the sale of "virtual real estate" and "virtual items" within a "virtual world."
There's a long history of people being willing to pay for access to something they enjoy or need.
The subscription business model has worked and continues to work for online games, streaming movies, cable TV, streaming music, internet access, satellite radio, cell phone service, fitness clubs, car washes and innumerable other products and services. Season tickets to operas, playhouses, sports teams and amusement parks are also a form of subscription.
Hell, taxes are a form of mandatory subscription that provides access to a wide range of goods and services ranging from garbage collection to law enforcement to highway maintenance and children's education.
Paying for access to something you enjoy or need does not automatically mean you are a sucker. Automatically dismissing something without realizing that you use every day without realizing it, on the other hand....