Description Business Objects - BO -Linux Integration - Reporting Tools - Crystal - Xcelsius - Universe - WebI Required Skills Business Objects, SAP, Linux, Management, Report...
Monster
BO Developer
NY-Syracuse, We are seeking a Business Objects Expert to work with Universe Design, reporting, publishing, migrating, and security. Preference will be given to local candidates. BO Development Qualifications: Knowledge of Data Warehouse environment and dimensional data modeling Some experience working with ETLs (specifically using DataStage) is pre...
Monster
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