Readers might remember that I posted a while back about an investment within the Entropia Universe gaming system. I posted after a few months, and then again after a year.
After that I promptly forgot about eu and other than logging in once, not long after I moved house to check the game worked on the new set up I let the account slide. Well something triggered my memory and I logged back in recently to see how my little flutter was going. (I spent $100 of in game money I’d built up on a deed that paid out a return).
Turns out in just over 2.5 years I’ve made about almost $60 in payouts and my deed is worth about $120 now. That’s an 80% ROI if I sold out now. At this point I’m kinda wishing I bought more of them, especially given how low bank accounts are paying and many other lower risk investments.
In the last few months there have also been several other deed related announcements. There are now three types of deeds. As well as the original 60,000 calypso land deeds (which have 25% of that planet’s revenue divided amongst them) there are now also 200,000 Arkadia underground deeds. These pay out daily, instead of weekly, are initially being sold for $5 and are having the 5% loot tax for the Arkadia underground area split amongst them. With my $60 profit I grabbed 10 of these.
The other deed is something a little different. Mindark (the people who own the universe and made planet Calypso) are making an app that ties into the taming and monster section of the game. 30% of this apps revenue will be split up between their 200,000 deeds. These deeds are selling for $10 so I nabbed one with the rest of my profit. They won’t be paying out yet and I assume they will be weekly payers rather than daily but I’m sure one won’t hurt to grab.
Now that puts me right back at having no money if the game collapses but considering I made the money from scratch in the game anyway I’m not worried. I also think the game is growing and am pleased to see that there’s still plenty of players.
With all the information I’ve got on payouts and the new deeds that make it easier to reinvest profits and get the rule of 72 working a bit better I’m serioucly considering putting in real cash and investing with some savings. Might start low, but should be a fun experiment.