Can Virtual Property Gain Legal Protection?

Law360, New York (February 09, 2006, 12:00 AM ET) -- In the fall of 2005, an online video game player who spent £13,700 to purchase an island that exists only in a computer game reported that he recouped his investment. The virtual treasure island he bought existed within the online role-playing game “Project Entropia.” He made money by selling land to build virtual homes as well as taxing other game players to hunt or mine on the island.

The introduction of "massive multiplayer online role-playing games" (MMORPGs) has revolutionized the online video game industry. In 2003...
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