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  1. #1
    News Fetcher Bertha Bot's Avatar
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    Become a citizen of Planet Calypso!

    Entropia Universe takes Virtual World Citizenship to a whole new level!

    Planet Calypso introduces a groundbreaking Citizenship System that includes Land Lot Deeds with an expected annual return on investment of up to 30%.

    Gothenburg, Sweden, November 8th, 2011

    MindArk, developer of Entropia Universe, announced today that it will introduce a groundbreaking new Citizenship System. This system will provide planet-wide revenue sharing to participants, as well as a forthcoming political system that will allow users to influence the future development of the planet.

    “The Citizenship System will have a strong impact on the social and virtual worlds industry”, said Jan Welter Timkrans, Chairman of MindArk, “Now people can make money using their game-playing skills and by engaging in the micro transactions economy. They can both share in the revenues of their favourite world and help decide its future via the political system! “

    The new system will allow participants of Entropia Universe to acquire a Land Lot deed. This deed grants holders citizenship on Planet Calypso, along with political voting rights. Citizens of Planet Calypso will receive a share in the planet partner Gross Revenue. Based on Planet Calypso’s performance over the last twelve months, the potential ROI (Return of Investment) of such shares is expected to be between 27% - 30% per year.

    Jan Welter Timkrans: “So far, land management in Entropia Universe has been a very exclusive thing, as the market price for land area deeds have ranged from $5,000 on the low end, to upwards of $500,000. Now, participants of all levels and budgets can manage a piece of an entire virtual world for $100 USD – less than the price of two regular PC games. The Citizenship System brings a new era in MMO and Virtual World participation, something people have been crying out for. It will bring value to people who are passionate about games and global online culture.”

    The new Citizenship System will showcase the economics of a successful Planet Partner on the Entropia Universe platform. Planet Calypso is a profitable Virtual world. It is the oldest of the planets in Entropia Universe, has over 1 million registered users and over $ 400,000,000 USD per year in user-to-user transactions.

    In total, sixty thousand (60,000) Land Lot deeds will be created, each representing a 100 square meter plot on Planet Calypso. Starting on November 8, 2011, batches of these deeds will be offered on the Entropia Universe auction. Each Land Lot deed will have a start-bid price and a buyout price of 1000 PEDs ($100 USD). The Land Lot deeds will be implemented as stackable items, and will be made available in single units, as well as in stacks of 5, 10, 20, 50, and 100. Batches will continue to be offered on the auction until the entire sixty thousands deeds have been sold.

    Each Land Lot deed entitles the holder to a share of the 50% planet partner Gross Revenue generated by Planet Calypso. Payouts of revenue share dividends to deed holders will be made once per week, as opposed to once per year or once per month for many other investments!"

    The success and profitability of the planet will determine the revenue received as a land lot deed holder. If Calypso becomes more popular, the ROI will be higher; similarly, if the popularity of Calypso decreases, the ROI would also decrease. First revenue payouts are planned for the beginning of December 2011.

    Once every six months, audited figures will be presented on MindArk’s homepage so that deed holders can verify their revenue share payouts.

    Current land area deed holders on Calypso will be entitled to one free land lot deed. This does not include deeds for claim battle areas, houses, apartments, shops or sub-divided areas, only Outback Land Areas (OLAs). Treasure Island, FOMA, Crystal Palace and Medusa’s Head will receive one deed, issued to the main estate manager. Management of existing Outback Land Areas will remain unaffected.

    Land Lot Deed holders will have the opportunity to take part in a Calypso Citizenship land grab. Certain areas will be opened on Calypso where deed holders can stake out their land plots. This system development is scheduled to begin in 2012.

    Land Lot Deed holders will be able to build house(s) on the plot(s) they have staked out. (Minimum of 9 plots in a 3x3 format suitable for a structure). This system development is scheduled to begin in 2013.

    Additionally, a comprehensive political system is planned that will allow Land Lot Deed holders to become directly involved with decisions affecting the future development of Calypso, with voting power relative to the number of Land Lot Deeds held. This system development is also scheduled to begin in 2012.

    This information has been released prior to the official press release planned for 16th November as a courtesy to Entropia Universe participants. Further information and specifications may be applied.


    Originally Posted Here

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  3. #2
    Mature
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    Jul 06 2011
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    sky is falling!!!!!!!! hmm 1000 ped invested, 3 years to recoup, 9 k ped to be able to pay for a house...definetely worth taking a look into but still a skeptic

  4. #3
    Provider
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    Stackable??? Hmm I wonder if they are lootable in space (I hope Ma thought about this lol)

  5. #4
    Mature
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    Nov 05 2011
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    really?!!!!!!!!

    When are the new deeds coming out? I seen some on but they have been bought up and now are on the AU for a hefty MU . My thoughts are this the person who buys the land should have to keep it for a period of time say 30-90 days before they are able to resell it this will stop all the high ballers who buy 100’s of deeds and just resell them the same day they buy them. And if they decide to sell them before the 90 days then they can not sell it for any MU. This will stop all the “let me buy and resell to make a quick buck. There are real people who would love to buy some land but now it is going to be just like before. Who sees it first gets it first all others are screwed

  6. #5
    Old
    Joined
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    Shares for sale by MA will be released to auction daily, until the 60,000 shares are purchased.

    Do not buy from a reseller, as MA has only released a small portion of the shares to auction at this point. Keep looking daily, at various times, on auction for the shares from MA.

  7. #6
    Young
    Joined
    May 13 2011
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    interesting,


    I have two simple questions currently :

    1. what will be the TT value of a deed?
    2. does the start of such partnership between players and FPC mean that all the new land areas to come will be put to auction in the same manner?


    J.
    Higdon's Law: Good judgement comes from experience.
    Experience comes from bad judgement.

  8. #7
    Old Xander Zan Catman's Avatar
    Joined
    Jul 09 2011
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    Ontario Canada
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    All other deeds in game have a TT value of 0.00 - I would assume these will be the same.

  9. #8
    Hatchling
    Joined
    Oct 28 2011
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    anyone know what time there up for sale on???

    been checking quite reg at the auctions for them but none from ma to be had???have they been up for sale yet???theres 3 pages of land deeds there now (15.36 uk time) but most of these seam to be owned by the uber?? players for resale(are these the free ones given to them??for owning land or did they sit there for 24 hrs watching the auction to buy??)...
    the timing of the land sales by ma directly should be made more clear!!!!

  10. #9
    Young
    Joined
    May 13 2011
    Posts
    26
    Quote Originally Posted by Xander Zan Catman View Post
    All other deeds in game have a TT value of 0.00 - I would assume these will be the same.
    thanks =)

    I want to know an official answer though, because for a deal of such magnitude what's the warranty for the potential investors?

    my second question is even more in the direction of warranties as the future of the possible land to be released later seriously influences the point of taking the risk or not.


    J.
    Higdon's Law: Good judgement comes from experience.
    Experience comes from bad judgement.

  11. #10
    Provider
    Joined
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    Quote Originally Posted by green gecko View Post
    been checking quite reg at the auctions for them but none from ma to be had???have they been up for sale yet???theres 3 pages of land deeds there now (15.36 uk time) but most of these seam to be owned by the uber?? players for resale(are these the free ones given to them??for owning land or did they sit there for 24 hrs watching the auction to buy??)...
    the timing of the land sales by ma directly should be made more clear!!!!
    Ma sell in GLOBAL auction... Resellers sell in other auctions

 

 
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