, the fastest growing virtual world utilizing a real cash economy, has announced a 22-year-old Australian, Deathifier from the Dark Knights society, as the savvy winner of the historic auction for virtual real estate. The auction began taking bids in late August and ran through the month of December, accepting offers from around the world in a race to claim an extensively rendered virtual treasure island. Bidding ended at an astonishing amount of $26,500 (U.S.), the largest amount ever spent in the massive multiplayer online gaming space.
The ?Treasure Island? is a true prize in the MMORPG virtual gaming community as it provides instant Real cash revenue, from ?mining and hunting? rights to the new owner. The winning bidder of the island will obtain all taxation rights on hunting and mining on the island as hundreds of members flock to the new world in search of new game and gold. The island also provides additional revenue potential through the selling of housing lots and market places, some of which have already been sold and claimed due to the high demand.