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by CareyBot

Editor's note: This story kicks off our three-part series on virtual real estate worlds. Find out why these worlds are not just games, and what entices people to pay real money for land in cyberspace. (See Part 1: The next big (cyber) land grab and Part 3: The real estate worlds of cyberspace.) You probably wouldn't think of an asteroid as a real estate developer's dream. But Jon Jacobs has big plans for this asteroid: 1,000 apartments, 200 shops, a night club, and plenty of profits from mining and hunting activities. Even though this grand resort project will be built on a virtual asteroid in cyberspace, Jacobs said he views it as a solid investment -- and that's why he paid $100,000 in real-world money. Jacobs, of Miami, said he plans to release the apartment units slowly into the ...