- Joined
- Mar 16, 2006
- Posts
- 11
- Location
- A galaxy far, far away...
- Society
- The Way of The Future
- Avatar Name
- John Titor
From Wikipedia:
http://en.wikipedia.org/wiki/Project_Entropia
Also...
Anyone else slightly concerned by this...?
My current opinion is neutral and I play PE for entertainment and fun expecting nothing else in return, however, I can easily see how people can easily fall into the "gambling addict" mentality at which point PE becomes a problem for them, especially among younger/less experienced players trying to compete with everyone else.
Do we need more open, clear, transparent and less ambiguous regulation and guidelines regarding the true nature of PE?
I think so, I'd hate to think that MindArk are currently hedging their bets at the moment regarding their legal status and are running the risk of running foul of the law resulting in being fined or even closed down…
http://en.wikipedia.org/wiki/Project_Entropia
Project Entropia's nature causes concern for players who worry about possible legal entanglements through the Internet Gambling Prohibition Act and other similar acts of legislation that address online gambling. All aspects of the game aside from "sweating" and trading follow the same pattern as slot machines at a casino:
CASINO
Money is converted to tokens -> tokens (one or more) are loaded into the slot machine -> the machine is triggered through electronic switch or pull-arm action -> the machine either pays nothing or provides a "win" on a random basis (a few tokens, a lot of tokens, or other prizes including cars, boats, furs, and other items of value) -> tokens are converted back to money when leaving the casino.
PROJECT ENTROPIA
Money is converted to PED (in-game currency) -> PED is used to buy into a trade (blueprints, weapons, mining devices) and PED is "loaded" into these devices in the form of materials, ammo, or probes/bombs for mining -> the device is triggered by looting, probing, or crafting -> the system either pays nothing or provides a "win" on a random basis (a few PED, a lot of PED, or other prizes including armor, weapons, clothing, and other items of value) -> PED can be converted back to money and withdrawn from Project Entropia.
NOTE: Although the relative skills of each character influence the maximum size of a successful loot/creation/mining effort that "wins," each triggering of the payback system yields a win or loss on a random basis. The current working text of the USA's proposed IGPA legislation identifies this activity as gambling. Other countries have similar legislative controls over gambling, which could impact Project Entropia's long-term viability.
The game also encourages players to keep trying for a big payout by constantly displaying "globals" and "Hall of Fame" successes by players getting large wins in hunting, crafting, or mining. These globals are injected into the chat interface, creating a constant reminder that enough clicks and enough PED can get a "big hit" in much the same way that flashing lights and sirens announce a jackpot at the slot machines in a casino.
Also...
The difference is that, in most countries, investments and gambling are regulated industries whilst on-line games with real economies are currently unregulated and players therefore have limited rights under the game's EULA and little legal protection if MindArk were to go bankrupt.
Anyone else slightly concerned by this...?
My current opinion is neutral and I play PE for entertainment and fun expecting nothing else in return, however, I can easily see how people can easily fall into the "gambling addict" mentality at which point PE becomes a problem for them, especially among younger/less experienced players trying to compete with everyone else.
Do we need more open, clear, transparent and less ambiguous regulation and guidelines regarding the true nature of PE?
I think so, I'd hate to think that MindArk are currently hedging their bets at the moment regarding their legal status and are running the risk of running foul of the law resulting in being fined or even closed down…