MindArk, makers of Entropia Universe along with the Beijing Municipal People’s Government supported online entertainment company Cyber Recreation Development Corp. (CRD) announced a deal to create a Real Cash Economy virtual world for China today. In the deal aimed at permitting up to “7 million concurrent users” and generating “over $1 billion annually in commerce” it is clear the Chinese and Swedish partners have some lofty goals in mind. Real Cash Economy Virtual World entrepeneur Anshe Chung’s IPO of Anshe Bank Entropia (ABE) sold all of its initial 320,000 shares raising $32,000 USD for the company. Along with her groundbraking virtual world currency exchange between Second Life and Entropia Universe this is a mojor development in solidifying Virtual World Economies.

Seattle, WA (PRWEB) June 1, 2007 –

Entropia to Create Mammoth Virtual World

MindArk, makers of Entropia Universe along with the Beijing Municipal People’s Government supported online entertainment company Cyber Recreation Development Corp. (CRD) announced a deal to create a Real Cash Economy virtual world for China today. In the deal aimed at permitting up to “7 million concurrent users” and generating “over $1 billion annually in commerce” it is clear the Chinese and Swedish partners have some lofty goals in mind.

According to the Press Release, “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. In turn, this will provide a diverse, entertaining and interesting three-dimensional virtual universe of vast proportions for participants to explore. A number of the world’s largest corporations within the aforementioned business sectors are currently in negotiations to purchase their own planet within Entropia Universe.”

With Entropia currently having one Planet and a rather generously estimated 10 thousand concurrent users, this project is grand indeed. The ramifications here, should everything come to fruition as designed are cataclysmic. Seems like those exclusive two year bank licenses might pay off after all.

Reportedly, MindArk and Entropia Universe beat our other bidders, most notably Second Life for this grand partnership.

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