Someone Paid $51k for a Rifle That Won’t Work in Real Life
Gamers in 2016 are spending a lot of money. While you may not think that gold forming is a viable business, gold farmers are laughing all the way to the bank. People are willing to spend thousands of dollars for in-game items, and a prime example of this comes from MindArk’s Entropia Universe.
The company has been making a name for itself for several years because players are willing to spend thousands of dollars for virtual items.
A completely transparent armor set, the Ethereal Armor is considered legendary, with only 25 sets in total made. But these are just virtual items, and you’ll never actually be able to wear these in the comfort of your home.
How much were people willing to plunk down on this armor? $5,000.
That’s right – 5,000 dollars – for armor that is superior, but does not provide any aesthetic value. I thought that this was a staggering number even after being in the business for years. Then came the rude awakening – a one-of-a-kind universal rifle.
A rifle that you’ll never be able to shoot in real life, and is a one-of-a-kind item.
How much did one player pay for this item? Before we answer this question, let’s just state that this item is from 2005 and was given as a surprise for a community video contest. Several people since 2005 have purchased this item, and the value keeps going up and up.
One rich character, Divinity Deth Undefined, decided that this item was valued at $51,796. Remember, this is real money. But after digging up a little bit more about this character, it seems as if he owns a bank inside the game where he sells items and makes real money. This is actually an investment for his character, and many people state that he will be able to make his money back with this item.
It’s an exorbitant amount of money – enough to buy a luxury car.
The moral of the story is that gamers are willing to pay money when it can be used to bolstering either their in-game status, or the money that they make off of the game. Entropia Universe is an extreme example of people willing to spend money on virtual items, but this is just one of many examples.
There are a lot of games where players have paid lots of money for virtual items:
- Counterstrike Global Offensive
- Heroes of the Storm
- Dota 2
- Team Fortress 2
- Eve Online
- Clash of Clans
- Game of War
- Castle Clash, and lots more.
Mobile games seem to have a way of pushing people into throwing money at developers for games that are subpar compared to consoles or even PCs. Let’s face the truth, these games are not as visually appealing as Witcher 3 or nearly as immersive as other games.
But people are spending money every day to progress and improve their game accounts.
Think Gaming has an older chart that shows the typical gamer is willing to spend money on even ridiculous games, such as Kim Kardashian: Hollywood. It is estimated that this game raked in over $90,000, and by looking at these figures, I know that they are grossly miscalculated. Clash of Clans definitely had people spend more than $1.5 million.
In 2012, it was estimated that mobile games would bring in $30.7 billion in 2016. This number has been blown out of the water, with the industry earning over $45 billion in 2015. App sales are transforming the gaming industry, and it’s expected that the gaming industry will reach $100 billion thanks to mobile game sales.
Instead of sticking to just gold farming within a normal MMORPG, it’s time to branch out into mobile games. What can you do to start making more money in 2016?
What can you do to start making more money in 2016?
1. Start playing and learning different mobile games.
2. Offer boosting for mobile games.
3. Start selling game accounts – they are very profitable.
4. Start selling in-game items.
And I want to stress just how much money people are willing to spend on mobile games. It is such a high amount that I am still in disbelief that people have this much money to spend in the virtual world.
Just take a look at a few other examples of insane purchases for mobile games:
- A teen from Belgium decided that it was a good idea to spend $46,000 of his grandparents’ money on Game of War. The teen states that he did not know he was spending real money, but there are other people who spend just as much money on these games.
- Another person spent a staggering $9000 in Game of War to buy packs and try to be a dominant force. And this person is nowhere near the top of the leaderboards where people have spent over six figures on this game.
- Someone from Saudi Arabia, we can only assume a rich prince or business owner, spent over $1 million on Clash of Clans.
If you have an account, you can sell these for several hundreds of dollars and maybe even thousands of dollars depending on the game and the demand.
What should you be trying to do to make money?
It truly depends on the game itself. I would recommend doing the following research:
- Find out if the game has rare items that are either crafted or difficult to obtain – these will sell for good money.
- Determine how much money and game time would be needed to put into an account to sell it for a high profit.
- Determine what boosting services you can offer. In Clash of Clans, maybe you can attack somebody else’s rival and make money.
Gold and currency are the bread and butter for a gold farmer, but they’re not the only ways you can make money. Selling digital items, digital accounts and even boosting services are great ways to add to your income on the games that you already sell currency in.