Shareholder – MMO Fallout

Tencent wants to buy Funcom. Thank you everyone, good night.

Okay there is more information. Funcom this week publicly revealed that Tencent, currently shareholder of 29% of the developer, intends to buy the other 71% from other shareholders. Funcom is claiming that there are no plans to change management, staffing, or structure following the acquisition, nor will Funcom deviate from supporting its current library of titles.

“We have had a great relationship with Tencent as our largest shareholder so far and we are excited about this opportunity,” says Funcom CEO Rui Casais. “We will continue to develop great games that people all over the world will play, and we believe that the support of Tencent will take Funcom to the next level. Tencent will provide Funcom with operational leverage and insights from its vast knowledge as the leading company in the game space.”

Thankfully players can look forward to nothing changing, since businesses are well known to keep their promise of not making gigantic cuts following acquisitions.

Source: Funcom

In the first half of 2019, gamers will have the opportunity to buy shares in digital property within the game Entropia Universe. The Crystal Palace, which was sold in 2009 to its current private owner, is selling 500,000 shares for the low cost of $1 each. Shareholders receive a proportional cut of the loot collected across all four domes in the form of PED, which can then be converted and cashed out into real world money.

Talk about a game that plays itself.

“The upcoming Crystal Palace shares are one of the many ways that investment-minded players can earn real-world profits from Entropia Universe. With more than a billion microtransactions taking place in Entropia Universe every month, Entropia Universe boasts a yearly Gross Domestic Product of more than $400 million – equivalent to the nation of Tonga. Entropia Universe property sales in the past have broken world records, including the very first virtual property worth more than $1,000,000.”

The Crystal Palace earned an approximate return on investment of 17% this past year.

Source: Entropia Universe