It seems unbelievable, but the virtual planet Calypso on the Entropia Universe social media site  sold for $6 million USD.

What would be the point of owning a virtual planet? Well, real life businesses are beginning to understand the value of online gaming networks, and are investing in virtual worlds at a rapidly increasing rate.  Also, owning a virtual planet allows you to tax players to own ‘homes’ or play on the planet.

In the USA, the virtual goods market overall will reach $US2.1 billion this year!

The Stuff.co.nz article has more info for those would-be investors.