The single largest" transaction for virtual property has been completed thanks to a $335,000 dollar sale of Entropia Universe property including seven domes, a stadium, a mall, a club, and more to one John Foma Kalun. The seller, Jon Jacobs, has made a number of big ticket sales and purchased virtual properties up to the $100,000 mark. This sale marks the new record for a single transaction.
Entropia Universe allows users to convert real world finances to a virtual currency, offering a fixed exchange rate for users who choose to cash-out and convert their virtual currency back. Entropia's in-game properties, therefore, have a real cash value.
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