Question: Treasure Island - Where Did The Treasure All Go?

[Mega]

On 17 December 2004 a 22 year old gamer buys a whole island in Entropia for the huge sum of $26,500.

http://news.bbc.co.uk/1/hi/technology/4104731.stm

Entropia Universe - New Treasure Island Deeds

In early December the Entropia Exchange will be expanded with a new listed company, New Treasure Island. The Entropia Exchange allows participants to

www.entropiauniverse.com

On 1 December 2021, a considerable number of gamers buy a whole island in Entropia for the enormous sum of $800,000

Whatever thoughts you wish to put to this topic.

 

[Katie Chalmers]

This damn inflation is affecting everything!

 

[Deepa2]

I was able to find only 2021 document:

https://www.mindark.com/investor-relations/financial-reports/documents/ANNUAL_REPORTMindArk2021.pdf

Which states that 34,89% of the treasure went to Ukrainian celebrity Tetiana Karunna

 

[Dav]

Your thoughts being?

I only know that sometime in between those dates given by you, the owner and brains behind this game, Mr Timkrants, bought what was at the time the second or third most expensive real estate ever sold in Sweden. I don't remember exactly where in Gothenburg but it was in the most uberposh district. So that's where your money was going at the time, nvm Treasure Island or whatever EU property we're talking about.

All good for him to buy that estate but considering every other person on that list (full of the most very exclusive properties) were company execs of multimillion corporations.....well, perhaps Mindarks owners stretched themselves a wee bit too much. And we're still footing the bill....

 

[MrFatBoy]

my thought are: MA has a lot of cows they know they can milk time and time again. MA is happy to do the milking , cows are happy as they like to be milked - in the end one of them goes to the slaughter house - and they wont be so happy anymore.


ohh and wasn't there like a 90K ath on bristle hogs when that all happened too? just one of those MA coincidences (i could be wrong here but i thought it was on one of the LA there) - nice little kick back huh

 

[Droob]

The real take-away is how £13 700 used to get you $26 500

 

[MrFatBoy]

The real take-away is how £13 700 used to get you $26 500

Brexit maybe? well at least part of it - GBP been down for a while now

 

[GradenFoss]

I was able to find only 2021 document:

https://www.mindark.com/investor-relations/financial-reports/documents/ANNUAL_REPORTMindArk2021.pdf

Which states that 34,89% of the treasure went to Ukrainian celebrity Tetiana Karunna

What you are referring to is that Tetiana Karunna held 34,89% of MindArk shares during that time. Still is, according to the 2022 Year-End report, where she is indicated as close relative to founder Jan Welter Timkrans (page 22).