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Man drops his entire life savings on buying virtual land in the metaverse

Still Waters

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Posted (IP: Staff) ·

A Texas man has given away his entire life savings to buy virtual land on an online virtual reality game.

Let’s hope the property market isn’t as dire in the metaverse.

KXAN reports that Texas native, Justin Reed, whose online alias is David Joker, spent US$18,000 (AUD $26,317 or £14,974) for the Khorum Coast, a piece of property in the virtual land Entropia Universe.

"I know it sounds like a lot, and it's a crazy thing to tell someone that, you know, I'm a virtual landowner, and I put my life savings into it. But I believe in Entropia," said the new virtual property owner.

Reed has been playing Entropia Universe for almost 20 years and says the game has helped him pay his college tuition.


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