Virtual Banking Licenses

Virtual World Entropia Universe Issues First Ever Virtual Banking Licenses for $400,000

8 May 2007

MindArk Announces the Five Winners of the World's First Virtual Banking License; Real World Banks and Celebrities Among the Buyers

GOTHENBURG, SWEDEN -- May 08, 2007 -- In yet another first for both the virtual world and the real world, Entropia Universe creators MindArk PE AB today announced the long-awaited results of the very first virtual banking license auction after months of active bidding. The five licenses sold for an astounding total of $404,000 to a mix of real world banks, Entropia celebrities, and entrepreneurs...

Read the entire Press Release here