In-game banking…

March 20, 2009 at 9:59 pm Leave a comment

Online game Entropia Universe has been granted a licence to be a bank. The Swedish Financial Supervisory Authority had granted MindArk’s subsidiary Mind Bank AB a license to conduct legal banking activities. This allows MindArk to operate Mind Bank AB as a fully functioning bank within the Entropia Universe, providing real world banking functions to all virtual worlds running on the Entropia Universe platform. Mind Bank AB will be the first bank that fully incorporates real money transactions with activities within a virtual world.

http://news.bbc.co.uk/1/hi/technology/7954629.stm

http://www.virtualworldsnews.com/2009/03/mindark-brings-real-banking-into-entropia-universe.html

Mindark claims that more than 800,000 people have registered to play the game and 80-100,000 are regular players. About $420m of player-to-player transactions were carried out during 2008, according to Mindark figures.

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