Become a citizen of Planet Calypso!

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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
 
As a outlaw i must protest :)....But on a rather more sober note i quite like this sort of evolutionary, conceptual virtual experimentation. A step up or somewhere, in virtual platform development, a user drivin political "gaming" landscape....GG Politics :D
 
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interesting... ;)

wonder if they'll just keep throwing them on auction constantly til all sold or will space it out a bit to allow some of us to deposit next month, etc.
 
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Interesting.

:popcorn:
 
Goodness me - this should be interesting.
 
Let me be the first one to announce my running for president of Calypso!
 
Nice! Very nice idea to make a lot of money fast for MA!... really! Gratz!

I feel left out already :(.

Good luck fatwallets ... resellers... auctionbots....
 
I would be cautiously optimistic about this. :wise:
 
60k of them available, thats a lot! I wonder if this applies to all planets since the boss is involved.
 
ok, so in effect, the players will become the silent partners instead of FPC/SEE. the math seems to work out the same price.
This could get interesting
 
The question is - will we be able to sell them to someone else afterwards? Or i will have to wait few years to get my peds back?
 
I want one but my economy at the moment is gonna keep me from being able to buy one unfortunatly...darn it...hope I get a job really soon here in Sweden..I really want one of these..My only hope is to hit a big one ......I have been a faithful participant for almost 6 years... Maybe a miracle will happen..I will keep up the faith..Will watch the auction as the lucky participants bid...
 
The question is - will we be able to sell them to someone else afterwards? Or i will have to wait few years to get my peds back?

The Land Lot deeds are tradable just like any other item in Entropia.

Revenue share dividends will be paid once per week, to whichever participant currently holds the deed at the time of disbursement.
 
that is a lot of cash immediately for MA.
 
the only part i would object to, on first reading, is the "become a citizen" part. In the prior VU's, owning an estate already made you a citizen. This was evidenced by the voting as well as the ad terminals.

otherwise, I love the idea.
 
The Land Lot deeds are tradable just like any other item in Entropia.

Revenue share dividends will be paid once per week, to whichever participant currently holds the deed at the time of disbursement.

Thank you for a fast and clear response!
 
Similar to a suggestion I made in the Wish List in Entropia Forum a few years ago except that I proposed that small plots of land be given away free.

Would have preferred it to be more of a reward for depositors and/or long-term players but not a bad move of Mindark's methinks to gain more stake-holders within EU.
 
Next question - where will the citizenship lang grab be, are they auctioning off plots of Eudoria or new sections on Amath? I personally have had a long love for Fort Troy - I spawned there during the CND orange tidel wave and have used it as a base of operations ever since. I would love to have to opportunity to peg out a house there.

Also I've long wondered if EU may go a little more like Second Life... people designing and building stuctures, expanding their favorate towns.

I love the idea, just got to save up £600 to buy 9 land plots and get my house in order before 2013.
 
Well you buy a share of Calypso without any legal backing for a TT value of 0.00, what will make MA pay you anything??
Some creative accounting and they will not make any money and will not have* to pay us anything.

Also by selling on global auction they are doing harm to the other PP's.

This should be implemented (if it should in the first place) for all PP at the same time to make it a fair thing imho.


* well they do not HAVE to pay us anyway, there is no contract. Seems a bit dodgy to me
 
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will be a nice addition of 6million$ for MA... hope this improves loot!
:yay::yay::yay::yay:
 
Is it possible for the Planet Parners to implement this same system within their own planets?

Bones
 
will be a nice addition of 6million$ for MA... hope this improves loot!
:yay::yay::yay::yay:
Good point. Interesting that it's $6 million...
 
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I guess you will all be my bosses from now on then :)

Once I see those new Powerfists you have created .. you might be getting a raise!


Bones
 
Hmm.. more proof that MA is getting less interested in the "casual" player?

We'll see...
 
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I guess you will all be my bosses from now on then :)

bring me some coffee :cool:

now the deed is like a share from all calypso or for exactly named plot siting somewhere, so everyone will get different revenue depending where his mini land is?
 
Nice news but i also see potential anger from players.

I just wonder who will be the first to buy a whooping lot of them.

I say first allow only a participant to buy mabye 5 max for atleast 2 weeks or such so that everyone will actually get a chance to buy one. Then after that time make it free for all to buy as many as they want.
 
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