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Existing as a "virtual world," Entropia Universe is the product of the development team at the Swedish-based Mindark, who developed the game to run on a "Real Cash Economy" in which players real money is transfered into actual funds to be used in the Entropia Universe. At a conversion rate of 10 PED to $1, players can put money in (or take money out) according to their own real world needs.

As a game, Entropia Universe players can fight monsters, interact with each other, or collect items to redeem for PEDS. However, many individuals claim that it takes large sums of PEDS to continue playing the game, with some players paying several hundred dollars per month in order to continue in the game.

In recent headlines, Entropia Universe is planning on moving into China, where a host of potential gamers await. They also have licensed the cryENGINE 2 (the engine being used in the game Crysis) to bring a realistic look to the Entropia Universe.