Saturday, March 21, 2009
Entropia PC video game granted banking licence by Sweden
Online game Entropia Universe has been granted a licence to be a bank.
Issued by the Swedish Financial Supervisory Authority, the licence means the game can be more closely tied to the real world finances of players.
Mindark, the developers of the game, said it aimed to launch a fully-functioning in-game bank within the next 12 months.
At current exchange rates, 10 PED (Project Entropia Dollars) are worth one US dollar.
Unlike many other online games, which charge a monthly subscription fee, the software for Project Entropia is free to download and install.
Read full post here on the BBC