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MindArk
MindArk is a Swedish software company located in Gothenburg. It created '' Entropia Universe'' (formerly known as ''Project Entropia''), a popular MMORPG-style online virtual universe. In this Real Cash Economy metaverse there are (as of 2021) six planet partners, which manage the virtual planets Calypso, Rocktropia, Next Island, Arkadia, Cyrene and Toulan. Some of the company's senior managers saw potential in Project Entropia and bought the operation back from the receiver in April 2003. Many employees also chose to follow suit and the company Mindark PE AB was formed. In 2021, MindArk started working on the next generation '' Entropia Universe'' experience based on the Graphics Engine ''Unreal Engine'' 5 from ''Epic Games Epic Games, Inc. is an American video game and software developer and publisher based in Cary, North Carolina. The company was founded by Tim Sweeney as Potomac Computer Systems in 1991, originally located in his parents' house in Potomac, M ...''. Re ...
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Entropia Universe
''Entropia Universe'' is a massively multiplayer online (MMORPG) virtual universe designed by the Swedish software company MindArk, based in Gothenburg. ''Entropia'' uses a micropayment business model, in which players may buy in-game currency (PED - Project Entropia Dollars) with real money that can be redeemed back into U.S. dollars at a fixed exchange rate of 10:1. This means that virtual items acquired within ''Entropia Universe'' have a real cash value, and a participant may, at any time, initiate a withdrawal of their accumulated PED back into U.S. dollars according to the fixed exchange rate, minus transaction fees. The Entropia Universe is a direct continuation of Project Entropia. ''Entropia Universe'' entered the Guinness World Records Book in both 2004 and 2008 for the most expensive virtual world objects ever sold. In 2009, a virtual space station, a popular destination, sold for . This was then eclipsed in November 2010 when Jon Jacobs sold a club named "Club Nev ...
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Sweden
Sweden, formally the Kingdom of Sweden,The United Nations Group of Experts on Geographical Names states that the country's formal name is the Kingdom of SwedenUNGEGN World Geographical Names, Sweden./ref> is a Nordic country located on the Scandinavian Peninsula in Northern Europe. It borders Norway to the west and north, Finland to the east, and is connected to Denmark in the southwest by a bridgetunnel across the Öresund. At , Sweden is the largest Nordic country, the third-largest country in the European Union, and the fifth-largest country in Europe. The capital and largest city is Stockholm. Sweden has a total population of 10.5 million, and a low population density of , with around 87% of Swedes residing in urban areas in the central and southern half of the country. Sweden has a nature dominated by forests and a large amount of lakes, including some of the largest in Europe. Many long rivers run from the Scandes range through the landscape, primarily ...
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Software Company
A software company is a company whose primary products are various forms of software, software technology, distribution, and software product development. They make up the software industry. Types There are a number of different types of software companies: *There are companies selling available to use commercial off-the-shelf (COTS) products, such as Microsoft's Outlook, Word and Excel, Adobe Systems's Acrobat, Illustrator and other designing tools, or Google apps like Chrome. *Many companies provide Software Development services, and have a structure to develop custom software for other companies and businesses. *Companies producing specialized commercial off-the-shelf software, such as Panorama, Hyperion, and Siebel Systems *Companies providing Software as a Service (SaaS), such as Google's email service Gmail, Voice and Maps, and companies like Salesforce and Zendesk. *Technology that mobilizes social media such as Facebook, LinkedIn, Instagram, Twitter and Parler. * *There ...
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Gothenburg
Gothenburg (; abbreviated Gbg; sv, Göteborg ) is the second-largest city in Sweden, fifth-largest in the Nordic countries, and capital of the Västra Götaland County. It is situated by the Kattegat, on the west coast of Sweden, and has a population of approximately 590,000 in the city proper and about 1.1 million inhabitants in the metropolitan area. Gothenburg was founded as a heavily fortified, primarily Dutch, trading colony, by royal charter in 1621 by King Gustavus Adolphus. In addition to the generous privileges (e.g. tax relaxation) given to his Dutch allies from the ongoing Thirty Years' War, the king also attracted significant numbers of his German and Scottish allies to populate his only town on the western coast. At a key strategic location at the mouth of the Göta älv, where Scandinavia's largest drainage basin enters the sea, the Port of Gothenburg is now the largest port in the Nordic countries. Gothenburg is home to many students, as the city includes ...
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MMORPG
A massively multiplayer online role-playing game (MMORPG) is a video game that combines aspects of a role-playing video game and a massively multiplayer online game. As in role-playing games (RPGs), the player assumes the role of a Player character, character (often in a fantasy world or science-fiction world) and takes control over many of that character's actions. MMORPGs are distinguished from Online game, single-player or small Multiplayer online game, multi-player online RPGs by the number of players able to interact together, and by the game's persistent world (usually hosted by the game's video game publisher, publisher), which continues to exist and evolve while the player is offline and away from the game. MMORPGs are played throughout the world. Worldwide revenues for MMORPGs exceeded half a billion dollars in 2005, and Western revenues exceeded a billion dollars in 2006. In 2008, the spending on subscription MMORPGs by consumers in North America and Europe grew to $1.4 ...
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Real Cash Economy
Real may refer to: Currencies * Brazilian real (R$) * Central American Republic real * Mexican real * Portuguese real * Spanish real * Spanish colonial real Music Albums * ''Real'' (L'Arc-en-Ciel album) (2000) * ''Real'' (Bright album) (2010) * ''Real'' (Belinda Carlisle album) (1993) * ''Real'' (Gorgon City EP) (2013) * ''Real'' (IU EP) (2010) * ''Real'' (Ivy Queen album) (2004) * ''Real'' (Mika Nakashima album) (2013) * ''Real'' (Ednita Nazario album) (2007) * ''Real'' (Jodie Resther album), a 2000 album by Jodie Resther * ''Real'' (Michael Sweet album) (1995) * ''Real'' (The Word Alive album) (2014) * ''Real'', a 2002 album by Israel Houghton recording as Israel & New Breed Songs * "Real" (Goo Goo Dolls song) (2008) * "Real" (Gorgon City song) (2013) * "Real" (Plumb song) (2004) * "Real" (Vivid song) (2012) * "Real" (James Wesley song) (2010) * "Real", a song by Kendrick Lamar from ''Good Kid, M.A.A.D City'' * "Real", a song by NF from ''Therapy Session'' * ...
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