Virtual banks will give these loans

The creator of the game, a Swedish company, MindArk is planning to hold an auction, which will be sold five banking licenses. Each “document” who buys it will allow the user to open a bank on a virtual planet Calypso (at which events develop Entropia Universe), and then provide loans to other players, to receive interest and advertise their own institutions.
Validity of each such license - two years . All transactions will be conducted in-game currency, Project Entropia Dollars. Unique situation in that virtual money can be exchanged for real U.S. dollars at the rate of ten to one. Thus, through virtual banks can be indirectly obtain a loan from a real currency.

12 January 2007 | advertising, bank, creator, event, license, planet, player, rate, user

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