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Media Center > Virtual World Cities Sell for Real Money - The Statesman

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Virtual World Cities Sell for Real Money - The Statesman

Nov. 01, 2007
Reporter: Staff Journalist, The Statesman
Tags: Virtual Real Estate, Virtual Cities, Internet Ads has created a virtual real estate boom as members race to buy virtual world cities, states, properties, celebrities and domain names. Members profit from their digital assets by making money from flipping them, internet ad earnings and hits.

Islamabad, other cities sold for real money

Islamabad Lahore and Karachi are latest cities in Pakistan to sell for real money as members race to accumulate cities at The new virtual mayors purchased these cities at website and they earn real money from virtual property sales and internet advertising within their virtual cities.

Weblo is a parallel universe that is the only virtual world based on the real world. Members own and manage websites that are virtual replicas of real cities, states, properties, domains and celebrities. Members earn real money via hits, Internet ads and by selling or auctioning assets for a profit. Members enhance their online portfolios by claiming popular social networking profiles, says a press release of Weblo.

“It’s like Monopoly on steroids. Every property, city and state from the real world is for sale at,” says Rafaqat Mirza, CEO and co-founder of “This is social networking with commerce, where members finally get paid for their popularity. Before only website founders and shareholders profited.” is the only parallel universe based on real properties, cities and states. Weblo has sparked a virtual real estate boom around the world with over 10,000 cities selling for real money.

Members flip virtual properties for profit just like in the real world. The virtual mayor of Seattle sold his city for $2000 US dollars after buying it for $40. Las Vegas resold for $2300 US dollars, a $1930 profit for the previous owner. The virtual Empire State Building, originally purchased for one dollar resold for $250.

This revolutionary approach to helping everyday internet users receive their rightful share of Internet profits in the latest offering from, which for the past year has been allowing members to profit by buying and selling virtual copies of real world cities, states, properties and domains.