Virtual Real Estate Sold for $330,000 in Entropia Universe

It's one thing to buy a piece of pricey real estate and hope to earn some passive income on it by renting it out to others -- it's an otherwordly thing to buy a plot of expensive virtual estate and hope to do the same thing.

Yet this is what Erik Novak, otherwise known as "Buzz 'Erik' Lightyear," is attempting to do with the Crystal Palace Space Station, which he recently purchased for $330,000 on Planet Calypso in Entropia Universe. Though it may seem absurd, this kind of big-time virtual transaction is far from something new and in financial terms, it actually might not be such a terrible idea.