lol i do see one catch right away.

Economy!
Project Entropia is free of charge, meaning that you don't have to purchase any boxed version or pay any monthly fees to join our virtual universe. Instead, Project Entropia will use a real economy system that allows you to exchange real money for a Project Entropia currency. This virtual currency is then used to buy any items you want inside the virtual universe. You will also be able to exchange the Project Entropia currency back into the real currency again. It's also possible to earn money by participating in Project Entropia. You will have the opportunity to create, find, trade and sell all sorts of items. You will also be able to perform actions, quests and adventures that may enable you to earn even more money. This is what makes Project Entropia one of the most innovative experiences in on-line entertainment.

The virtual currency is Project Entropia Dollars (PEDs) and Project Entropia Cents (PECs). The currency rate will be set at 10 PEDs = 1 US Dollar.